More from Renaissance Capital

Cortina Systems files to withdraw $100 million IPO

By Renaissance Capital,  September 20, 2012, 05:39:05 PM EDT

Cortina Systems, a fabless semiconductor company that offers network connectivity and efficient bandwidth delivery, withdrew its plans for an initial public offering on Thursday. The Sunnyvale, CA-based company was founded in 2001 and booked $144 million in sales for the 12 months ended 3/31/2011. Cortina Systems had not filed a document with the SEC since June of 2011. J.P. Morgan and Barclays were set to be the joint bookrunners on the deal.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, IPOs

Referenced Stocks: CRTN



Latest News Video



Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.24 0.03  0.23%
FB $ 24.32 0.74  2.95%
SIRI $ 3.58 0.04  0.99%
GE $ 23.53 0.13  0.55%
PFE $ 29.04 0.07  0.24%
MSFT $ 34.27 0.12  0.35%
INTC $ 23.93 0.12  0.50%
P $ 16.43 0.73  4.25%