Infinova, Monmouth Junction, N.J., a video surveillance systems manufacturer, listed shares of the company on the Chinese Stock Exchange on December 24, 2010. According to the company, the $300 million proceeds from the initial public offering (IPO) will help Infinova to expand its global vision, advance global marketing and strengthen the Infinova brand. In parallel, Infinova will enhance research and development to bring more new video breakthroughs. Through organic growth and acquisitions, Infinova business is expected to expand explosively. As of January 6, 2010 the market value of Infinova is $1.2 billion.

“We look forward to strengthening our global position as the integrator’s manufacturer,” commented Dr. Jeffrey Liu, Infinova chief executive officer. “As a result of this IPO, Infinova can even better support our integrators and partners by delivering video systems that meet their customers’ business needs.”

“By leveraging our manufacturing process, certified to ISO 9001:2008 standards, and with over 290 R&D engineers creating a list of video industry firsts, our channel partners can continue to expand their businesses knowing that we will respond,” Liu said.