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Arista Networks Files for IPO

Andy Bechotolsheim

Andy Bechtolsheim

Arista Networks filed for an initial public offering today. Founded by Andy Bechtolsheim, Arista builds switches that handle traffic at large internet data centers for companies including Facebook Inc, Yahoo Inc, Comcast Corp and Citigroup Inc. The company said it would raise $200 million from the offering, but the final size of the IPO could vary.

Arista is the brainchild of Andy Bechtolsheim, Kenneth Duda and David Cheriton. Think of Bechtolsheim as the Quincy Jones of Silicon Valley — he has produced more hits than anyone else. When at Stanford, he helped design a workstation with built-in networking. That led to him co-founding Sun Microsystems.

Arista said it would list its shares on the New York Stock Exchange under the symbol “ANET”. It did not reveal how many shares it planned to sell or their expected price.

Read a Full Profile of Arista by GigaOm’s Om Malik.

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