Arista Networks Announces Pricing of IPO
On June 5, 2014, Arista Networks announced the pricing of its initial public offering of 5,250,000 shares of its common stock at a price to the public of $43.00 per share. In addition, Arista has granted the underwriters a 30-day option to purchase up to 787,500 additional shares of common stock at the initial public offering price to cover over-allotments, if any.
Wilson Sonsini Goodrich & Rosati is advising Arista Networks in the offering. The team includes chairman Larry Sonsini, partners Raj Judge and Mark Baudler, and associates Andrew Hoffman, Kyle Chin, and Kat Ferris.
To learn more, please see Arista's press release.