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Successful cleantech IPO

Lithium ion battery maker, A123 Systems, has had a successful IPO — after its shares hit the market on September 24, their share price shot up more than 50%. Does this mean the IPO drought is over? Will cleantech lead the way to a general market recovery? StepOne will keep our eye on developments in the cleantech market for our clients and future clients. Full disclosure: I went to business school with one of the guys at A123 — congrats Doug!