Inphi Corp (IPHI) IPO Prices at $12, High End of Range
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Inphi Corporation (NYSE: IPHI) priced its 6,800,000 share initial public offering at $12, the high end of the expected $10-$12 range. Shares will open on the NYSE today.
Morgan Stanley & Co. Incorporated, Deutsche Bank Securities Inc. and Jefferies & Company, Inc. are acting as joint book-running managers for the offering. Stifel Nicolaus Weisel and Needham & Company, LLC are acting as co-managers.
Inphi Corporation is a fabless provider of high-speed analog semiconductor solutions for the communications and computing markets, providing high signal integrity at leading-edge data speeds that are designed to address bandwidth bottlenecks in networks, minimize latency in computing environments and enable the rollout of next generation communications infrastructure.
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Morgan Stanley & Co. Incorporated, Deutsche Bank Securities Inc. and Jefferies & Company, Inc. are acting as joint book-running managers for the offering. Stifel Nicolaus Weisel and Needham & Company, LLC are acting as co-managers.
Inphi Corporation is a fabless provider of high-speed analog semiconductor solutions for the communications and computing markets, providing high signal integrity at leading-edge data speeds that are designed to address bandwidth bottlenecks in networks, minimize latency in computing environments and enable the rollout of next generation communications infrastructure.
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