NASDAQ OMX Welcomes NXP Semiconductors, NASDAQ's Largest European IPO of 2010, to The NASDAQ Stock Market
NEW YORK, Aug 11, 2010 (GlobeNewswire via COMTEX News Network) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's largest exchange company, announced that the trading of NXP Semiconductors, (Nasdaq:NXPI) commenced on August 6 on The NASDAQ Stock Market. NXP Semiconductors, whose products are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer, and computing applications, is NASDAQ's largest European IPO of 2010, raising proceeds totaling $476 Million.
NXP Semiconductors was one of five companies to hold an IPO on The NASDAQ Stock Market last week. Gordman Stores (Nasdaq:GMAN), and healthcare companies, NuPath, Inc. (Nasdaq:PATH), Trius Therapeutics, Inc. (Nasdaq:TSRX), and D. Medical Industries, Inc. (Nasdaq:DMED) all also chose NASDAQ as their listing exchange. In 2010, NASDAQ has maintained a stronghold in the technology and healthcare sectors, capturing 67 percent and 86 percent of global IPOs respectively.
"NASDAQ is home to companies that offer innovative and groundbreaking products and services to their respective industries," said Bruce Aust, Executive Vice President, Corporate Client Group, NASDAQ OMX, "NASDAQ OMX is excited to welcome NXP Semiconductors and four other IPOs to The NASDAQ Stock Market this week that showcase that commitment to growth and innovation."
NASDAQ IPOs have raised more than $4.98 Billion in proceeds in 2010, and NASDAQ has captured 48 new listings across a variety of sectors. Other distinguished companies who have recently listed on NASDAQ include: SMART Technologies (Nasdaq:SMT), the largest IPO of 2010, which raised more than $660 Million in proceeds in its first day of trading, and CBOE Holdings, Inc. (Nasdaq:CBOE).
About the NASDAQ OMX Group:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. Please follow NASDAQ OMX on Facebook (http://www.facebook.com/nasdaqomx) and Twitter (http://www.twitter.com/nasdaqomx).
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX's products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
Neither The NASDAQ OMX Group, Inc., nor any of its affiliates (collectively "NASDAQ OMX") makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Investors should undertake their own due diligence and carefully evaluate companies before investing.
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SOURCE: The NASDAQ OMX Group, Inc.
CONTACT: The NASDAQ OMX Group, Inc. Media Contacts: Jolene Libretto +646-441-5220 Jolene.email@example.com
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