Nasdaq Welcomes Zscaler, Inc. (Nasdaq: ZS) to the Nasdaq Stock Market
March 16 2018 - 1:44PM
Zscaler, Inc. (Nasdaq:ZS), a leader in cloud security, visited the
Nasdaq MarketSite in Times Square today in celebration of its
initial public offering of its common stock on The Nasdaq Stock
Market.
Zscaler was incorporated in 2007, during the early stages of
cloud adoption and enterprise mobility. With applications moving to
the cloud and users connecting on mobile devices, founder Jay
Chaudhry could see that security based on the corporate network
would become increasingly irrelevant as users no longer needed to
be on the network to get their jobs done. The Company pioneered a
security cloud that represents a fundamental shift in the
architectural design and approach to network security. The Zscaler
multi-tenant architecture is distributed across more than 100 data
centers globally, and the Company secures users in 185 countries.
Because Zscaler security is delivered as a service from the cloud,
it reduces the need for traditional security appliances, which are
expensive and difficult to maintain.
“In the cloud-first world, network security becomes increasingly
irrelevant,” said Jay Chaudhry, Founder and Chief Executive
Officer, Zscaler. “The goal is to securely connect the right user
to the right application on any public or private network; this
couldn’t be done with retrofitted legacy approaches, so we built a
global security platform from scratch, 100 percent in the cloud. We
are excited today to announce our listing on Nasdaq, an exchange
that embodies innovation, which will further our mission to help
organizations transform to the cloud so they can benefit from its
scale and agility, securely.”
“With rapid cloud adoption, traditional perimeter security
approaches are no longer sufficient. Zscaler enables organizations
to securely transform their networks and applications for cloud
enablement and the mobile workforce,” said Nelson Griggs,
President, Nasdaq Stock Exchange. “Zscaler redefines enterprise
security and we are excited to welcome the company to Nasdaq,
joining many of the world’s technology leaders.”
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. This
press release contains express and implied forward-looking
statements that involve risks and uncertainties, including
statements regarding the industry in which Zscaler operates and
Zscaler’s competitive differentiation. These forward-looking
statements are not historical facts and instead are based on
Zscaler’s current expectations, estimates, opinions, and beliefs.
Consequently, you should not rely on these forward-looking
statements. The accuracy of such forward-looking statements depends
upon future events and involves risks, uncertainties, and other
factors beyond Zscaler’s control that may cause these statements to
be inaccurate and cause its actual results, performance or
achievements to differ materially and adversely from those
anticipated or implied by such statements, and other risks
detailed in its filings with the SEC. Zscaler’s SEC filings
are available on the Investor Relations section of the company’s
website at [zscaler.com] and on the SEC's website
at www.sec.gov. These forward-looking statements speak only as
of the date of this press release and, except as required by law,
we assume no obligation to update forward-looking statements to
reflect actual results or subsequent events or circumstances.
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
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 ZscalerZscaler enables the world’s
leading organizations to securely transform their networks and
applications for a mobile and cloud-first world. Its flagship
services, Zscaler Internet Access and Zscaler Private Access,
create fast, secure connections between users and applications,
regardless of device, location, or network. Zscaler services are
100% cloud delivered and offer the simplicity, enhanced security,
and improved user experience that traditional appliances or hybrid
solutions are unable to match. Used in more than 185 countries,
Zscaler operates a massive, global cloud security platform that
protects thousands of enterprises and government agencies from
cyberattacks and data loss. Learn more at zscaler.com or follow us
on Twitter @zscaler.
Zscaler ™, SHIFT™, ZIA™, ZPA™, Direct-to-cloud™ and The internet
is the New Corporate Network™ are trademarks or registered
trademarks of Zscaler, Inc. in the United States and/or other
countries. All other trademarks are the property of their
respective owners.
About NasdaqNasdaq (Nasdaq:NDAQ) is a leading
global provider of trading, clearing, exchange technology, listing,
information and public company services. 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 90
marketplaces in 50 countries, and 1 in 10 of the world’s securities
transactions. Nasdaq is home to approximately 3,900 total listings
with a market value of approximately $13 trillion. To learn more,
visit: http://business.nasdaq.com
Media Relations Contact:Emily Pan(646)
441-5120 emily.pan@nasdaq.com
- NDAQG -
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/8099b6fe-e86c-4efd-a799-5e52b9508dea
http://www.globenewswire.com/NewsRoom/AttachmentNg/daa57c4e-be16-4492-81bb-4d019cc4f248
Nasdaq (NASDAQ:NDAQ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Nasdaq (NASDAQ:NDAQ)
Historical Stock Chart
From Apr 2023 to Apr 2024