Renaissance Capital logo

Arteris Priced, Nasdaq: AIP

Develops and licenses interconnect IP for semiconductor SoCs.

Industry: Technology

Latest Trade: $8.28 +0.18 (+2.2%)

First Day Return: +30.0%

Return from IPO: -42.1%

Industry: Technology

We are a leading provider of interconnect and other intellectual property (“IP”) technology that manages the on-chip communications in System-on-Chip (“SoC”) semiconductor devices. Our products enable our customers to deliver increasingly complex SoCs that not only process data but are also able to make decisions. Growth in the total addressable market (“TAM”) for our solutions is being driven by the addition of more processors, channels of memory access, machine learning sections, chiplets, additional input/output (“I/O”) interface standards and other subsystems within SoCs. The growth in the numbers of these connected on-chip subsystems places an increasing premium on the interconnect IP’s capability to move data inside complex SoCs. We believe this increase in SoC complexity is creating a significant opportunity for sophisticated SoC system IP solutions, which consist of Network-on-Chip (“NoC”) interconnect IP, IP deployment software and NoC interface IP (consisting of peripheral data transport IPs and control plane networks connected to NoC interconnect IP).
more less
IPO Data
IPO File Date 10/01/2021
Offer Price $14.00
Price Range $14.00 - $16.00
Offer Shares (mm) 5.0
Deal Size ($mm) $70
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/26/2021
Offer Price $14.00
Price Range $14.00 - $16.00
Offer Shares (mm) 5.0
Deal Size ($mm) $70
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Jefferies
TD Cowen
more
Company Data
Headquarters Campbell, CA, United States
Founded 2003
Employees at IPO 211
Website www.arteris.com

Arteris (AIP) Performance