Solid state storage specialist Fusion-io has become the latest technology company to embark on an initial public offering.
The company will enter the New York Stock Exchange on Thursday with a starting price of $19 per share, valuing the company at $1.5bn.
Fusion-io is based in Salt Lake City and specialises in high-performance solid state storage hardware and software. The firm numbers HP, Dell and IBM among its partners.
The firm is probably best known for a high-profile personnel move in 2009 when Apple co-founder and Silicon Valley legend Steve Wozniak joined as chief scientist.
The IPO is the latest of a series in the technology sector this year. Social networking site LinkedIn put itself on the market in May and generated stock prices valuing the company at $4.9bn.
Earlier this month, social networking and discount site Groupon unveiled its own plans to undertake an IPO worth some $750m.
Groupon has not yet announced a starting price for its stock, but the offering triggered speculation in the industry that a market bubble was once again developing.
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