Nasdaq Welcomes Apptio (Nasdaq: APTI) to The Nasdaq Stock Market
September 23 2016 - 03:22PM
Apptio, Inc., (Nasdaq:APTI), a leading provider of cloud-based
Technology Business Management (TBM) software, visited the Nasdaq
MarketSite in Times Square today in celebration of its initial
public offering (IPO) on The Nasdaq Stock Market.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/07b43f48-7045-4148-bd84-e3d9f3948b6f
Apptio is the CIO’s business management system. The company
builds advanced data and analytics applications for Technology
Business Management that help all IT leaders make informed
decisions about technology investments, capitalize on cloud
transformation and drive innovation within their organizations.
Apptio pioneered the TBM category and today, hundreds of global
10,000 organizations – including more than 40% of the Fortune 100 –
trust Apptio as their system of record for technology investments.
Investors in Apptio include Andreessen Horowitz, Greylock Partners,
Madrona Venture Group, Shasta Ventures and T. Rowe Price.
“Our goal is to empower our clients by helping them understand
the true cost of the cloud, optimize their technology spending and
effectively communicate IT's value to the business,” said Sunny
Gupta, Chief Executive Officer, Apptio. “Today’s listing on Nasdaq
further validates our commitment in providing IT leaders with the
most comprehensive solution to evaluate technology investments and
ultimately make better decisions to maximize efficiency and impact
their business’ bottom line.”
“Apptio is not only a leader in technology but also a trusted
partner for CIOs and IT professionals,” said Nelson Griggs,
Executive Vice President, Listing Services, Nasdaq. “We are
thrilled to welcome Apptio to the Nasdaq family – home to the
world’s most innovative companies, and look forward to supporting
the company as it continues to grow and transform the business of
IT.”
The information contained above is provided for informational
and educational purposes only, and nothing contained herein should
be construed as investment advice, either on behalf of a particular
security or an overall investment strategy. Information about the
company is provided by the company or comes from the company’s
public filings and is not independently verified by Nasdaq.
Neither Nasdaq nor any of its affiliates makes any recommendation
to buy or sell any security or any representation about the
financial condition of any company. Statements regarding
Nasdaq-listed companies are not guarantees of future performance.
Actual results may differ materially from those expressed or
implied. Past performance is not indicative of future results.
Investors should undertake their own due diligence and carefully
evaluate companies before investing. ADVICE FROM A SECURITIES
PROFESSIONAL IS STRONGLY ADVISED.
About NasdaqNasdaq (Nasdaq:NDAQ) is a leading
provider of trading, clearing, exchange technology, listing,
information and public company services across six continents.
Through its diverse portfolio of solutions, Nasdaq enables
customers to plan, optimize and execute their business vision with
confidence, using proven technologies that provide transparency and
insight for navigating today's global capital markets. As the
creator of the world's first electronic stock market, its
technology powers more than 70 marketplaces in 50 countries, and 1
in 10 of the world's securities transactions. Nasdaq is home to
more than 3,700 listed companies with a market value of
approximately $9.3 trillion and more than 17,000 corporate clients.
To learn more, visit: nasdaq.com/ambition or business.nasdaq.com
- NDAQG -
Media Relations Contacts:
Stephanie Lowenthal
(646) 441-5073
Stephanie.Lowenthal@nasdaq.com
Emily Pan
(646) 441-5120
emily.pan@nasdaq.com
Nasdaq (NASDAQ:NDAQ)
Historical Stock Chart
From Feb 2024 to Mar 2024
Nasdaq (NASDAQ:NDAQ)
Historical Stock Chart
From Mar 2023 to Mar 2024