Reuters - Workday Prices IPO at $28/Share

Cloud-based human resources software company Workday Inc. priced its initial public offering at $28 a share on Thursday, above its expected range, an underwriter said. The company raised $637 million by pricing 22.75 million Class A shares, making it the largest tech IPO since Facebook . The company's venture backers, Greylock Partners and New Enterprise Associates, are not selling any shares in the offering, Reuters wrote.

12 October 2012•3 mins read
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