Whirly lollipop on orange background.

Nimble Storage (NMBL) is expected to price this week and has raised the proposed range up from $16-$18 to $18-$20. This Goldman Sachs/Morgan Stanley deal is hot and would debut at $1.4B at the new mid-point or about 10x sales. Based on prior deals this one will probably reach 2x+ the IPO price in the aftermarket.

After watching FLASH storage companies like Violin Memory (VMEM), STEC (STEC) and Fusion-io (FIO) fail investors are still looking for a company with the “secret sauce” to play new innovations in storage and the Nimble software solution might . . .

Want the rest of the article?

Please login or join us as a member to view our complete content!