Friday, February 20, 2015

eASIC Files For IPO

Santa Clara-based eASIC, which develops programmable ASIC hardware, has filed for an IPO, saying that it is looking to raised $75.0M on the public markets. The company said it intends to list on the NASDAQ Global Market as EASI. The IPO is being underwritten by Morgan Stanley, Deutsche Bank Securities, Rayomnd James, Baird, William Blair, Roth Capital Partners, and Northland Capital Markets. eASIC is backed by Khosla Ventures, Crescendo Ventures, Seagate Technology, Kleiner Perkins Caufield & Byers, Evergreen, and Advanced Equities, among others.