Deal Details
Initial Public Offering
Summary
Baird served as a co-manager on this offering
About
Nutanix, Inc. (“Nutanix” or the “Company”) (NASDAQ: NTNX) recently completed an initial public offering of 17,100,500 common shares at a price of $16.00 per share, above the high end of the revised $13.00 - $15.00 range, generating gross proceeds of approximately $273.6 million. The Company intends to use the net proceeds from the offering for general corporate purposes and capital expenditures.Nutanix provides a leading next-generation enterprise cloud platform that converges traditional silos of server, virtualization and storage into one integrated solution that can also connect to public cloud services. The Company’s software delivers the agility, scalability and pay-as-you-grow economics of the public cloud, while addressing enterprise requirements of application mobility, security, data integrity and control. Nutanix is headquartered in San Jose, California.
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- Date
- September 2016
- Company
- Nutanix, Inc.
- Transaction
- M&A
- Sectors
- Technology & Services
- Target Geography
- North America
- Acquiror Geography
- North America
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