|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||21.18 - 22.45|
|52 Week Range||15.22 - 23.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.14|
(Bloomberg) -- Dell Technologies Inc. is exploring a sale of RSA Security, a cybersecurity business it hopes could fetch at least $1 billion, including debt, according to people familiar with the matter.Discussions are at an early stage and there is no guarantee Dell will end up selling the asset, said the people, asking not to be identified because the matter is private.A representative for Dell declined to comment.RSA helps companies detect, investigate and respond to security risks as well as reduce intellectual property theft, fraud and cybercrime, according to Dell’s annual report. RSA, which says it has more than 30,000 customers, is perhaps best known for its software tokens, which generate random codes to enable access to corporate networks.Dell acquired the business via its 2016 takeover of EMC Corp., which had purchased RSA for about $2.1 billion in 2006.RSA has also had to deal with stiff competition in recent years from rivals including Okta Inc. and Ping Identity Holding Corp.Dell, one of the largest personal computer makers in the world, reported that sales rose 2% in the quarter ended Aug. 2 from a year earlier, as growth in corporate sales of desktops and laptops overcame weakness in its server and storage business.To contact the reporters on this story: Liana Baker in New York at firstname.lastname@example.org;Nico Grant in San Francisco at email@example.comTo contact the editors responsible for this story: Daniel Hauck at firstname.lastname@example.org, Matthew Monks, Michael HythaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Ping Identity (NYSE: PING), a pioneer in Intelligent Identity solutions, highlights the appointments of Yancey Spruill and Lisa Hook to its board of directors prior to its recent initial public offering.
Ping Identity (NYSE: PING), a pioneer in Intelligent Identity solutions, today announced that Intermountain Healthcare was named the winner of the “CEO’s Choice” category at the 2019 Identity Excellence Awards celebration that took place at the IDENTIFY conference in New York. Intermountain Healthcare is known for being an innovator in healthcare and a leader in providing a great patient experience. In a similar fashion, the company moved quickly to implement the Ping Intelligent IdentityTM platform, providing users with one login and profile for a significant number of modern and legacy applications and systems.
NewYork-Presbyterian and Focal Point, as well as Daimler AG and iC Consult, are Celebrated for Working Together to Embrace Identity Security in Unique and Meaningful Ways
Cybersecurity stock Ping Identity popped on its first earnings report as a public company. Ping is getting a boost as corporate America adopts "zero trust" measures to combat hackers.
(PING) stock (ticker: PING) jumped Thursday after the Denver-based identity management software company posted better-than-expected results for the third quarter, its first earnings report since going public in September. Ping posted third-quarter revenue of $61.8 million, up 45% year-over-year, and ahead of the Street consensus at $55 million. For the full year, the company is projecting $239.3 million to $241.3 million in revenue, ahead of the previous consensus at $231.3 million.
Ping Identity , a pioneer in Intelligent Identity, today announced that it will present and host meetings at the following investor conferences. Details for each event
DENVER-- -- ARR was $206.7 million, up 23% from the prior year period Third quarter total revenue was $61.8 million, of which 93% was subscription revenue Company raised $187.5 million in Initial Public Offering Ping Identity Holding Corp. , a pioneer in Intelligent Identity, today announced its financial results for the quarter ended September 30, 2019. “Our strong third quarter results were driven ...
Ping Identity (NYSE: PING), a pioneer in Intelligent Identity, today announced that the Ping Intelligent IdentityTM platform provides the identity verification solution for the State of Colorado’s official mobile applicationTM, myColoradoTM, which contains the new Colorado Digital IDTM. The Digital ID enables Coloradans to display a digital version of their driver license on their smartphones for proof of identification, age and address within Colorado. With a focus on securing the data of Colorado residents and providing innovative solutions that simplify their lives, the State of Colorado selected Ping Identity to provide seamless registration, multi-factor authentication and image verification for the state in conjunction with ID DataWeb and ProofID, Ping Identity’s Channel Delivery Partner of the Year.
Company Experiences 65% Cost Reduction with Deployment of Ping Intelligent Identity Platform
Ping Identity , a pioneer in Intelligent Identity, today announced that it will release financial results for its fiscal year 2019 third quarter, ended September 30, 2019, after the U.S.
The results expose how today’s environment—ripe with data misuse and large-scale security breaches—is impacting consumer behavior and relationships with service providers around the world. Data security is a legitimate worry for today’s consumers around the world. Approximately one half (49%) of respondents report that they are more concerned about protecting their personal information than they were one year ago.
Ping Identity , a pioneer in Intelligent Identity, today announced an expansion of its Northern European operation with the opening of a new office in Utrecht, Netherlands.
Ping Identity (NYSE: PING), a pioneer in Intelligent Identity, today announced that Denver Rescue Mission has selected the Ping Intelligent IdentityTM platform to help provide quality security and service to its staff and program participants. The solution will help Denver Rescue Mission address its increased need for remote access to critical applications, while also helping it achieve hybrid cloud security goals. Denver Rescue Mission has a strategic cybersecurity initiative intended to help ensure better, faster and safer systems.
PingCentral's Self-Service Delegated Administration, Central Monitoring and Lifecycle Management Reduce IT Costs
It’s not the sexiest tech IPO in a year of A-list names, but shares of Ping Identity Holding Corp. are up sharply, pushing the software company past $1 billion in market value.
Ping Identity Holding Corp. priced its initial public offering at $15 a share Wednesday evening, valuing the software company at more than $1 billion. Ping said it planned to sell at least 12.5 million shares at that price to raise at least $187.5 million at an initial valuation of about $1.16 billion. Vista Equity Partners acquired Ping in 2016 for an undisclosed sum, though The Information reported that Vista paid $600 million for the company. Vista will retain control of the company, holding more than 80% of the shares after the IPO. Underwriters - led by Goldman Sachs, BofA Merrill Lynch, RBC Capital Markets and Citigroup - have access to an additional 1.88 million shares that could drive the totals higher. Ping Identity is expected to begin trading Friday morning on the New York Stock Exchange under the ticker symbol PING.
An identity management software provider is part of the IPO slate for the week. Denver, Colorado-based Ping Identity Holding Corp is planning to raise about $185 million through an IPO by offering 12.5 million shares at an estimated price range of $14-$15 per share, according to the S-1/A registration statement.