Silver Spring Networks files for proposed IPO

Silver Spring Networks has filed with the Securities and Exchange Commission for a proposed initial public offering. The number of shares to be offered and the price range for the offering have not yet been determined.

The Form S1 statement

Silver Spring Networks provides a networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid.

Morgan Stanley & Co. LLC, Goldman, Sachs & Co., and Credit Suisse Securities (USA) LLC are acting as joint book-running managers for the offering, and Jefferies & Company, Inc., Piper Jaffray & Co., Stifel, Nicolaus & Company, Incorporated,  Robert W. Baird & Co., Canaccord Genuity Inc., Evercore Group L.L.C., and Pacific Crest Securities LLC are acting as co-managers.

USA, Redwood City, CA

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