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.
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