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
NFC and contactless chip specialist Inside Secure will be listed on the NYSE Euronext Paris stock exchange from 17 February, French newspaper Le Figaro reports... More
A new payments service from Bling Nation offers local banks the chance to provide a low-cost closed-loop payments system within their local community. Smart stickers attached to customers’ mobile phones and low-cost ‘BlingTag’ readers are at the heart of the system and NFC-based services will be added once handsets become widely available. More
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