Talend S.A (TLND) IPO Opens Up 54%

Today's IPO for Talend S.A (NASDAQ: TLND) opened for trading at $27.66 after pricing 5,250,000 American Depositary Shares (ADSs), each representing one of its ordinary shares, at a price to the public of $18.00 per ADS.

Goldman, Sachs & Co., J.P. Morgan Securities LLC, Barclays Capital Inc. and Citigroup Global Markets Inc. will act as joint book-running managers for the proposed offering, and William Blair & Company, L.L.C. will act as co-manager.

Talend is a next generation leader in big data and cloud integration solutions that helps companies become data driven by making data more accessible, improving its quality and quickly moving data where it’s needed for real-time decision making. By simplifying big data through these steps, Talend enables companies to act with insight based on accurate, real-time information about their business, customers, and industry. Talend’s innovative open-source solutions quickly and efficiently collect, prepare and combine data from a wide variety of sources allowing companies to optimize it for virtually any aspect of their business. Talend (Nasdaq: TLND) is headquartered in Redwood City, CA.

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