A portion of the price is dependant upon the company hitting sales growth targets. Thales, the French aerospace and defense technology giant, said on Friday it will acquire San Mateo-based Guavus, a developer of real-time big data analytics, in a deal worth up to $215 million. This marks just third IPO from the Bay Area this year, following the market debuts of San Francisco-based Mulesoft and Okta. 31, the company generated $261.0 million in revenue and a net loss of $187.3 million. Shares began trading Friday morning on the New York Stock Exchange under the symbol "CLDR." Cloudera is primarily backed by Intel, Accel Partners, Meritech Capital Partners, In-Q-Tel, Greylock Partners, Ignition, MSD Capital and T. Still, the price - which valued the company at approximately $1.9 billion - was less than half of what Intel paid when it invested in the company in 2014. The company priced 15 million shares at $15 each, exceeding its previous guidance of $12-$14. Shares of Palo Alto-based Cloudera rose 20% by late Friday, hours after the developer of a hybrid open source software platform for data management, machine learning and advanced analytics raised $225 million in its initial public offering (IPO). Baird Global Technology Investment Bankingįull Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section 8 Habits of Effective Critical Thinkers > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) > 8 Habits of Effective Critical Thinkers O Santa Clara-Based Gigamon Names Kim DeCarlis as CMO O 123RF Acquires Pixlr from San Rafael-Based Autodesk O Facebook and Google Identified as Victims of $100 Million Phishing Fraud ![]() ![]() O Thales to Acquire San Mateo-Based Guavus in Deal Worth Up to $215 Million O Palo Alto-Based Cloudera Raises $225 Million in IPO, Stock Surges 20% Sponsored By: Fairfax County Economic Development Authority
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