Alien Applies for $120M IPO

Published: Apr 14, 2006
Updated: Feb 2, 2021
1 minute read
eWeek Le contenu et les recommandations de produits sont indépendants de la rédaction. Nous pouvons gagner de l'argent lorsque vous cliquez sur des liens vers nos partenaires. En savoir plus

With interest rising seemingly daily around radio-frequency identification technology, Alien Technology is cashing in.

The company announced April 14 that it filed with the Securities and Exchange Commission for a proposed $120 million IPO (initial public offering).

Bear, Stearns & Co. is leading the IPO charge, with Cowen & Company, Robert W. Baird & Co. and Advanced Equities acting as co-managers for the offering.

Alien Technology, based in Morgan Hill, Calif., develops RFID tags, readers and battery-operated “passive” hardware that enable long-range tag reads.

The company is also a major developer of Gen 2 readers. An EPCglobal Inc. specification, Gen 2 was ratified in 2005, and put into commercial products in 2006, including Aliens ALR-9800 reader.

While Gen 2 is heralded by many as a big leap forward in both technology and standards, it does have its detractors, primarily those in the pharmaceutical industry that fear the “wattage” released from Gen 2 tags when they are scanned could have the same effect on drugs as a microwave oven, left on high for too long, does on a cup of coffee.

Check out eWEEK.coms for the latest news, reviews and analysis on mobile and wireless computing.

eWeek Logo

eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site's focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

Propriété de TechnologyAdvice. © 2026 TechnologyAdvice. Tous droits réservés

Divulgation publicitaire : Certains des produits qui apparaissent sur ce site proviennent d'entreprises dont TechnologyAdvice reçoit une compensation. Cette compensation peut influencer la façon dont les produits apparaissent sur ce site, notamment l'ordre dans lequel ils apparaissent. TechnologyAdvice n'inclut pas toutes les entreprises ou tous les types de produits disponibles sur le marché.