Semiconductors - Wednesday, November 28, 2007
Broadband Over Powerline's Intellon Prices IPO

We still haven't met anyone who is getting their net connectivity via their electrical outlet so it still seems futuristic, however, the market appears to be more mature than we had gauged with a first IPO by a sector playing coming up. Intellon has set its IPO terms at 7.5M common shares being offered at $9 - 11 per share and could have an initial market cap of $329M at the high end of its range.
Intellon makes chipsets that are used to enable net connectivity via regular power outlets.
For the year ended 2006, the company posted revenue of $33.7M on net loss of $7.8M compared with revenue of $16.6M on net loss of 12.5M in 2005. The Ocala, FL-based company said it applied for a Nasdaq listing under the symbol "ITLN." Shareholders include Fidelity Ventures, EnerTech Capital Partners, Comcast Interactive Capital, Goldman Sachs, Summerhill Ventures and UMC Capital. Intellon has actually been a bit of a slow growth story - it was founded back in 1989 - but the numbers show it is growing fast now.
View - site
More Recent Articles
Not Even Rambo Could Save Rambus From Their Problems
Friday August 29, 2008
Today's gains in the market provided the staff at tech:stocker with some brief comfort but Dell's (DELL:NASDAQ) lackluster earnings report took away any solace we might have been experiencing. It's not that Dell's earnings announcement came as a sur... Full Story
Email/Calendering's PostPath Bought By Cisco For $215M
Friday August 29, 2008
Cisco Systems is paying Mountain View-based PostPath for $215M., a Mountain View, Calif.-based provider of email and calendaring software. PostPath raised $23M in VC funding, from Worldview Technology Partners, Matrix Partners and Jafco Ventures. Th... Full Story
Categories
- Venture Capital (274)
- Advertising (370)
- Aircraft (15)
- Alternative Energy (202)
- ASP (38)
- Batteries (9)
- Biometrics (3)
- Communications (54)
- Digital Hollywood (16)
- Digital Home (32)
- eCommerce (392)
- Educational Software (19)
- eHealth (23)
- Email Software (5)
- Enterprise Software (227)
- Euro Ventures (80)
- File Sharing (21)
- Financial Software (24)
- Games (157)
- Hardware (44)
- Homeland Security (7)
- IMterviews (6)
- IPO (35)
- Jobs (40)
- Media (305)
- Nanotechnology (14)
- Networking (91)
- News & Updates (1384)
- Online (5)
- Peripherals (36)
- Photo Software (44)
- Publishing (7)
- RFID (3)
- Robots (15)
- Satellites (7)
- Search (188)
- Security (87)
- Semiconductors (68)
- Social Networking (378)
- Space (1)
- Sponsored Post (11)
- Storage (32)
- Tech stocks (32)
- Telecom Equipment (10)
- Video (204)
- Voice (64)
- Web 2.0 (101)
- Web Development (5)
- Where Are They Now (29)
- Wireless (347)







Post a comment