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ServiceNow IPO Pricing Expected Thursday

socalTECH

San Diego-based ServiceNow , the developer of software-as-a-service for enterprise IT management, is expected to price its IPO Thursday, as the first, technology-focused IPO since the Facebook debacle. The firm, which has set initial pricing range of its IPO at between $15.00 and $17.00 READ MORE>>.

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ServiceNow Sets IPO Pricing Range

socalTECH

San Diego-based ServiceNow has set the pricing range for its IPO, saying today that it anticipates an initial public offering price for the firm at between $15.00 and $17.00 ServiceNow, which is aiming to trade on the New York Stock Exchange AS NOW, provides software-as-a-service used for enterprise IT management.

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ServiceNow Prices IPO, To Hit Market Friday

socalTECH

San Diego-based ServiceNow priced its IPO on Thursday, at $18.00 per share, above its estimated initial offering range of $15.00 The firm is set to trade as NOW on the New York Stock Exchange on Friday. ServiceNow is venture backed by JMI Equity, Sequoia Capital, and Greylock Partners.

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ResMed To Add To Software Offerings With $750M MatrixCare Acquisition

Xconomy

San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday. The purchase price is 25 times MatrixCare’s pro forma 2018 earnings of about $30 million (without taking into account interest, taxes, depreciation or amortization) on anticipated net revenue of about $122 million.

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ServiceNow Files For Secondary IPO Offering

socalTECH

San Diego-based ServiceNow is looking to sell $300M in a secondary IPO offering, according to a filing made by the company Wednesday. ServiceNow went public in June, pricing at $18.00 The firm said it will not receive any proceeds from the sale by the selling stockholders. per share; the firm is now trading around $30.65

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Active Network Up Slightly In IPO

socalTECH

San Diego-based The Active Network , which debuted on the NYSE as ACTV this morning, was slightly up in morning trading, at around $15.83 The firm had priced at $15.00 per share last night. The firm had traded as high as $16.25 during morning trading, and as low as $14.75

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Active Network Sets IPO Trading Range

socalTECH

San Diego-based Active Network , the operator of online sports registration, team website, and related sports businesses, has set the trading range for its IPO. and $18.00 per share.

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