Arista Networks, Mobile Iron Said to Delay IPOs

Arista Networks Inc., a provider of networking equipment and services, and Mobile Iron Inc., a mobile-software developer, are delaying their initial public offerings to wait for better market conditions, people with direct knowledge of the matter said.

Both companies are waiting for technology share prices to improve before kicking off their promotional tours, said the people, who asked not to be identified because the decisions haven’t been made public. Box Inc., a cloud-storage provider, also recently opted to hold back its IPO, people familiar with the matter said last week.