Vulnerability assessment and management company Qualys has announced plans for an IPO later this year.

"'We are ready,' says Qualys CEO Philippe Courtot," writes Network World's Ellen Messmer. "He says the company, which he founded in 1999, has achieved profitability and is increasing revenues."

"Courtot says the company did about $76 million in revenue last year, showing profitability, and expects to see revenues grow to $94 million this year," Messmer writes. "Its variety of products, and scanning and compliance services, have become widely used by about 5,000 organizations around the world."

Go to "Qualys CEO: We're ready to take the company public" to read the details.

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