Eclipse Software, one of the largest and most widely used free software developers, is going public with a valuation of $6.9 billion, according to a report from Seeking Alpha.
The company, which has been under pressure in recent years from venture capitalists, is also rumored to be seeking out a $5 billion valuation for itself.
The announcement of the IPO comes less than a week after the launch of its first beta of a free online software called Bitcoin Miner, which is supposed to be a “peer-to-peer” mining program.
Bitcoin Miner has not been fully released and is only available for download for Mac OS X users.
The startup said in a blog post that the project has received “the highest possible level of funding.”