The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's largest exchange company, announced that the trading of Qlik Technologies Inc. ("QlikTech") (Nasdaq:QLIK) commenced on July 16 on The NASDAQ Stock Market. Qlik Technologies, which provides business intelligence software that enables clients to search and query business data in a multitude of ways, is headquartered in Radnor, Pennsylvania and trades under the ticker symbol (QLIK). Qlik Technologies was founded in Sweden and continues to generate the majority of its sales from clients outside the US.
"Qlik Technologies is a globally renowned innovator of business intelligence software," said Bruce Aust, Executive Vice President, Corporate Client Group, NASDAQ OMX. "As our 15th IPO this year in the information technology sector, we could not be more pleased to continue to hold our position as the market of choice for innovative technology companies."
NASDAQ IPOs have raised more than $4.32 billion in proceeds year-to-date, and NASDAQ has captured 42 new listings across a variety of sectors. Other distinguished companies who have recently listed on NASDAQ include: SMART Technologies (Nasdaq:SMT) which raised $660 million in proceeds in its first day of trading, CBOE Holdings, Inc. (Nasdaq:CBOE), and Tesla Motors, Inc. (Nasdaq:TSLA), the first IPO by an American automaker in 54 years.