The integrated circuit producer, which has raised more than $195m from investors including GlobalFoundries, Cisco, Intel, LSI and Xilinx, has filed for an $86m IPO.
US-based connectivity technology provider Aquantia Corp has filed to raise up to $86.3m in an initial public offering that will enable corporates Cisco, GlobalFoundries, Intel, LSI and Xilinx to exit.
Aquantia develops and manufactures high-speed integrated circuits for use in ethernet connectivity, helping to bridge data sent through analogue signals in wired infrastructure to digital information required for computing and networking devices.
The company increased its revenue for the first half of the year from $41.4m in 2016 to $48.8m…
