Nutanix Plans $168 Million IPO for September 30th (NTNX)

Nutanix (NTNX) is planning to raise $168 million in an initial public offering (IPO) on Friday, September 30th. The company will issue 14,000,000 shares at $11.00-$13.00 per share.

In the last 12 months, Nutanix generated $444.9 million in revenue and had a net loss of $168.5 million. Nutanix has a market-cap of $1.6 billion.

Goldman Sachs, Morgan Stanley, J.P. Morgan and RBC Capital Markets acted as the underwriters for the IPO and Baird, Needham & Company, Oppenheimer, Pacific Crest Securities (a division of KeyBanc Capital Markets), Piper Jaffray, Raymond James, Stifel and William Blair were co-managers.

Nutanix provided the following description of their company for its IPO: “We provide a leading next-generation enterprise cloud platform that converges traditional silos of server, virtualization and storage into one integrated solution and can also connect to public cloud services. Our software-driven platform 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. We have recently announced an expansion of our capabilities to provide our customers with the flexibility to selectively utilize the public cloud for suitable workloads and specific use cases by enabling seamless application mobility across private and public clouds. This capability will enable hybrid cloud deployments and addresses a critical requirement for any next-generation enterprise cloud platform. “.

Nutanix was founded in 2009 and has 1980 employees. The company is located at 1740 Technology Drive, Suite 150, San Jose, CA 95110, US and can be reached via phone at (408) 216-8360 or on the web at

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