Ambarella Files for IPO

EETimes, Business Wire: Ambarella announced that it has filed a registration statement for a proposed IPO. The number of shares to be offered and the price range for the offering have not yet been determined. Morgan Stanley and Deutsche Bank are acting as the joint book-running managers for the offering. Stifel, Nicolaus & Company and Needham & Company are acting as co-managers for the offering.

So, soon we might have a second publicly traded company specializing in image processors. The first one was Mtekvision, traded on KOSDAQ.

Thanks to S.S. for sending me the news!