PARIS, Oct 5 (Reuters) - Aircall, a call centre software company that has been valued at around $1 billion, said on Thursday it was in no rush for a stock market flotation, as it unveiled a new product to help smaller-sized businesses and added that its revenue had risen.
The company has often been touted as a likely stock market candidate.
Pailhes said that while an initial public offering (IPO) remained an option, it was something the company could examine once it reached annual recurring revenue of $200 million, which Aircall hopes to achieve in the next 18 months.
Within two years, we'll talk about it again, but we don't need to rush," said Pailhes, speaking via Zoom from Spain, regarding any stock market flotation plans.
Aircall, launched in Paris in 2014, is viewed as a success story from France's technology sector, although the company is now headquartered in New York.
Persons:
Olivier Pailhes, Pailhes, Aircall, Sudip Kar, Bill Berkrot
Organizations:
Thomson
Locations:
Spain, Paris, New York, United States