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RPX Corporation files for $100 million IPO

January 21, 2011

RPX Corporation, which acquires and licenses patent assets to clients to reduce their risk of patent litigation, filed on Monday with the SEC to raise up to $100 million in an initial public offering. The San Francisco, CA-based company, which was founded in 2008 and booked $95 million in sales last year, plans to list on the NASDAQ under the symbol RPXC. Goldman, Sachs & Co. and Barclays Capital are the lead underwriters on the deal. No pricing terms were disclosed.