Security solutions manufacturer ZScaler is preparing to enter the exchange. This became known to the agency "Reuters" from people who are familiar with the situation.
According to them, the management of Zscaler is negotiating with investment banks about their possible participation as underwriters in the framework of the planned initial public offering of shares. The company can estimate about 2 billion dollars.
The publication writes that Zscaler can decide on IPO partner banks in the coming weeks and enter the stock exchange by the end of the year.
Zscaler offers a cloud service to protect Internet traffic.
More than 3,500 global corporations use Zscaler, as it allows to simplify IT administration, consolidate a range of point products and use cloud applications, social networks and mobile devices without compromising corporate security, according to the manufacturer's website..
In 2015, Zscaler attracted 110 million dollars of investment and was estimated at more than $ 1 billion. If the company places its shares on the exchange, then this IPO in recent years will be one of the few on the market for cyber security technologies,.