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KB3001
I agree, I am afraid.
eewiz
Its good to see a semi startup going for IPO. But without any good PR all these ...
Image processing IC firm Ambarella plans IPO
6/13/2011 8:05 AM EDT
SAN FRANCISCO--Image processing chip vendor Ambarella Inc.has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of shares, the company said Monday (June 13).
The number of shares to be offered and the price range for the offering have not yet been determined, Ambarella (Santa Clara, Calif.) said.
Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. are acting as the joint book-running managers for the offering, Ambarella said. Stifel, Nicolaus & Co. Inc. and Needham & Co. LLC are acting as co-managers for the offering, the company said.
Ambarella, founded in 2004, provides high-definition video compression and image processing SoCs for broadcasting equipment, security cameras and consumer cameras. Its major backers include Benchmark Capital, Walden International, Matrix Partners and DAG Ventures.
The number of shares to be offered and the price range for the offering have not yet been determined, Ambarella (Santa Clara, Calif.) said.
Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. are acting as the joint book-running managers for the offering, Ambarella said. Stifel, Nicolaus & Co. Inc. and Needham & Co. LLC are acting as co-managers for the offering, the company said.
Ambarella, founded in 2004, provides high-definition video compression and image processing SoCs for broadcasting equipment, security cameras and consumer cameras. Its major backers include Benchmark Capital, Walden International, Matrix Partners and DAG Ventures.
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chanj
6/13/2011 2:19 PM EDT
There are quite a number of vendors in this market segment. What's the market position of Ambarella? Any further information are welcomed.
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goafrit
6/13/2011 2:32 PM EDT
Too bad, I am not sure they will get a lot of money. The world does not see our industry as being fun. Maybe few millions while the websites rack billions
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goafrit
6/13/2011 2:33 PM EDT
Of course I mean the social media websites. They include Facebook, Linkedin, Groupon that are valued beyond common sense
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eewiz
6/14/2011 12:12 AM EDT
Its good to see a semi startup going for IPO. But without any good PR all these years or any major manufacturers using their products, If a company suddenly comes out and wants to do an IPO, I will be skeptical about their success in the IPO.
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KB3001
6/14/2011 7:54 AM EDT
I agree, I am afraid.
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