Ubiquiti IPOs

Ubiquiti is a San Jose based company--HQ is on Tasman--that has just completed it's Initial Public Offering (IPO) on Friday. It will be traded on the NASDAQ with the ticker UBNT and is the first IPO in 8 weeks for the United States. Ubiquiti raised about $100M dollars, and this also gives company shareholders a chance to cash out and spend some money in San Jose =).

For more info on the IPO click here.

Not related to Ubiquiti, I'm planning to put together a list of consumer-oriented San Jose companies for those of us that want to support local companies as much as possible. Examples are Netgear for consumer networking products, Switch lighting (about to release LED light bulbs that will change the world), and Super Talent for USB drives.