Tag Archives: yhoo

IPO Stock Watch: Arista Networks Leads IPO Calendar

Arista Networks is the largest of three initial public offerings set to launch the week of June 2. Arista provides cloud-based switching technology that helps handle traffic at Internet data centers for companies like Yahoo (YHOO) and Facebook (FB). The Santa Clara, Calif.-based company plans to offer 5.3 million shares at 36 to 40 each, giving it a market cap near $2.6 billion. The IPO is expected to start trading June 6. Arista reported revenue

IPO Stock Watch: Arista Networks Sets IPO Price Terms

Arista Networks, which offers cloud-based switching technology that handles traffic at Internet data centers for companies like Facebook (FB) and Yahoo (YHOO), plans to raise $200 million in an IPO. In an updated regulatory filing, the Santa Clara, Calif.-based company said it plans to offer 5.3 million shares at 36 to 40 apiece, giving it a market cap near $2.6 billion. Arista says its 2013 revenue rose 87% to $361 million, with net income

Yahoo Said Aiming To Launch YouTube Rival

Yahoo (YHOO) aims to launch an online video rival to Google’s (GOOG) YouTube by late summer if final contract issues can be resolved with content creators, according to a report by Ad Age. Yahoo is talking with video producers and hopes to attract top talent with more generous revenue-sharing deals than YouTube, said the Ad Age report. “Talks with the video creator community have been ongoing since the beginning of the year. Yahoo is even