M/A-COM Technology IPO watch: The analog chip supplier M/A-COM Technology announced its IPO price of $19 per share, the ceiling of the previously set IPO price range of $17 to $19 per share. The company also increased the issue scale, the number of the shares offered was added from 5 million to 6 million and the amount of financing added by $114 million.
The company plans to go public on the Nasdaq Stock Exchange under the ticker symbol “MTSI.“. Barclays Capital, JP Morgan, Jefferies are acting as the M/A-COM Technology IPO lead underwriter.
The company’s main customers mainly come from the Internet, military, automotive and mechanical industries.