Press release from Business Wire
Gigamon Celebrates Initial Public Offering and First Day of Trading on the New York Stock Exchange
Wednesday, June 12, 2013
Gigamon Celebrates Initial Public Offering and First Day of Trading on the New York Stock Exchange11:58 EDT Wednesday, June 12, 2013
NEW YORK (Business Wire) -- Silicon Valley, Calif.-based Gigamon, a leading provider of intelligent Visibility Fabric™ architecture for enterprises, data centers and service providers around the globe, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “GIMO” after its initial public offering. Barclays is the Designated Market Maker (DMM) for the company's stock. Chief Executive Officer Paul Hooper, joined by members of the company's management team, celebrated the company's first day of trading by visiting the NYSE trading floor for the stock opening and by ringing The Opening Bell®.
Gigamon Chief Executive Officer Paul Hooper in the center of the trading crowd as the company's stock opens on the NYSE. (Source: NYSE Euronext Photo)
“We are delighted to welcome Gigamon to the NYSE's growing community of innovative technology companies,” said Scott Cutler, Executive Vice President, Head of Global Listings, NYSE Euronext. “Gigamon has distinguished itself as a leader in providing intelligent network traffic visibility products and solutions on a global scale. We congratulate Gigamon on its IPO and look forward to a long-standing partnership with the company and its shareholders.”
“This marks another major milestone in the continued evolution and growth of the Gigamon organization,” said Paul Hooper, CEO of Gigamon. “As virtualization, cloud computing, mobility, big data and the emergence of software defined networking reshape the way our customers' businesses operate, our mission at Gigamon remains the same. We are focused on extending the scale, capability and value of our intelligent Visibility Fabric™ to enable the management of their increasingly complex networks. We look ahead to the next exciting evolution in our Traffic Visibility portfolio and delivering pervasive and dynamic intelligent visibility for our customers.”
For more information on NYSE Euronext's listings business and to learn about trends in the IPO market, please visit the NYSE Euronext IPO Center.
About Gigamon (NYSE: GIMO)
Gigamon provides an intelligent Visibility Fabric™ architecture for enterprises, data centers and service providers around the globe. Our technology empowers infrastructure architects, managers and operators with pervasive and dynamic intelligent visibility of traffic across both physical and virtual environments without affecting the performance or stability of the production network. Through patented technologies and centralized management, the Gigamon GigaVUE portfolio of high availability and high-density products intelligently delivers the appropriate network traffic to management, analysis, compliance, and security tools. With over eight years' experience designing and building traffic visibility products in the US, Gigamon solutions are deployed globally across vertical markets including over half of the Fortune 100 and many government and federal agencies. www.gigamon.com (Source: Gigamon)
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit: http://www.nyx.com.
Annmarie Gioia, 212-656-5437