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Palantir files IPO paperwork

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Data analytics company Palantir Technologies confidentially filed for a public listing with the Securities and Exchange Commission.

Co-founded in 2004 by tech investor Peter Thiel, Palantir sells software that aggregates big data for governments and corporations worldwide.

Company officials are considering a direct listing, through which its employees and investors would convert their ownership into stock that would be listed on the market.

Read more from TheStreet.

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