Blog: Shawn Rogers

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Netezza IPO

Several weeks back (7/19) the executive team at Netezza rang the bell to open the stock market and watched as their IPO of 9,000,000 shares of common stock hit the market. See stock symbol "NZ" for greater details. The stock opened at $12.00 at launch and closed Friday at $14.43 down a bit from its high of $18.40 but considering the volatile market this past week or two Netezza is performing quite well. Stocks aside I'm excited to see the appliance sector taking another huge step forward. It's clear with the IPO of Netezza that this solution space is moving quickly in the right direction. It makes me curious about what will happen in this space over the next year. I expect that we'll see some consolidation and I know that we will see new players enter the market.

If you want more information on the appliance sector download the study "Data Warehouse Appliances: Evolution or Revolution?" by Colin White and Richard Hackathorn just completed here at the Network.

Congratulations Netezza!

Tag: Netezza, Data Warehouse Appliance, Business Intelligence,

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