Renaissance Capital logo

Infoblox prices IPO above the range at $16

April 19, 2012

Infoblox, which provides software-based appliances that automate network control for enterprises, raised $120 million on Thursday by offering 7.5 million shares (23% insider) at $16, above the original $12 to $14 range. The company will list on the NYSE under the symbol "BLOX". Morgan Stanley, Goldman Sachs and UBS acted as joint bookrunners on the deal.