Featured Articles

Intel takes credit for three-way 4K gaming

Intel takes credit for three-way 4K gaming

All of a sudden Intel is talking about desktop gaming like there is no tomorrow and it is pushing it. The…

More...
Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia has finally revealed the shipping date of its Shield Tablet 32GB in 4G LTE flavour and in case you pre-order…

More...
Apple announces its Apple Watch

Apple announces its Apple Watch

Apple has finally unveiled its eagerly awaited smartwatch and surprisingly it has dropped the "i" from the brand, calling it simply…

More...
Skylake 14nm announced

Skylake 14nm announced

Kirk B. Skaugen, Senior Vice President General Manager, PC Client Group has showcased Skylake, Intel’s second generation 14nm architecture.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 13 November 2013 13:13

Cisco kicker heads for IPO

Written by Nick Farrell



Arista goes public next year

Arista Networks, which has been shaping up as rival to Cisco has selected banks to lead a proposed initial public offering for next year, according to people familiar with the matter.

Morgan Stanley, Citigroup and Credit Suisse Group will lead the offering that is at an early stage of planning. It is expected that the network switch maker could have a valuation of around $2.5 billion. Arista's 2013 revenue is likely to exceed $300 million.

Arista was started in 2004 by German-born Andy Bechtolsheim and Canadian native David Cheriton, a University of Stanford computer science professor, with $100 million in funding. Its first products were used in high frequency trading, in 2008. It has also gained traction with new uses for its products such as cloud computing, big data and software defined networking.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments