Wednesday, June 12, 2013 12:23:21 AM
MILPITAS, Calif., June 11, 2013 /PRNewswire/ -- Gigamon Inc. (NYSE: GIMO), a leading provider of network traffic visibility solutions, announced today the pricing of its initial public offering of 6,750,000 shares of its common stock at a price to the public of $19.00 per share. Gigamon is offering 4,500,000 shares and certain selling stockholders are offering 2,250,000 shares. Gigamon will not receive any of the proceeds from the sale of the shares being sold by the selling stockholders. In addition, Gigamon has granted the underwriters a 30-day option to purchase up to 1,012,500 additional shares of common stock from Gigamon. The shares are expected to begin trading on the New York Stock Exchange on June 12, 2013, under the symbol "GIMO."
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