December 28, 2011 — The Global Semiconductor Alliance (GSA) released its Global Semiconductor Funding, IPO and M&A Update for November 2011, showing that initial public offerings surged in the month, with 3 semiconductor companies entering the stock market.
November saw three semiconductor companies price initial public offerings (IPO): Cirtek Holdings Philippines Corporation (PSE:CHIPS), Intermolecular Inc. (NASDAQ:IMI), and InvenSense Inc. (NYSE:INVN).
Seven semiconductor companies raised $22.2 million in November, the same amount as October 2011. November