Alkami announces IPO, SoftBank investing big in AutoStore
Fintech company Alkami has announced its intention to go public. The company expects to raise 150 million dollars. In other financial news, SoftBank has bought a 40 percent stake in robotics company AutoStore.
Alkami expects its shares to be worth between 22 and 25 dollars each. This corresponds...
RPA vendor UiPath files for IPO
Robotic Process Automation (RPA) provider UiPath has filed for IPO. The company experienced strong growth during the corona pandemic and is expected to make a lot of money when it goes public.
What kind of market value UiPath has in mind is not known. In the registration form, the company mentio...
Market cap Qualtrics skyrockets after IPO
Qualtrics’ shares have jumped more than 45% in its trading debut after the company sold 51.7 million shares on Thursday night in an initial public offering. It managed to raise more than $1.5 billion.
The shares were priced at $30 per share. Listed under the ticker symbol XM, the company share...
WeTransfer in talks with banks as it eyes IPO
File-sharing giant will most likely seek a listing on the Amsterdam exchange.
Dutch file sharing giant WeTransfer is in talks about a stock exchange listing, according to Sky News. The British broadcaster also says that Amsterdam is the likely destination.
The company is based in the Netherla...
SAP daughter company Qualtrics enters stock market
Qualtrics International, a company focused on developing survey software, has filed for an initial public offering. Qualtrics is a subsidiary of software company SAP.
Reuters expects the company to offer up to 100 million dollars in shares. This is approximately 82 million euros. SAP bought the ...
UiPath expects to go public in the first half of 2021
UiPath is a rapidly growing robotic process automation (RPA) company that is eyeing Wall Street. The company filed confidential paperwork for an IPO that will likely come to fruition in the first half of next year. Bloomberg broke the story and even though an official price has not been set, the pu...
Rumour: Databricks going public next year
Data-analysis company Databricks appears to be planning to make its stock market debut next year. This is according to anonymous sources.
According to the anonymous sources, that have spoken to Bloomberg, the discussions are still at an early stage. The company is said to have already spoken to ...
Snowflake is potentially going to hit $30 billion in its upcoming IPO
Snowflake boosted its target price range for its forthcoming initial public offering by 30%. In an updated S-1 filing, the cloud data warehouse startup says that they look forward to selling their shares for $100 to $110 per share.
The update brings up the target from an initial target of $75 t...
Snowflake leads a list of high-profile tech companies in filing IPOs
A list of high-profile software companies filed to go public on Monday. They include big names like Snowflake, Asana, Unity Software, JFrog, and Sumo Logic. This selection of Bay Area software companies with multi-billion-dollar valuations, all rushed in a move signifying to the markets that they a...
SAP is planning to partially spinoff Qualtrics in an IPO
Qualtrics, which was acquired two years ago by SAP for $8 billion, will be spun off in an Initial Public Offering. When announcing the spinoff on July 26, SAP said that the objective of the IPO is to help Qualtrics gain market potential in the experience management niche.
It is a move that will ...
‘RPA startup UiPath valued at 10.2 billion dollars after new funding’
RPA-startup UiPath raised 225 million dollars (192 million euros) in a funding round led by Alkeon Capital. This valued the RPA specialist at 10.2 billion dollars (8.7 billion euros).
According to UiPath-CEO, Daniel Dines, the new funding will be used to scale UiPath's platform and expand the co...
Rackspace officially applied for an IPO
Rackspace has officially applied for an IPO. It will be the second time the company will be listed on the stock exchange after Rackspace left in 2016 following a 4.3 billion deal dollar with venture capitalist Apollo Global Management.
Rackspace has not disclosed the size of its equity portfolio...