iWatt officially withdraws IPO following acquisition by Dialog Semiconductor

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iWatt, a provider of power management integrated circuits, withdrew its plans for an initial public offering on Monday. The company announced that it would be acquired by Dialog Semiconductor in July 2013. The Campbell, CA-based company was founded in 1999 and had not updated its filing since August 2012. Barclays and UBS Investment Bank 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

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