The Taiwan-based Gudeng, which manufactures equipment for semiconductors, has become the third Intel Capital company to float this year.
Gudeng Precision Industrial, a Taiwan-based semiconductor equipment manufacturer backed by the US-based corporate venturing unit Intel Capital, went public on Taiwan’s GreTai Securities Market, on 31 August.
Intel Capital became a backer in November 2009, investing an undisclosed amount. Gudeng is the third company in Intel Capital’s portfolio to hold an initial public offering (IPO) this year following the China-based BCD Semiconductor, in January, and the China-based news content provider Phoenix New Media in May.
Keith Larson, vice-president of…
