Pivotal Software (PVTL), a subsidiary of Dell Technologies (DVMT), priced shares at 15 in its initial public offering Friday.
The stock is expected to begin trading later in the day, in what is expected to be one of the biggest IPOs out of Silicon Valley this year.
San Francisco-based Pivotal plans to raise $555 million in the IPO. The enterprise software company in a regulatory filing had stated plans to price its shares at 14 to 16.
Pivotal provides a cloud-based service that helps...