Sunnyvale, CA (PRWEB) May 24, 2011
InvenSense, Inc., the pioneer and a global market leader in intelligent motion processing solutions, today announced that it has filed Amendment No. 1 to its registration statement on Form S-1 with the United States Securities and Exchange Commission for the proposed initial public offering of its common stock, initially filed on June 28, 2010. The number of shares to be offered and the price range for the offering have not yet been determined.
Goldman, Sachs & Co. and Morgan Stanley & Co. Incorporated are acting as joint book-running managers for the offering. Oppenheimer & Co. Inc., Piper Jaffray & Co., Robert W. Baird & Co. Incorporated and ThinkEquity LLC are acting as co-managers for the offering.
When available, a copy of the preliminary prospectus may be obtained from Goldman, Sachs & Co., via telephone: (866) 471-2526; facsimile: (212) 902-9316; email: prospectus-ny(at)ny.email.gs(dot)com; or standard mail at Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282; and from Morgan Stanley & Co. Incorporated, via telephone: (866) 718-1649; email: prospectus(at)morganstanley(dot)com; or standard mail at Morgan Stanley & Co. Incorporated, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
InvenSense is the leading solution provider of MotionProcessors for the consumer electronics market. The company’s patented and patent pending MotionProcessing technology and Nasiri-Fabrication platform address the emerging needs of many mass-market consumer applications such as gaming, image stabilization, remote controls, tablets and smartphones that require improved performance, enhanced features, and new and more intuitive motion and gesture-based user-interface solutions. InvenSense is a privately held company with headquarters located in Sunnyvale, California. More information can be found at http://www.invensense.com.
For Inquiries, Contact:
Jim Callas, Interim Chief Financial Officer
© 2011 InvenSense, Inc. All rights reserved. InvenSense, MotionProcessing, MotionProcessor, Nasiri-Fabrication, MotionFusion, MotionApps, and the InvenSense logo are trademarks of InvenSense, Inc. Other company and product names may be trademarks of the respective companies with which they are associated.
# # #