Cisco competitor Arista Networks has reportedly selected banks to lead a proposed initial public offering for next year, according to Reuters.
Morgan Stanley, Citigroup and Credit Suisse will lead the offering that is at an early stage of planning. Arista is a maker of switches that competes with networking giant Cisco.
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Negar Salek is the digital editor for AFR.com. Based in our Sydney newsroom, Negar has over 15 years experience as a journalist and web editor. She writes breaking news and specialises in technology companies. Connect with Negar on Twitter. Email Negar at nsalek@afr.com.au