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August 26, 2021 All

Rockley Photonics looks to SkyWater for wafer processing

SkyWater Technology and Rockley Photonics have broadened their engagement to include wafer back-end-of-line processing for Rockley’s spectrophotometer-on-a-chip health monitoring solution. The expanded relationship with SkyWater, which is part of the multi-sourcing efforts at Rockley, will enhance Rockley’s manufacturing network reliability and scalability. Specifically, Rockley utilized SkyWater’s Advanced Technology Services through the development phase, transitioned to […]

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November 21, 2019 All

SiTime surges 43% in IPO

SiTime completed its initial public offering (IPO) and shares are now trading on the Nasdaq Stock Market under the symbol SITM. On the first day of trading, SITM surged 43% over the opening price to close at $18.65. “SiTime’s IPO on Nasdaq begins an exciting new chapter for us,” said Rajesh Vashist, CEO of SiTime. […]

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June 17, 2018 All

Tintri teeters at edge on insolvency, less than 1 year after IPO

Less than one year after completing its IPO, Tintri (NASDAQ: TNTR), which specializes in enterprise cloud platforms, reported that it is currently in breach of certain covenants under its credit facilities and likely does not have sufficient liquidity to continue its operations beyond June 30, 2018. The company said it continues to evaluate its strategic […]

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November 28, 2017 All

Thoma Bravo to privatize Barracuda Networks for $1.6B

Thoma Bravo, a leading private equity firm, will acquire all shares of Barracuda Networks (NYSE: CUDA) in an all-cash transaction valued at $1.6 billion. Barracuda shareholders will receive $27.55 in cash for each share of Barracuda common stock they hold. The price represents a premium of 22.5 percent to the company’s 10-day average stock price […]

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September 30, 2016 All

Nutanix Soars 130% in IPO – Nasdaq NTNX

Shares in Nutanix (NTNX) soared during an initial public offering (IPO) on Friday, ending the day up 130% over its initial price. The company offered 14,870,000 shares of Class A common stock at a price of $16.00 per share. http://www.nutanix.com Nutanix S1 Filing: Quarterly Revenue at $139.8 million Wednesday, September 14, 2016 Data Centers, IPO, Nutanix, Silicon Valley No Comments […]

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September 28, 2016 All

Nutanix Prices IPO Shares in $13-15 Range

Shares in Nutanix are expected to begin trading on The NASDAQ Global Select Market under the symbol “NTNX.” The company expects the initial public offering price will be between $13.00 and $15.00 per share, potentially raising up to $241.5 million for the San Jose based firm. Nutanix S1 Filing: Quarterly Revenue at $139.8 million Wednesday, […]

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September 14, 2016 All

Nutanix S1 Filing: Quarterly Revenue at $139.8 million

For its most recently fiscal quarter ended 31-July-2016, Nutanix recorded revenue of $139.8 million, according to a recently updated Form S-1 registration statement filed with the SEC ahead of a potential initial public offering (IPO). Nutanix provides a next-generation enterprise cloud platform that “converges traditional silos of server, virtualization and storage into one integrated solution […]

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August 8, 2016 All

Twilio Hits Q2 Revenue of $64.5 Million, up 70% YoY

In its first earnings release as a public company, Twilio reported revenue of $64.5 million for the second quarter of 2016, up 70% from the second quarter of 2015 and 9% sequentially from the first quarter of 2016. Base revenue of $56.4 million for the second quarter of 2016, up 84% from the second quarter […]

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May 14, 2013 All

Denmark’s GlobalConnect Goes with Cyan for Regional Packet/Optical Upgrade

Cyan has landed another major customer in Europe. GlobalConnect, a Danish alternative provider with a network spanning with 12,000 fiber route kilometers with extensions into northern Germany and southern Sweden, has completed the deployment of a 400G network employing the Cyan Blue Planet software-defined networking (SDN) system and Z-Series packet-optical platform throughout Denmark. The network, […]

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