U.S. Markets open in 1 hr 43 mins

Pivotal Software Marks IPO and First Day of Trading on New York Stock Exchange

Pivotal Software (NYSE: PVTL) CEO Rob Mee poses in front of the NYSE on the company's IPO day. (Photo: NYSE) Multimedia Gallery URL


Pivotal Software, Inc. (PVTL) opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “PVTL” following its initial public offering. Pivotal Software has a leading cloud-native platform, which accelerates and streamlines software development and modernizes legacy applications.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180420005639/en/

Pivotal Software Chief Executive Officer Rob Mee, joined by members of the company’s senior executive team and board of directors, rang the NYSE Opening Bell®, followed by a visit to the DMM location on the Trading Floor to observe the price discovery process. The process culminated with the ringing of the First Trade Bell by Mr. Mee, which signified the opening of the stock.

“Since Pivotal’s founding, we’ve worked toward an ambitious mission—to transform how the world builds software—and we’ve now passed an important milestone in our journey,” said Rob Mee, CEO of Pivotal. “Getting here has been both exciting and challenging, and we couldn’t have done it without our customers, our partners, and our Pivots.”

“We’re pleased to welcome Pivotal Software to the NYSE’s community of technology leaders,” said Tom Farley, President, NYSE. “Pivotal Software is transforming the way businesses across industries develop and maintain their software through its innovative platform, tools and methodology. We congratulate the Pivotal Software team on its IPO, and we are proud to mark this exciting new chapter for the company and its shareholders.”

The NYSE is home to many of the world’s most iconic brands, technology innovators and emerging growth companies shaping today’s global economic landscape. For more information on listing on the New York Stock Exchange, visit https://www.nyse.com/list.

About Pivotal Software, Inc.
Founded in 2013, Pivotal Software, Inc., combines our leading cloud-native platform, tools, and methodology to empower the world’s largest organizations to adapt to change and build great software. Our technology unleashes developer productivity, while fulfilling our mission to transform how the world builds software.

About NYSE Group
NYSE Group is a subsidiary of Intercontinental Exchange (ICE), a leading operator of global exchanges and clearing houses, and a provider of data and listings services. NYSE Group includes exchanges, market data and connectivity services. The equity exchanges -- the New York Stock Exchange, NYSE American and NYSE Arca -- trade more U.S. equity volume than any other exchange group. NYSE is the premier global venue for capital raising, leading worldwide in IPOs, including technology IPOs. NYSE Arca Options and NYSE Amex Options are leading equity options exchanges. To learn more, visit www.nyse.com/index.

About Intercontinental Exchange
Intercontinental Exchange (ICE) is a Fortune 500 and Fortune Future 50 company formed in the year 2000 to modernize markets. ICE serves customers by operating the exchanges, clearing houses and information services they rely upon to invest, trade and manage risk across global financial and commodity markets. A leader in market data, ICE Data Services serves the information and connectivity needs across virtually all asset classes. As the parent company of the New York Stock Exchange, the company raises more capital than any other exchange in the world, driving economic growth and transforming markets.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at http://www.intercontinentalexchange.com/terms-of-use. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2017, as filed with the SEC on February 7, 2018.

SOURCE: Intercontinental Exchange


View source version on businesswire.com: https://www.businesswire.com/news/home/20180420005639/en/

MULTIMEDIA AVAILABLE:https://www.businesswire.com/news/home/20180420005639/en/