Tech.eu: Stockholm, Sweden-based eye-tracking technology company Tobii IPO today gives it a market cap of SEK 2.1 billion (about $244M). Tobii says the offering was over-subscribed multiple times. Tobii will receive gross proceeds of approximately SEK 400 million ($46.5M) through the issue of new shares as part of the IPO, before a possible exercise of the over-allotment option.
The company has about 570 employees across its offices in Sweden, the US, China, Germany and other countries.
The company has about 570 employees across its offices in Sweden, the US, China, Germany and other countries.