Enterprise software developer Informatica Inc on Friday filed for an initial public offering in the United States, paving the way for a return to the public markets more than six years after being taken private in a $5.3 billion deal.
taken private by
a consortium that included private equity firm Permira Advisers Ltd and Canada Pension Plan Investment Board . Informatica, which will list on the New York Stock Exchange, recorded a 1% jump in revenue to nearly $1.32 billion in 2020. Net loss last year narrowed to $168 million from $183 million a year earlier.Reporting by Niket Nishant in Bengaluru; Editing by Vinay DwivediSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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