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Thursday, Mar 28, 2024

Inphi In Buying Mood; Eyes IPO

Electronic components manufacturer Inphi Corp. looks to acquire similar companies and take itself public in 2009. Vice President of Sales Ron Torten discussed the company’s growth strategy at the Global Semiconductor Association executive conference in Israel, according to industry publication EE Times. Torten revealed that Westlake-based Inphi is looking for companies globally, but stressed that Israeli companies might be suitable targets for acquisitions, in view of the skilled workforce and the technological diversity at such companies, EE Times said. The resulting growth of the company will lead it to an initial public offering and listing on NASDAQ, probably in 2009, Torten told EE Times.

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