(WEB HOST INDUSTRY REVIEW) — Network infrastructure management provider Infoblox announced on Friday that it is looking to raise as much as $ 125 million in an initial public offering of stock.
Infoblox provides an appliance-based solution that is used in network automation and data centers. Its systems have been sold to more than 5,000 businesses and organizations including Adobe, Best Buy and IBM.
According to a report by Bloomberg, Infoblox did not specify the number or price of shares it will offer in the filing.
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