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Peregrine Semiconductor files for $100 million IPO

November 19, 2010

Peregrine Semiconductor, a fabless provider of radio frequency integrated circuits used in a variety of wireless applications, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The San Diego, CA-based company, which was founded in 1990 and booked $89 million in sales for the 12 months ended September 30, plans to list on the NASDAQ. Deutsche Bank Securities, J.P. Morgan and Jefferies & Co. are the lead underwriters on the deal, for which pricing terms and timing were not disclosed.