Cloud-storage service Box may be ready to go public.
The company has secretly filed paperwork for an initial public offering, reported Quartz on Thursday. Box has tapped banks Morgan Stanley, Credit Suisse, and JP Morgan Chase as its top underwriters and could be looking to raise about $500 million in an IPO, said Quartz.
If true, it's not an unexpected move. CEO Aaron Levie said early last year that the company was eyeing an IPO in 2014. Box is aiming to hold its IPO in the second quarter, reported The New York Times.
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