Natixis

Shares in the first NFC specialist to go public were oversubscribed by five times and the offer price was set at the high end of the range at €8.30 per share, netting the firm €69m and giving it a market capitalisation of €261m. More

The prospectus for Inside Secure's IPO this month shows that the company made US$47m from the sale of NFC chips in 2011, that these were mainly delivered to RIM for use in BlackBerry NFC smartphones and that Inside believes it now has a share of close to 50% of the overall market for NFC chips for mobile phones. More