Inphi files for $115 million IPO

SAN FRANCISCO—Analog chip vendor Inphi Corp. announced Wednesday (June 16) it filed a registration for with the U.S. Securities and Exchange commission for an initial public offering (IPO) that reportedly could be worth $115 million.

The number of shares to be offered and the price range for the offering have not yet been determined, Inphi (Sunnyvale, Calif.) said.

The Wall Street Journal reported that the IPO could be worth an estimated $115 million.

Morgan Stanley & Co. Inc., Deutsche Bank Securities Inc. and Jefferies & Company Inc. will act as book-running managers for the offering, Inphi said. Thomas Weisel Partners LLC and Needham & Company LLC are acting as co-managers for the offering, the company said.