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10 Things You Need To Know About Pivotal's IPO

Here are ten things you need to know about Pivotal's plans for an IPO, including risk factors, Dell's controlling interest and financial results.

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Pivotal's IPO

The cloud Platform-as-a-Service provider Pivotal software, in which Dell Technologies owns a majority stake, filed for an initial public offering Friday with the Securities and Exchange Commission.

The enterprise cloud computing vendor was founded in 2013, beginning as a spinoff of VMware and EMC. "Pivotal is aimed at taking advantage of the ever-growing cloud opportunities whether they be hybrid, on-premises or native public cloud," said Bob Venero, CEO of Holbrook, N.Y.-based solution provider Future Tech, a Dell EMC Titanium partner. "The majority of the Fortune 500 are utilizing Pivotal to build cloud applications in some fashion."

Here are 10 things you need to know about Pivotal's IPO, based on its S-1 filing with the SEC.

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