Founded in Singapore in 2003, the privately-held firm views this latest investment as one of its last prior to a future "liquidity event", the head of Acronis said.
"We definitely are looking into providing liquidity for our shareholders, whether it's an IPO or M&A, or via dividends," its founder and chief executive Serguei Beloussov told Reuters.
The New York-based company plans to sell 21.3 million shares priced at between $43 and $50 per share, raising about $1.06 billion. UiPath was valued at $35 billion during a funding round earlier this year.
It will list its shares on the New York Stock Exchange under the symbol "PATH". Morgan Stanley and J.P.Morgan are the offering's lead underwriters.
*Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the potential offering on the New York Stock Exchange, the sources said.
* VinFast became Vietnam's first fully fledged domestic car manufacturer when its first gasoline-powered models built under its own badge hit the streets in 2019.
The company's stock was indicated to open between $60 and $65 per share, far above the reference price of $45 set by the New York Stock Exchange on Tuesday.
At the top end of the indicative range, Roblox would have a market value of around $36 billion.