Fast-growing Dell Technologies-backed Pivotal Software, which is grabbing share in the cloud platform-as-a-service applications market, filed for an initial public offering with the Securities and Exchange Commission on Friday.
Pivotal posted a net loss of $163 million on a 23 percent increase in sales of $509 million for its fiscal year 2018, ending Feb. 2, 2018. The company did not provide an initial price per share in its S-1 filing.
— Read on www.crn.com/news/data-center/300101111/pivotal-software-files-for-ipo-dell-to-maintain-controlling-interest.htm
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