China-based security company NetQin Mobile plans to raise $100m in its New York flotation, according to its regulatory filing.
China-based security company NetQin Mobile plans to raise $100m in its New York flotation, according to its regulatory filing.
In December, Taiwan-based chip designer MediaTek has invested $2.2m in China-based security company NetQin Mobile following phone maker HTC’s earlier $2.5m investment.
MediaTek’s subsidiary, Gaintech, invested in NetQin , which has 64.8% of the Chinese mobile security market, according to consultants Frost & Sullivan.
Investment bank Piper Jaffray is lead underwriter of NetQin’s initial public offering and the company…
