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Nutanix prices upsized IPO at $16, above upwardly revised range

September 30, 2016
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Nutanix, a leading provider of hyperconverged IT infrastructure software and appliances, raised $238 million by offering 14.9 million shares at $16, above the range of $13 to $15. Nutanix plans to list on the Nasdaq under the symbol NTNX. Goldman Sachs, Morgan Stanley, J.P. Morgan and RBC Capital Markets acted as lead managers on the deal.