OCZ, the company best known for its enthusiast memory modules, is to float itself on the stock exchange.
The flotation, known as an IPO (Initial Public Offering) will be conducted on the Alternative Investment Market on the London Stock Exchange. The AIM has experienced a rapid growth in the last 18 months, as companies from all over the world seek to be listed on it, despite its nominal base being London. There are currently around 1500 companies listed on the AIM, with more than 250 being based overseas.
Smaller tech companies, especially, are starting to recognise the AIM as a better market to trade on rather than the USA's NASDAQ, which is populated by massive tech behemoths like Apple and Microsoft.
OCZ is hoping to raise £10m through the IPO, which would value the company overall at around £30m.
OCZ's major competitor in the enthusiast memory stakes, Corsair, is a privately held company. Both companies are fighting against the might of Micron, Crucial's parent company, which is traded on the New York Stock Exchange and did around $4bn worth of business last year.
What's your experience of OCZ memory? Do you think that a cash injection will result in better memory modules for overclockers? Let us know what you reckon over in the forums.
The flotation, known as an IPO (Initial Public Offering) will be conducted on the Alternative Investment Market on the London Stock Exchange. The AIM has experienced a rapid growth in the last 18 months, as companies from all over the world seek to be listed on it, despite its nominal base being London. There are currently around 1500 companies listed on the AIM, with more than 250 being based overseas.
Smaller tech companies, especially, are starting to recognise the AIM as a better market to trade on rather than the USA's NASDAQ, which is populated by massive tech behemoths like Apple and Microsoft.
OCZ is hoping to raise £10m through the IPO, which would value the company overall at around £30m.
OCZ's major competitor in the enthusiast memory stakes, Corsair, is a privately held company. Both companies are fighting against the might of Micron, Crucial's parent company, which is traded on the New York Stock Exchange and did around $4bn worth of business last year.
What's your experience of OCZ memory? Do you think that a cash injection will result in better memory modules for overclockers? Let us know what you reckon over in the forums.
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