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.

Tags:
Tech Culture
About the author

    Michael Kanellos is editor at large at CNET News.com, where he covers hardware, research and development, start-ups and the tech industry overseas.

     

    Discuss RFID manufacturer files for IPO

    Conversation powered by Livefyre

    This week on CNET News
    Hot Products
    Trending on CNET

    Time to toss the old dirtbag

    Looking for a vacuum?

    Whether you’re looking for a traditional upright vacuum or a low-key bot, we've picked the best vacuums for your needs.