Strong corporate backing for Israel and US-based computer processor company Wintegra is expected to lead to its flotation at the second time of asking.

Strong corporate backing for Israel and US-based computer processor company Wintegra is expected to lead to its flotation at the second time of asking.

Wintegra said it had filed for a US initial public offering with joint book-running by Barclays Capital and Deutsche Bank. The company said it had not decided on the number of shares or price range but media reports said Wintegra could raise $115m in its IPO.

The company had $12m in revenue last year, twice…

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