Network Computing is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IPO Talk Strikes Voltaire

Could Voltaire be the next storage vendor to go public? Rumors are circulating that the InfiniBand specialist is laying the foundations for an IPO later this year.

Voltaire has already chosen the underwriters for a Nasdaq offering, according to Israeli technology Website Globes, with Merrill Lynch and JP Morgan the lead managers and RBC and Thomas Weisel as co-managers.

The vendor, which is based in Billerica, Mass., and Herzeliya, Israel, will reportedly raise $100 million in a third-quarter IPO, at a company value of between $350 million and $450 million.

The last few months have certainly been busy for Voltaire, which is looking to expand its international operations and recently announced a 10-Gbit/s Ethernet line card for its Grid Director switches. (See Voltaire Expands Global Presence, Voltaire Opens China Office, Voltaire Expands to NY, Japan, Voltaire Opens in Germany, InfiniBand Vendors Embrace 10-GigE, and Voltaire Readies Switches.)

The vendor also sells virtualization software that serves as a framework for connecting InfiniBand, Ethernet, and Fibre Channel devices, as well as Linux-based software for provisioning servers and networking gear. (See Cisco Topspins Into Virtualization, Voltaire Envisions Mondo-Provisioning, and Voltaire Simplifies Provisioning.)

  • 1