August Technology


said Wednesday that it priced a public offering of 3.268 million common shares at $13 each.

The Bloomington, Minn., company said the offering includes 268,250 shares being sold by stockholders.

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The company has also granted the underwriters an option to purchase up to 490,238 additional shares to cover any over-allotments. Needham & Co. served as the lead manager. Adams Harkness & Hill, A.G. Edwards and RBC Capital Markets acted as co-managers of the offering.

August supplies automated inspection and metrology systems to microelectronics makers. Shares of August were rising 31 cents, or 2.2%, to $14.55.