Infoblox, a provider of automated network control solutions, is preparing to go public. The company’s shares in the upcoming Initial Public Offering (IPO) have been valued at US$12-US$14 per share, according to documents it filed with the US Securities and Exchange Commission.

The company is planning to register about 8.6m shares, which may result in maximum proceeds from the sale of US$120.75m. Morgan Stanley, Pacific Crest Securities, UBS Investment Bank, JMP Securities, Goldman Sachs and Stephens Inc. are acting as underwriters in the offering.

Infoblox is planning to trade on the New York Stock Exchange under the symbol “BLOX”.

The Santa Clara, California-based company’s network-control appliance comes in both physical and virtual forms. The platform combines real-time IP address management with network control, configuration and change capabilities.

The company has customers across many industry verticals, including aerospace and defense, auto manufacturing, biotech, broadcasting, computer hardware manufacturing, consumer electronics, retail, banking and telecommunications.

Infoblox reported a revenue of about $132.8m for 2011 and a net loss of about $5.3m. It grew its revenue from $61.7m in 2009 and $102.2m in 2010.