Rebecca Romijn Nadine Velazquez Pink Mila Kunis Samaire Armstrong
Monday, January 24, 2011
Patent Risk Advisory Firm RPX Files For An IPO
"Defensive patent aggregator"RPX (Rational Patent) filed an S-1 form with the SEC �on Friday, stating its intention to go public. According to the form, RPX is looking to sell up to $100 million of its shares in an IPO underwritten by Goldman Sachs, Barclays, Allen & Company LLC and others. Co-founded by former Intellectual Ventures VPs John Amster and Geoffrey Barker, RPX only launched two years ago but it revenues are through the roof, growing from $0.8 million in 2008 to $32.8 in 2009, the year in which it reached profitability. The company hit $10 million in profit on�$65.2 million in revenue for the first nine months of 2010.
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