Tuesday, May 3, 2011

2011-05-03: RPXC, RPX Corporation

Remark
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IPO Date & Price
IPO Date: 2011-05-03
Offer price/share: $19 x 8.4M = $159.6M

Underwriters
Joint Book Runner: Goldman, Sachs & Co., Barclays Capital
Co Manager: Allen & Company, Baird, Cowen & Company

Business
Sector: Services
Industry: Business Services
Full Time Employees: 76
Founded: 2008

Acquires and licenses client patent assets to defend against patent trolls

RPX Corporation provides patent risk management solutions in the United States, Europe, and Asia. It offers a subscription-based patent risk management solution that facilitates exchanges of value between owners and users of patents. The company provides a defensive patent aggregation solution in which it acquires patents or licenses to patents and licenses these patents to clients to protect them from patent infringement assertions. It also allows its clients access to the company’s proprietary patent market intelligence and data. The company’s clients include companies that make or sell technology-based products and services, as well as companies that use technology in their businesses. RPX Corporation was founded in 2008 and is based in San Francisco, California

Yahoo: http://finance.yahoo.com/q/pr?s=RPXC

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