Science and Technology Science and Technology
Mon, April 4, 2011
Sun, April 3, 2011
Sat, April 2, 2011
Fri, April 1, 2011

Inphi Prices Public Offering of Common Stock


Published on 2011-04-01 07:50:19 - Market Wire
  Print publication without navigation


SANTA CLARA, CA--(Marketwire - April 1, 2011) - Inphi Corporation (NYSE: [ IPHI ]) today announced the pricing of its public offering of approximately 3.9 million shares of common stock at a price to the public of $20.90 per share. Of the shares in the offering, Inphi is offering for sale to the public 100,000 shares of its common stock and certain stockholders are offering for resale to the public approximately 3.8 million shares of Inphi's common stock owned by them. In addition, certain selling stockholders have granted the underwriters a 30-day option to purchase up to approximately 0.5 million shares of additional common stock to cover over-allotments, if any.

Morgan Stanley & Co. Incorporated and Deutsche Bank Securities Inc. are acting as book-running managers for the offering. RBC Capital Markets, LLC, Stifel Nicolaus & Company, Incorporated, Needham & Company, LLC and Oppenheimer & Co. are acting as co-managers for the offering.

A registration statement relating to this offering of common stock was declared effective by the Securities and Exchange Commission today. Any offer or sale will be made only by means of a written prospectus forming part of the effective registration statement. Copies of the final prospectus relating to the offering may be obtained, when available, from Morgan Stanley & Co. Incorporated, 180 Varick Street, New York, NY 10014, Attn: Prospectus Department, by calling 866-718-1649 or by emailing [ prospectus@morganstanley.com ]; or from Deutsche Bank Securities Inc., 100 Plaza One, Jersey City, New Jersey 07311, Attn: Prospectus Department, by calling 800-503-4611 or by emailing [ prospectus.cpdg@db.com ].

This news release shall not constitute an offer to sell or the solicitation of any offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Inphi
Inphi Corporation is a provider of high-speed analog semiconductor solutions for the communications and computing markets, providing high signal integrity at leading-edge data speeds that are designed to address bandwidth bottlenecks in networks, minimize latency in computing environments and enable the rollout of next generation communications infrastructure. Inphi's solutions provide a vital interface between analog signals and digital information in high-performance systems, such as telecommunications transport systems, enterprise networking equipment, enterprise and data center servers, storage platforms, test and measurement equipment and military systems.

Inphi is a registered trademark of Inphi Corporation. All other trademarks used herein are the property of their respective owners.

Contributing Sources