Monday, November 8, 2010

Inphi Set To Debut In IPO This Week

Inphi Corp., the manufacturer of high speed semiconductors which has a majority of its operations in Westlake Village, but is based in Santa Clara, is expected to debut this week in the latest Southern California IPO. The firm is set to sell 6.8 million shares of its stock at between $10.00 and $12.00 per share, and has filed to trade on the NYSE as IPHI. Inphi joins such firms as Green Dot, RealD, ReachLocal, and MaxLinear who have reached the markets so far this year. Southern California has a large number of firms still in registration for an IPO, including GameFly, Demand Media, Zogenix, Cornerstone OnDemand, and Nexsan, not to mention a number rumored but not yet filed. Complete Genomics, a Silicon Valley firm backed by Southern California venture firm Enterprise Partners, is also expected to debut this week.