Industry News Update – Week of 1/15/2018:

Last week, Dropbox confidentially filed documents for its upcoming IPO that is expected to occur in the first half of 2018.

Xiaomi hired Goldman Sachs and Morgan Stanley to underwrite its upcoming IPO that is speculated to occur in the second half of 2018 with a $100 billion valuation.

Practice Fusion was acquired by Allscripts for $100 million which represents a steep discount compared to its expected $1.5 billion IPO valuation calculated by JP Morgan.

SpaceX planned to test its Falcon Heavy's engines on January 15th which signifies a step closer to the rocket's initial launch.

The news articles and links presented below are available for your reference.


“Dropbox Files Confidentially for U.S. IPO"


"Practice Fusion, Once Poised for a Blockbuster IPO, Sells at a Loss to Allscripts"


"SpaceX Will Test the Engines of the World's Most Powerful Rocket Today"


"Xiaomi Taps CLSA, Morgan Stanley, Goldman for IPO Sponsor Role: Sources"