Siemens-backed software consultancy ThoughtWorks has announced its intention to float on the Nasdaq Global Select Market.
ThoughtWorks, a US-based software consultancy backed by industrial product and appliance manufacturer Siemens, has filed to raise $100m in an initial public offering.
Its parent company, Turing Holding, intends to change its name to Thoughtworks Holding prior to the completion of the offering.
Founded in 1993, Thoughtworks provides a range of strategy, design and engineering consultancy services to help companies with their digital transformation initiatives. Revenue at the company hit $498m for the six months ending June 2021, up…
