CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Rules of Retirement Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
9 tech IPOs worth waiting for
It's been a while since a technology IPO was a good idea. Here are some great new choices.
By Corey Hajim, FORTUNE reporter

NEW YORK (FORTUNE) - It takes consistent profits to qualify for an IPO these days. Even solid companies are waiting longer before trying, and many just sell to big corporations instead. Here are nine tech companies that seem likely to go public in the near future. These nine could be some of the movers and shakers in the new tech boom, and investors should keep an eye on them.

Calix, a Petaluma, Calif.-based company founded in 1999, makes gear that revs up old copper and fiber phone lines so that they can handle high-speed video. It's also hot in the IPTV (Internet Protocol Television) market. And while the company said that it doesn't have any plans to file for an IPO, some industry watchers think that it could go soon.

Photo GallerylaunchSee more photos

GoDaddy.com's memorable advertisements during the Super Bowl caught the attention of viewers, and its leadership in the discount domain name and hosting business with 12 million domains under management has investment bankers drooling. The company had no comment on a future IPO, but reportedly hired Lehman Brothers to manage the process.

Hands-On Mobile, formerly Mforma, publishes downloadable games, ring tones, horoscopes and customized messaging for cellphones. And on April 5th, it announced two new offerings - prayers from Pat Boone called Daily Devotions and entertaining greetings brought to you by rock-star Tommy Lee. It's another business taking part in mobile madness and investors should keep their eyes peeled for a public offering.

See the top 10 Net boom stocks and funds

Are you a homesick expat with broadband? JumpTV streams 140 channels from more than 50 countries to Internet-enabled devices. Get access to your favorite Mumbai-based news broadcast or Romanian soccer game for about $9.95 a month. The Toronto-based company isn't talking about going public right now, but there are rumblings up north and on Wall Street.

Motricity's software helps wireless carriers like Cingular, Sprint (Research) and Virgin Mobile (Research) sell downloadable photos, videos and ringtones from content providers. Motricity has a catalog of more than 600,000 media titles and reaches more than 120 million consumers worldwide. VC's have thrown in $90 million so far and we think they'll want their money back. An IPO seems likely.

Inktomi vets founded software and hardware company Riverbed Technology to improve the efficiency of Wide Area Network usage, optimizing traffic flow in both directions. Unlike others on this list, Riverbed is in an official quiet period having filed its S-1 on April 20. Look for the IPO possibly sometime this summer on the NASDAQ, ticker RVBD.

Tech Target is a conglomeration of Web sites, magazines, conferences big and small, Web casts, and white papers all focused on enterprise IT. One hundred full-time reporters write for Tech Target's publishing properties to inform its four million unique visitors a month. And while they don't need the money per se, I-bankers have been calling, putting a possible IPO on the radar.

Software and services company Local Matters helps yellow pages publishers and directory assistance providers make the most of their local knowledge online. Local is a hot topic for search these days and with Google (Research) and others always trying to keep an edge, this company might be in a sweet spot.

Glu Mobile's bread and butter is games for mobile phones, but also has a hot sports application from Fox with sports news and information. Its most popular game in North America is Deer Hunter, which debuted on mobile phones in December of 2004. Other hits include Zuma, DRIVER: VEGAS and Diner Dash. It has raised just under $58 million from investors like Sienna Ventures and Time Warner Investments (Time Warner (Research) is the parent company of FORTUNE and CNNMoney.com) and has opened offices in San Mateo, Calif., London, Manchester and Hong Kong. While there is no official discussion of timing of an IPO, it certainly does not seem out of the question.

See the top 10 stocks and funds in the new Net boom. Top of page

YOUR E-MAIL ALERTS
Follow the news that matters to you. Create your own alert to be notified on topics you're interested in.

Or, visit Popular Alerts for suggestions.
Manage alerts | What is this?
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.