Fortinet Files For IPO
Sunnyvale-based Fortinet has filed for an IPO, saying Monday morning in a filing with the SEC that it is looking to raise up to $100M in an offering underwritten by Morgan Stanley, JP Morgan, Deutsche Bank Securities, Robert W. Baird & Co., RBC Capital Markets, ThinkEquity, JMP Securities, and Signal Hill. The firm did not say which exchange it intends to list on. Fortinet is a developer of firewalls, VPNs, antispam, WAN acceleration, and other products. According to the filing, the firm earned $4.9M on revenues of $221.8M in fiscal 2008.
posted on Monday, August 10, 2009
Related companies:
Fortinet
Related stories:
> Fortinet IPO Opens At $17.00 Per Share
> Fortinet Buys Meru Networks
> Fortinet Buys Assets Of Woven Systems
> Fortinet Buys Assets Of IPLocks
> Adobe, Yahoo Add Advertising To PDF Files
silicontap.com Home