Security Firm Sophos To Raise $125M In UK IPO, Valuing It At $1.6B

 Sophos, the security company that makes antivirus software, firewall hardware and other products for networks, individual users and servers, is going public this morning on the London Stock Exchange, with Sophos Group plc to trade as “SOPH.” In its initial public offering, the company will sell 34.8% of its shares at 225 pence each (or 156,521,740 shares). It plans to raise… Read More