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Mutant array upstart Nimble Storage slips IPO forms into SEC’s postbox

Chris Mellor writing for The Register – Data Centre: Storage comments:

Tech firm which sells products – not customers – preps for float

Mighty mutant flash/disk array startup Nimble Storage has filed a preliminary form with the SEC announcing its intention to proceed with an IPO. The number of shares for sale and the price range haven’t been decided yet — it hasn’t even picked a date.

Storage IPOs are the hot new thing. I think Nimble will make out better than the rest. Because it’s a company that sells storage. Not a storage company learning how to sell things. One model makes money. The other looks for an exit strategy.

Read more at: Mutant array upstart Nimble Storage slips IPO forms into SEC’s postbox

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Tom Hollingsworth

Tom Hollingsworth is a networking professional, blogger, and speaker on advanced technology topics. He is also an organizer for networking and wireless for Tech Field Day.  His blog can be found at https://networkingnerd.net/

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