Silver Spring Networks Celebrates Initial Public Offering and First Day of Trading on the New York Stock Exchange
March 13 2013 - 11:18AM
Business Wire
Silver Spring Networks, a leading networking platform and
solutions provider for smart energy networks, opened for trading
today on the New York Stock Exchange (NYSE) under the ticker symbol
“SSNI” after its initial public offering. Chairman,
President and CEO Scott Lang, joined by members of the Silver
Spring Networks team, celebrated the company’s first day of trading
by visiting the NYSE trading floor for the stock opening and by
ringing The Opening BellSM.
Silver Spring Network Chairman, President
& CEO Scott Lang, joined by members of Silver Spring management
team, rings the NYSE Opening Bell to celebrate the company's IPO
and first day of trading on the NYSE. (NYSE Euronext photo)
“Today we would like to thank our employees, our customers, our
partners and our investors who have worked extremely hard to get to
this significant milestone, but this really is just the beginning,”
said Scott Lang, Chairman, President and CEO of Silver Spring
Networks. “We look forward to continued partnership with our
utility customers to modernize their power grid to enable greater
energy efficiency, improved grid reliability and increased consumer
empowerment. Today, we have the privilege of joining the growing
number of technology industry pioneers listed on the NYSE.”
"We are delighted to welcome Silver Spring Networks to the
NYSE’s listed company community," said Duncan Niederauer, CEO of
NYSE Euronext (NYX). “Silver Spring Networks is a leader in
providing innovative networking solutions that enable utilities to
modernize their power grid with technology and to best serve its
customers. We look forward to a long-standing partnership with the
company and its shareholders.”
For more information on NYSE Euronext’s Listings business and to
learn about trends in the IPO market, please visit the NYSE
Euronext IPO Center.
About Silver Spring Networks (NYSE: SSNI)
Silver Spring Networks is a leading networking
platform and solutions provider for smart energy networks. Our
pioneering IPv6 networking platform, with 15.8 million Silver
Spring enabled devices delivered, is connecting utilities to homes
and business throughout the world with the goal of achieving
greater energy efficiency for the planet. Silver Spring’s
innovative solutions enable utilities to gain
operational efficiencies, improve grid reliability, and
empower consumers to monitor and manage energy consumption. Silver
Spring Networks is used by major utilities around the globe
including Baltimore Gas & Electric, CitiPower &
Powercor, Commonwealth Edison, CPS Energy, Florida Power &
Light, Jemena Electricity Networks Limited, Pacific Gas &
Electric, Pepco Holdings, Inc., and Progress Energy, among others.
For more information please
visit www.silverspringnet.com.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial
markets and provider of innovative trading technologies. The
company's exchanges in Europe and the United States trade equities,
futures, options, fixed-income and exchange-traded products. With
approximately 8,000 listed issues (excluding European Structured
Products), NYSE Euronext's equities markets - the New York Stock
Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca -
represent one-third of the world’s equities trading, the most
liquidity of any global exchange group. NYSE Euronext also operates
NYSE Liffe, one of the leading European derivatives businesses and
the world's second-largest derivatives business by value of
trading. The company offers comprehensive commercial technology,
connectivity and market data products and services through NYSE
Technologies. NYSE Euronext is in the S&P 500 index. For more
information, please visit: http://www.nyx.com.
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