Feeds

Nimble took a sueball to the knee, still rates itself with $1.2bn valuation

Numbers flesh grafted onto IPO bones

Intelligent flash storage arrays

Hybrid array hypergrowth startup Nimble Storage, currently facing a lawsuit from rival NetApp, has put numerical flesh on its IPO bones and says it wants to raise $166m.

Nimble made an amended IPO filing, saying it was registering 9.2 million shares priced from $16.00 to $18.00 each – with a maximum offering price of $165.6M.

Barron's reports that this implies a valuation of $1.2bn at the $17.00 share price mid-point.

Nimble is currently being sued by NetApp for allegedly poaching its staff and allegedly using confidential NetApp information. Nimble has yet to file a response to NetApp's lawsuit but has said it intends to defend itself vigorously. It has until 20 December to respond. ®

Top 5 reasons to deploy VMware with Tegile

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
How to simplify SSL certificate management
Simple steps to take control of SSL certificates across the enterprise, and recommendations centralizing certificate management throughout their lifecycle.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.