Infoblox Surges on First Day of Trading After IPO – Bloomberg:
Infoblox Inc. (BLOX), a network and data- services provider, surged on its first day of trading after pricing its shares above the proposed range in an initial public offering. The shares, listed on the New York Stock Exchange under the symbol BLOX, climbed 33 percent to $21.30 at the close in New York. Santa Clara, California-based Infoblox raised $120 million in its IPO, selling 7.5 million shares at $16 apiece, the company said in a statement. Infoblox’s services allow companies to automate certain processes on their computer networks. It counts Barclays Plc, Wells Fargo & Co., Boeing Co. (BA), International Business Machines Corp. and the Federal Aviation Administration among its customers, according to a regulatory filing.
Well, hey, look at that. It looks like we went public, and they like us.
This is actually the second time I’ve been with a company when it went public. The last one was a small computer company that went public, did some things for a while, and then got bought by Oracle. You might have heard of them… it’s name was Sun Microsystems.
it’s been a fun ride the last few months; I expect it’s going to be a fun ride moving forward. Still not much to say about what I’m actually doing, but at least now we’re out of quiet time so the side effects of blogging aren’t quite so — complex. Busy time, in a really good way, but still out of public view…
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