SANTA CLARA, Calif., November 11, 2010 – Inphi Corporation (NYSE: IPHI) today announced the pricing of its initial public offering of 6,800,000 shares of common stock at a price to the public of $12.00 per share. In addition, the company has granted the underwriters a 30-day option to purchase up to an additional 1,020,000 shares to cover over-allotments, if any. Inphi Corporation’s common stock will be traded on the New York Stock Exchange (“NYSE”) under the symbol “IPHI.”
Morgan Stanley & Co. Incorporated, Deutsche Bank Securities Inc. and Jefferies & Company, Inc. are acting as joint book-running managers for the offering. Stifel Nicolaus Weisel and Needham & Company, LLC are acting as co-managers.
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 email@example.com; from Deutsche Bank Securities Inc., 100 Plaza One, Jersey City, New Jersey 07311, Attn: Prospectus Department, by calling 800-503-4611 or by emailing firstname.lastname@example.org; or from Jefferies & Company, Inc., 520 Madison Ave., 12th Floor, New York, NY 10022, Attn: Equity Syndicate Prospectus Department, by calling 877-547-6340 or by emailing Prospectus_Department@Jefferies.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.
Inphi Corporation is a fabless 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.