Nutanix to kick off its IPO extravaganza on ... go on, take a guess
Guessing Tuesday, September 6, the day before Dell-EMC deal completes
Nutanix, the darling of the hyper-converged infrastructure appliance industry, is, we're hearing, going to kick its IPO process into gear from September 6.
Closely following on from its acquisition of Calm.io and its gobbling of PernixData, the market-leading head HCIA honcho will start the ball rolling from September 6, with analyst and investor roadshows, further SEC filings, and finally a debut on the Nasdaq. It's also when everyone in the US gets back to work after the long Labor Day weekend.
If the September 6 date is true, the general timing looks good as the next IDC/Gartner HCI revenue/market position reports may well show a dramatic EMC leap to the top of the charts, fuelled by VxRail. EMC-ers we talk to are full of barely suppressed excitement at how well it's doing, and EMC's chief HCI cheerleader, converged systems president Chad Sakac, is motoring like a man possessed.
Though ... there is the small matter of Dell's XC box running Nutanix software, and a successful Nutanix IPO could lift sales of that product, pleasing Sakac no end. (Just teasing – he can take me out to the woodshed.)
This will be a closely watched IPO and industry wags, particularly from pre-IPO storage tech firms, will be hoping for a successful outcome.
We have heard this date from a source closish to the action and asked Nutanix to confirm it, though we're fully expecting the usual "no comment on rumour or speculation" line.
As you may recall, Nutanix formally declared its intention to go public way back in December. ®