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jedberg
3014 days ago
Interesting. I wonder if it is coincidence, or if they timed this to ride on the Dropbox IPO.
2 comments
brendino
3014 days ago
It's related to the Dell - VMWare reverse merger. They have to raise cash to fund the merger.
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jedberg
3014 days ago
That makes sense. I didn't put that together.
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goatherders
3014 days ago
Seriously? Dell owns 50% of Pivotal with the rest owned by companies like General Electric and Microsoft. The valuation is $3B. They aren't coattailing anything - it's an actual business with actual customers and actual value.
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jedberg
3014 days ago
I know it's an actual business. I wasn't suggesting it wasn't.
But even actual businesses can get a nice boost by filing along with a successful related IPO.
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what_ever
3014 days ago
I don't think the decision could be made that quickly. IPOs are usually in work for months if not years.
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newfoundglory
3014 days ago
Pivotal has been talking about an IPO for years, yes - but the exact announcement timing could perhaps be adjusted in reaction to other events.
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