Deals
Utah Startup Weave Said to Explore IPO as Soon as This Year
This article is for subscribers only.
Weave, a startup that provides communications and payments technology to businesses, is exploring going public as soon as this year, according to people with knowledge of the matter.
The Lehi, Utah-based company is discussing an initial public offering that could take place in the fourth quarter, the people said. The company could be valued at about $2 billion in any transaction, one of the people said, though terms and timing are yet to be finalized.