NeoPhotonics, a San Jose, Calif.-based maker of optical components using laser-reactive deposition, has filed for a $115 million IPO. It plans to trade on the Nasdaq under ticker symbol NPTN, with J.P. Morgan and Deutsche Bank Securities serving as co-lead underwriters.
The company reports $155 million in 2009 revenue, compared to $133 million in 2008 and nearly $96 million in 2007. Its 2009 net loss was $6.8 million, down from $28 million in 2008.
NeoPhotnics has raised over $240 in VC funding, including a 2004 recap round. Shareholders include Oak Investment Partners, Draper Fisher Jurvetson, Concord Ventures, International Finance Corp. and ATA Ventures. www.neophotonics.com
If you do not receive this within five minutes, please try and sign in again. If the problem persists, please
email: subscriptions@peimedia.com.