Nutanix is a provider of converged infrastructure, basically a physical server containing both compute and storage driven by an Installed Hypervisor of choice, this server, called a node can be stacked allowing storage to be shared in a single storage pool. Nutanix was founded in 2009 and since then was funded for a total of more than 312 million dollar. The latest funding round was in September last year where Nutanix raised 140 million dollar. Besides Nutanix also SimpliVity and VMware with its EVO:RAIL solution provide similar solutions.
Despite the rumors of its acquisition by Cisco and other statements made this May, today the company kicked off the process of going public. The initial public offering should be of about $200 million in shares, traded on the NASDAQ Global Select Market under the symbol NTNX. Goldman Sachs, Morgan Stanley, JP Morgan, and Credit Suisse are the lead underwriters of the deal.
As mentioned before Nutanix has long been expected to go public, but an official date isn’t available yet, given that we are at the end of the year we expect it to happen during the first IPO window of 2016.