Thursday, May 9, 2013

Cyan Completes its IPO

Cyan completed its initial public offering (IPO) and began trading on the New York Stock Exchange (NYSE) under the ticker symbol "CYNI".

Mark Floyd, Cyan's Chairman and CEO, joined by members of the company’s management team, rang The Opening Bell on the NYSE.

"Listing on the NYSE marks a major milestone for the company and I want to thank the entire Cyan team, without whose tireless efforts this could never have happened," said Mark Floyd, chief executive officer, Cyan, Inc. "As a natural next step, we expect this event to enable Cyan to continue to catalyze the transformation and virtualization of networks globally. Our cutting edge Z-Series platforms combined with our unique, open and proven Blue Planet software, positions Cyan to benefit from the change in the way networks are designed and managed."