Infinova Listed on the China Stock Exchange Valued at $1.2 Billion

Infinova announced that shares of Infinova, one of the video surveillance systems manufacturers, were listed on the Chinese Stock Exchange. Infinova will use the US$300 million to grow both organically and through acquisitions. As of today, the market value of Infinova is $1.2 billion. With headquarters in Monmouth Junction, New Jersey, in the U.S., the Initial Public Offering (IPO) was placed on the Chinese Stock Exchange because it is one of the top IPO markets globally. PricewaterhouseCoopers expects to see $60 billion raised in China in 2011. read more