Cloud Storage Service Egnyte Hires Banks for IPO
That could value company at more than $3 billion
By Jean Jacques Maleval | March 1, 2024 at 2:01 pmTo read this article from Telecom.com, click on:
Cloud storage service Egnyte hires banks for IPO
Cloud storage service Egnyte has hired underwriters for an IPO in New York that could value it at more than $3 billion, according to people familiar with the matter. Egnyte has tapped JPMorgan Chase to lead its preparations for a stock market flotation that could come as early as this year, the sources said, cautioning the plans could change subject to market conditions.