IPO Watch: Wintegra Going Public (IKAN)

EE Times reports that Wintegra, a fabless semiconductor and software company developing access processors, has selected CSFB and Goldman Sachs as lead underwriters in its planned $75 million IPO. The company is targeting a $300-$350 million valuation. Wintegra recently announced a joint venture with U.K.-based picoChip to develop reference designs for a new generation of WiMAX basestations, and has joined with Ikanos Communications to develop a VDSL2 line card reference platform that targets access equipment designers.