SOURCE: BlueArc Corporation

BlueArc Corporation

June 24, 2011 17:23 ET

BlueArc Files Registration Statement for Initial Public Offering

SAN JOSE, CA--(Marketwire - Jun 24, 2011) - BlueArc® Corporation, a leader in scalable, high-performance network storage, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined.

J.P. Morgan Securities LLC, BofA Merrill Lynch and Credit Suisse Securities (USA) LLC are acting as joint book-runners for the proposed offering. William Blair & Company, L.L.C. is acting as co-lead manager. Pacific Crest Securities LLC and ThinkEquity LLC are acting as co-managers.

The offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained from the offices of J.P. Morgan Securities LLC, Attn: Broadridge Financial Solutions, 1155 Long Island Ave., Edgewood, NY 11717, Telephone: (866) 803-9204; BofA Merrill Lynch, Attn: Prospectus Department, 4 World Financial Center, New York, NY 10080, email:; or Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, One Madison Avenue, 1B NYC 10010, Telephone: (800) 221-1037.

A registration statement relating to the securities has been filed with the SEC but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About BlueArc Corporation

BlueArc partners with customers to solve their storage and data management-related business challenges at scale. The company's high-performance, highly scalable and cost-effective storage solutions help accelerate customer success.

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