Nasdaq Women in Technology: Niharika Sharma, Senior Software Engineer, Nasdaq’s Machine Intelligence Lab
Niharika Sharma is a Senior Software Engineer for Nasdaq’s Machine Intelligence Lab. She designs systems that gather, process and apply machine learning/natural language processing technologies on natural language data, generating valuable insights to support business decisions. Over the past years, she worked on Natural Language Generation (NLG) and Surveillance Automation for Nasdaq Advisory Services. We sat down with Niharika to learn more about how she got her start in computer science and how she approaches challenges in her career.
Can you describe your day-to-day as a senior software engineer at Nasdaq?
My day-to-day work involves collaborating with Data Scientists to solve problems, ideating business possibilities with product teams and working with Data/Software Engineers to transform ideas into solutions.
How did you become involved in the technology industry, and how has technology influenced your role?
My first exposure to Computer Science was a Logo programming class that I took as a junior in high school. After that, I took a couple of coding classes for fun.
When it came to choosing a college major, my high school Mathematics teacher suggested I consider a career in Software Engineering. At first, I thought, “Programming?! That’s too geeky!”. I liked coding, but I never wanted to be that nerd who sits in a cube staring at a computer all day. For college, I chose to study Chemistry at Delhi University, but a few months into the course, I realized technology was where I belonged, and I eventually pivoted to Engineering.
A decade later, I admit that it was the best decision I ever made. I found the concepts and problem solving so engaging that after obtaining my degree, I took a leap of faith and moved to the U.S. to pursue a Masters in Computer Science from Northeastern University. In the final semester, I
Intrusion, which provides a family of software products for enterprise security, announced terms for its IPO on Monday.
The Richardson, TX-based company plans to raise $44 million by offering 3.1 million shares (35% insider) at $14.32, the last close of its shares on the OTCQB (INTZ). At the proposed price, Intrusion would command a market value of $242 million.
Intrusion develops, markets, and supports a family of entity identification, high speed data mining, cybercrime and advanced persistent threat detection products. Its end-user customers include US federal government entities, state and local government entities, large and diverse conglomerates, and manufacturing entities, among others. Its product families include TraceCop, a database of worldwide IP addresses, registrant information, and their associations; Savant, a high speed network data mining and analysis hardware and software product; and Shield, which is currently in development to be a next generation intrusion detection and protection solution.
Intrusion was founded in 1983 and booked $10 million in revenue for the 12 months ended June 30, 2020. It plans to list on the Nasdaq under the symbol INTZ. B. Riley FBR is sole bookrunner on the deal. It is expected to price during the week of October 5, 2020.
The article Enterprise security software provider Intrusion sets terms for $44 million Nasdaq uplisting originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com.
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital’s research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital’s Renaissance IPO ETF (symbol: IPO), Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of companies mentioned.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(Bloomberg) — Cybersecurity software maker McAfee Corp. has filed to go public, adding to the roster of companies rushing to cash in on a hot market for U.S. initial public offerings.
The San Jose, California-based company listed the size of the offering as $100 million in a filing Monday with the U.S. Securities and Exchange Commission. The amount is a placeholder that will likely change.
McAfee’s planned offering is part of a software IPO boom this year. The biggest listing for an operating company on a U.S. exchange is software maker Snowflake Inc., which raised $3.86 billion including so-called greenshoe shares this month.
Software companies account for $12.8 billion of the $102 billion raised this year on U.S. exchanges, according to data compiled by Bloomberg. Shares of those newly public software companies have gained 78% on an weighted average basis, the data show.
McAfee was previously a unit of Intel Corp. which bought the software maker in a $7.7 billion deal that closed in 2011.
The chipmaker argued that security was becoming increasingly important to computer users and that integrating security functionality into its processors would add to their value. That high-level justification for the purchase was never translated into practical applications which enhanced Intel’s main business. The unit continued on primarily as a retail software vendor not connected tightly to its parent’s offerings.
In 2016, Intel announced that it had signed a deal to transfer a 51% stake in the business to TPG for $1.1 billion. The transaction valued the spun-off company at $4.2 billion, including debt. TPG and Thoma Bravo are listed as McAfee’s backers in