Switch, which provides colocation services through three data center campuses, raised $531 million by offering 31.25 million shares at $17, above the range of $14 to $16. It is the largest IPO in the technology sector since Snap (SNAP) raised $3.4 billion in March. Switch plans to list on the NYSE under the symbol SWCH. Goldman Sachs, J.P. Morgan, BMO Capital Markets, Wells Fargo Securities, Citi, Credit Suisse and Jefferies acted as lead managers on the deal.
