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).