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.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

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