Security outfit Exclusive Networks claims it has had a successful IPO on the regulated market of Euronext Paris.
The company said the success of the offering reflects strong demand from leading French and international institutional investors.
Based on the offering price of 20 euro per share, the market capitalisation of Exclusive Networks would amount to approximately 1.8 billion euro.
Jesper Trolle, Chief Executive Officer of Exclusive Networks, said: “Cybersecurity has never been more relevant – to business leaders, state heads and consumers. Exclusive Networks has a mission to drive the transition to a totally trusted digital future.”
He said the company IPO was a natural step in Exclusive’s evolution enable the company to extend its international reach, expand its services and add value to our existing customer and vendor relationships.
“We will continue investing in our talented cybersecurity specialist teams, who are the key to our success. I would like to personally thank not just our people, but also the vendors and channel partners we work with every day”, Trolle said,
Exclusive Networks is a specialist in cybersecurity technologies.