Wallix

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Identification

ALLIX
Name: Wallix
Market: Euronext Growth Paris
Subsector: Software
Isin code: FR0010131409
Symbol: ALLIX

Operation

IPO Date: 16/06/2015
Issue type: Initial Public offering
Price range: EUR 9.00 - EUR 11.00

Company Profile

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News

Date Title
16 Jun 2015 Wallix Group lists on Alternext Paris expand

Raises €9.1 million, market capitalisation €40.9 million

Paris – 16 June  2015– EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for small and medium-sized companies (SMEs), todaycelebrated the listing of Wallix Group, a software company supplying cyber-security and governance solutions for access to information systems. Wallix Group listed on Alternext in Paris. 

Founded in 2003 by Jean-Noël de Galzain and Amaury Rosset, Wallix Group is a recognised expert in privileged account management. Privileged accounts are entry points for information systems and connected equipment that give internal or external users access to a private or public-sector entity’s computers, networks and other applications. Wallix delivers solutions to risks linked to the management and use of privileged accounts. Cyber-attacks on such accounts cost an estimated $445 billion a year worldwide.[1]

Wallix Group (ticker code: ALLIX) was listed through the admission to trading of the 3,897,180 shares making up its equity, including 862,500 new shares issued under a Global Offering.[2]

The admission and issue price of Wallix Group shares was set at €10.50 per share. Market capitalisation was €40.9 million on the day of listing, and the transaction raised a total of around €9.1 million.

Jean-Noël de Galzain, co-founder and CEOof Wallix Groupsaid:“We are proud and pleased with our very successful listing. Funds raise will enable us to deploy our growth strategy designed to make us a European leader in the latest generation cyber-security solutions and thus help build a safer, more sustainable digital world.”

Eric Forest, CEO of EnterNext said: “We are delighted to welcome Wallix Group to the community of issuers listed on Alternext in Paris. Funds raised on our markets will allow this iconic French tech business to step up its international development. Listing will also raise its profile with large clients and help it to continue recruiting top talent. We are convinced that listing will serve Wallix Group’s growth strategy.”



[1]Source: Center for Strategic and International Studies (CSIS), 2013estimate
[2]
The Global Offering was made up of a Public Offering that included an Open Price Public Offering and a Global Placement with institutional investors in France and other countries

 

16 Jun 2015 Wallix expand

EnterNext welcomes Wallix on Alternext in Paris

Jean-Noël de Galzain, CEO of Wallix, rings the opening bell.

Wallix specializes in publishing IT security software suites. The group offers traceability and control solutions for the management of privileged user accesses, guaranteeing the traceability of their sessions and ensuring legal and regulatory compliance. In addition, Wallix offers technical support and maintenance services.