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Arista Networks prices IPO well above the range at $43

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Arista Networks, which sells switches and software solutions for next-generation enterprise data centers, raised $226 million by offering 5.3 million shares at $43, well above the range of $36 to $40. Arista Networks plans to list on the NYSE under the symbol ANET. Arista Networks initially filed confidentially on 1/31/2014. Morgan Stanley, Citi, BofA Merrill Lynch, Barclays, Credit Suisse, Deutsche Bank and RBC Capital 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 Nasdaq, Inc.


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

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