RFID manufacturer files for IPO

Alien Technology, one of the leaders in radio frequency identification chips (RFID), filed a registration statement with the Securities and Exchange Commission, the company said on Thursday. It will try to raise $120 million in the IPO.

Investors have already invested $200 million into the company, a fairly sizeable amount compared to most high tech companies going public in the past few years. The company posted around $20 million in sales in 2005.

 

Join the discussion

Conversation powered by Livefyre

Don't Miss
Hot Products
Trending on CNET

HOT ON CNET

How well do you know your surge protector?

Whether you're looking to add more outlets, or want to add a layer of protection between your gear and the outside world, here's what you need to know.