Strong corporate backing for Israel and US-based computer processor company Wintegra is expected to lead to its flotation at the second time of asking.
Wintegra said it had filed for a US initial public offering with joint book-running by Barclays Capital and Deutsche Bank. The company said it had not decided on the number of shares or price range but media reports said Wintegra could raise $115m in its IPO.
The company had $12m in revenue last year, twice its $6m turnover in 2008.
Wintegra had withdrawn a previous $65m IPO registration in 2006 three years after its series C funding round of $13m that took the total raised to $39m, according to news provider VentureWire.
Although the series C round was led by an undisclosed European investment group, its public backers have been venture capital firms Magnum Communications, Concord Ventures and Genesis Partners along with chip peer Texas Instruments and China Development Industrial Bank.
Texas Instruments and US chip peer PMC-Sierra have both signed strategic relationships with Wintegra along with communications equipment vendors Alcatel-Lucent, Cisco, Ericsson, Huawei, Nokia-Siemens Networks and Tellabs.