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IOTS News

Circuit breaker: Chip company eASIC withdraws $75 million IPO

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eASIC, a fabless designer of custom chips for the wireless, networking and storage markets, withdrew its plans for an initial public offering on Friday. It originally filed for a $75 million IPO in February 2015 and last updated its filing in August. ...read more

The German conga: embedded chip maker congatec Holding sets terms for $60 million US IPO

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congatec Holding, a German fabless provider of embedded computer-on-module solutions, announced terms for its IPO on Wednesday. The Deggendorf, Germany-based company plans to raise $60 million by offering 5.45 million ADSs (23% insider) at a price range of...read more

Week ahead: Two biotechs and a tech company

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In the last week of October, no companies filed for an IPO. October was a difficult month for IPOs: 16 companies went public, pricing an average of 22% below their midpoint....read more

US IPO Weekly Recap: IPO investors get pre-IPO valuations

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IPO investors are beginning to see pre-IPO valuations. A biotech and a semiconductor company went public this past week after slashing their proposed valuations. While health care...read more