Gigamon prices IPO at $19, midpoint of the range

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Gigamon, which provides data traffic management software based appliances, raised $128 million by offering 6.8 million shares (33% insider) at $19, the midpoint of the $18-$20 range. At its offer price, Gigamon commands a fully diluted market value of $612 million and an enterprise value of $532 million. Gigamon will list on the NYSE under the symbol GIMO. Goldman Sachs, BofA Merrill Lynch and Credit Suisse acted as joint bookrunners on the deal.

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This article appears in: News Headlines , IPOs


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