back to article Dell software limb Pivotal's IPO hopes: $592 million

Dell's cloudy native software production house Pivotal expects its initial public offering to raise up to $592m. This is far more than the initial $100m reported in March. It's offering a total of 42.6 million Class A shares (including an over-allotment option for underwriters) priced between $14 and $16 each. According to …

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    Pivotal investors

    Did you mean to leave out Microsoft? They've ponied up a few hundred million dollars into Pivotal as well. Paul Maritz used to be #3 at MSFT before he became VMware's CEO, then Pivotal's.

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