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Article: United States: Carlsbad TV chip firm files for IPO.
- Article from:
- TendersInfo
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: datta03
With the stock market bouncing back a bit, a young Carlsbad company that makes TV receiver chips has filed with regulators for an initial public stock offering.
MaxLinear hopes to raise $100 million in its IPO, according to a 440-page prospectus filed yesterday with the U.S. Securities and Exchange Commission. MaxLinear officials declined to comment, citing the SEC-mandated quiet period for companies seeking to go public.
How much attention MaxLinear will get from investors is unclear. The IPO market has been poor for a couple of years, and it virtually shut down after the stock market meltdown last fall.
There were ...