Monday, May 10, 2010

Wintegra Files For IPO

Austin-based Wintegra filed for an IPO late Friday, saying that it is looking to raise up to $115M in an IPO on the Nasdaq Global Market. The firm said it is hoping to trade as "WNTG", in an IPO underwritten by Barclays Capital and Deutsche Bank Securities. Wintegra is a provider of network processors for the mobile backhaul, 3G, and 4G wireless market. The firm is venture backed by Magma Venture Capital, Concord Ventures, Genesis Partners, Marvell Semiconductor, Texas Instruments, and Tenaya Capital.