Intellectual Property
May 6, 2011
RPX Raises $160 Million in IPO
RPX Corp., a San Francisco-based company that acquires patents for technology company clients to defend against infringement complaints, raised nearly $160 million during an initial public offering on Wednesday.
Daily Journal Staff Writer
PALO ALTO - RPX Corp., a San Francisco company that acquires patents for technology company clients to defend against infringement complaints, raised $159.6 million during a successful initial public offering Wednesday.
The IPO was priced at $19 per share, above the $16 to $18 range that had been expected. Roughly 8.4 million shares were sold, a little over a million more than planned. And investors...
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