Home / Science | Technology / Dropbox may be readying an IPO; likely to have confidentially filed for the move- Technology News, Firstpost

Dropbox may be readying an IPO; likely to have confidentially filed for the move- Technology News, Firstpost

Data-sharing industry Dropbox Inc has filed confidentially for a US preliminary public providing, a supply shut to the subject mentioned on 11 January.

Image credit: Dropbox

Image credit score: Dropbox

The IPO will be led by way of Goldman Sachs Group Inc and JPMorgan Chase & Co, Bloomberg reported previous, mentioning other people accustomed to the subject.

Reuters reported in June that the corporate, valued at nearly $10 billion in a personal fundraising spherical in 2014, was once searching for to rent underwriters for an IPO.

Dropbox is in talks with different banks to fill further roles on the IPO and is aiming to be indexed in the first part of 2018, the Bloomberg document mentioned.

Dropbox may no longer be right away reached for remark.

 

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