News & Insights
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By: Jordan Novet
Nutanix, a company selling data center hardware that combine elements of servers and storage arrays, today filed a form S-1 with the U.S. Securities and Exchange Commission, officially kicking off the process of going public.
The company says it aims to sell a maximum of $200 million in shares in the initial public offering. Shares of its stock will trade on the NASDAQ Global Select Market under the symbol NTNX. Goldman Sachs, Morgan Stanley, JP Morgan, and Credit Suisse are the lead underwriters of the deal.
Nutanix has long been expected to go public, and now the wheels are officially in motion. It’s not clear when the IPO will be, but given the late date of the year, the company may have been hustling to file before the 2015 IPO window closed…read more.