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Apple-Focused Enterprise Software Developer Jamf Files To Go Public

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Apple-Focused Enterprise Software Developer Jamf Files To Go Public

Jamf Holding Corporation on Tuesday filed for an initial public offering with the United States Securities and Exchange Commission.

The Minnesota-based company offers software to effectively manage multiple Apple Inc. (NASDAQ: AAPL) devices for enterprises.

The company said it could raise up to $100 million in the IPO, but didn't give further details on the pricing. According to a Bloomberg report in January, the company was seeking to be valued at $3 billion in the IPO.

Jamf was acquired by Vista Equity Partners in 2017.

The company counts International Business Machines Corp. (NYSE: IBM), SAP SE (NYSE: SAP), Geisinger Health System Obligated Group, and Apple itself as some of its customers, according to the filing. The company said it had 40,000 customers as of June 29.

Jamf last reported total sales of $60.4 million for the first quarter this year, with a net loss of 8.3 million.

 

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