Ambarella Files For IPO
Santa Clara-based Ambarella, a developer of semiconductors for the video and image processing market, said last week that it has filed for an IPO. The firm is looking to raise up to $65M in its IPO. The IPO is being underwritten by Morgan Stanley, Deutsche Bank Securities, Stifel NIcolaus Weisel, and Needham & Company. The firm is backed by Benchmark Capital, Walden International, Matrix Partners, Wintech Microelectronics, and others.
posted on Tuesday, June 14, 2011
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