eASIC Drops IPO Plans
Santa Clara-based eASIC has withdrawn its IPO plans, saying in a regulatory filing Friday that it has determined not to pursue the initial public offering it had registered for in February. No reason for the withdrawal was given by the company. eASIC is a developer of programmable ASIC hardware. eASIC is backed by Khosla Ventures, Crescendo Ventures, Seagate Technology, Kleiner Perkins Caufield & Byers, Evergreen, and Advanced Equities, among others.
posted on Monday, November 30, 2015
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