Software Vendor Imprivata Sets the Stage to Go Public
Imprivata Inc., a vendor of information technology user authentication and access management software serving several industries but with a big stake health care, is seriously considering going public.
Imprivata Inc., a vendor of information technology user authentication and access management software serving several industries but with a big stake health care, is seriously considering going public.
The Lexington, Mass.-based company has confidentially submitted a draft registration statement with the Securities and Exchange Commission to conduct an initial public offering of stock. A confidential submission enables a company to receive non-public review and comment from the SEC before finalizing a decision on whether to make the move to a publicly owned company.
Imprivata sells a suite of software to ease access to electronic information while maintaining an appropriate security level. The suite includes a Best in KLAS single-sign-on application, and software to support password management, user authentication via a badge or fingerprint, secure messaging and texting, and electronic prescribing, as well as software to secure shared workstations.
In a statement, Imprivata said it expects the process for an IPO to commence after the SEC review. The company also serves the banking and energy industries, and state/local governments.
The Lexington, Mass.-based company has confidentially submitted a draft registration statement with the Securities and Exchange Commission to conduct an initial public offering of stock. A confidential submission enables a company to receive non-public review and comment from the SEC before finalizing a decision on whether to make the move to a publicly owned company.
Imprivata sells a suite of software to ease access to electronic information while maintaining an appropriate security level. The suite includes a Best in KLAS single-sign-on application, and software to support password management, user authentication via a badge or fingerprint, secure messaging and texting, and electronic prescribing, as well as software to secure shared workstations.
In a statement, Imprivata said it expects the process for an IPO to commence after the SEC review. The company also serves the banking and energy industries, and state/local governments.
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