Wintegra Files for $115 Million IPO
Wintegra Inc., an Austin, Texas-based provider of access processing semiconductors, has filed for a $115 million IPO. It plans to trade on the Nasdaq under ticker symbol WNTG, with Barclays Capital and Deutsche Bank Securities.
The company reports $12 million in 2009 revenue, compared to around $6 million in 2008 revenue. Net income moved from a small loss to a small gain.
Wintegra had withdrawn a previous IPO registration in 2006. It has raised around $26 million in VC funding from firms like Magnum Communications Fund, Concord Ventures, Texas Instruments, Genesis Partners and China Development Industrial Bank. www.wintegra.com
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