Seeking Alpha

InvenSense (INVN), a maker of MEMS motion sensing chips, is pricing its IPO at $7.50. Nintendo,...

InvenSense (INVN), a maker of MEMS motion sensing chips, is pricing its IPO at $7.50. Nintendo, which uses InvenSense's chips in Wii controllers, is by far the company's largest customer, though it also sells into the smartphone and tablet markets. InvenSense posted revenue of $78.7M for the 6 months ending Oct. 2, up 83% Y/Y. (S-1)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)