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Thursday, December 24, 2015

Storage Tech Company Nutanix Files For IPO

(Reuters) – Online storage startup #Nutanix has filed for its long-awaited public offering, the latest indication that the IPO window may still be open for some highly valued tech companies.

Nutanix, which builds server and storage systems for companies, was valued at $2 billion at its last private financing round in August 2014.

Sources familiar with the matter told Reuters in April that the initial public offering could value Nutanix at more than $2.5 billion, including debt.

Tuesday’s filing said Nutanix plans to raise $200 million in the deal, but that will likely change when the company offers a share price. The company, founded in 2009, did not disclose how many shares it would sell.


http://fortune.com/2015/12/22/storage-tech-nutanix-files-ipo/

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