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    NTNX   US67059N1081

NUTANIX, INC.

(NTNX)
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Nutanix Receives California Software Licensing Program Contract

05/05/2021 | 07:00am EDT

Nutanix announced that the company is now an approved vendor for the Software Licensing Program (SLP) with the state of California. This allows state and local agencies, as well as educational institutions in California, to buy Nutanix software at an agreed upon discount under the SLP. California’s SLP program is administered by the Procurement Division of the Department of General Services. It was established in 1994 and negotiates extensive software discounts with software publishers from which agencies and government institutions can benefit. With organizations increasingly requiring hybrid and multicloud solutions, including public sector agencies, they require modern IT infrastructure solutions to drive their critical priorities and digital transformation initiatives. For example, in 2019, 53% of global public sector organizations exclusively ran traditional, non-cloud-enabled datacenters. In 2020, that percentage dropped to 22%. This program is expected to provide public sector agencies in California an easier and more cost-effective procurement path when purchasing Nutanix software, simplifying their path to digital transformation. The contract will be implemented by the following Nutanix partners: ePlus, E360, CDW-G, On-Par and Impex.


ę S&P Capital IQ 2021
All news about NUTANIX, INC.
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BU
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11:01aNUTANIX : Cloud Platform Breaks Down Silos in Hybrid Multicloud Operations
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09/16NUTANIX : Appoints Adam Tarbox as Vice President of EMEA Channel Sales; Hybrid Multicloud ..
AQ
09/16NUTANIX : Announces Private Convertible Exchange and Subscription Transactions of $575 Mil..
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09/16NUTANIX, INC. : Creation of a Direct Financial Obligation or an Obligation under an Off-Ba..
AQ
09/15NUTANIX, INC. : Announces Private Convertible Exchange and Subscription Transactions of $5..
BU
09/08NUTANIX : EG Group Drives Miles Further With Nutanix in the Tank; Nutanix Cloud Platform R..
AQ
09/08NUTANIX : EG Group Drives Miles Further With Nutanix in the Tank
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More news
Analyst Recommendations on NUTANIX, INC.
More recommendations
Financials (USD)
Sales 2021 1 370 M - -
Net income 2021 -820 M - -
Net cash 2021 189 M - -
P/E ratio 2021 -10,1x
Yield 2021 -
Capitalization 8 583 M 8 583 M -
EV / Sales 2021 6,13x
EV / Sales 2022 5,33x
Nbr of Employees 6 170
Free-Float 96,3%
Chart NUTANIX, INC.
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Nutanix, Inc. Technical Analysis Chart | NTNX | US67059N1081 | MarketScreener
Technical analysis trends NUTANIX, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 40,57 $
Average target price 48,14 $
Spread / Average Target 18,7%
EPS Revisions
Managers and Directors
Rajiv Ramaswami President, Chief Executive Officer & Director
Duston M. Williams Chief Financial Officer
Virginia Gambale Chairman
Rajiv Mirani Chief Technology Officer-Cloud Platforms
Wendy M. Pfeiffer Chief Information Officer
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