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Home » Gigamon Rockets Ahead in IPO – Up 50% on Opening Day

Gigamon Rockets Ahead in IPO – Up 50% on Opening Day

June 12, 2013
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On the first day of public trading, shares of Gigamon (NYSE: GIMO) rose 50% to close at $28.47.  The company offered 6,750,000 shares of its common stock at a price to the public of $19.00 per share.

Gigamon provides intelligent Traffic Visibility Networking solutions for enterprises, data centers and service providers.  The company is based in Milpitas, California.

http://www.gigamon.com

In April, Gigamon outlined its vision for software-defined monitoring based on a four-layer architecture: a Services Layer, a Management Layer, an Orchestration Layer and an Applications Layer.

Gigamon said its strategy is to develop a unified Visibility Fabric architecture that would ultimately deliver orchestrated visibility across physical, virtual and software-defined networks (SDN). This will build on Gigamon’s existing architecture and the principles of SDN to provide a centralized, programmable approach that aims to bridge the gap between the raw data passing through the network and optimally presenting that data to the tools that monitor, manage, secure and ensure application and network performance.

  • The Services Layer currently provides advanced Flow Mapping® and intelligent packet optimization and normalization using GigaSMART technology across physical and virtual worlds and, and Gigamon expects to expand this layer to include software defined data networks with the GigaVUE-CV application which is currently being developed as a proof of concept.
  • The Management Layer consists of the GigaVUE-FM (Fabric Manager) which provides centralized management and a common policy framework for multi-department and multi-tenant traffic monitoring and manipulation policies across the Visibility Fabric architecture.
  • The Orchestration Layer will be developed by Gigamon to provide an open environment through a set of forthcoming APIs and SDKs to enable third party development of applications.  
  • The Applications Layer will consist of a set of visibility applications to be developed by Gigamon, as well as through independent software vendors to deliver optimal tool utilization and performance.
Tags: Blueprint columnsGigamonIPOSilicon ValleyTest
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