Telegent Systems files $250 million IPO

NEW YORK (MarketWatch) — Telegent Systems Inc. late Monday filed to raise up to $250 million in an initial public offering with underwriters Goldman Sachs
GS,
-0.10%
and J.P. Morgan
JPM,
+0.44%.
The Sunnyvale, Calif. television-on-a-chip specialist plans to trade on the Nasdaq under the symbol TLG. Principal shareholders in the company include entities affiliated with New Enterprise Associates, Walden International and Index Ventures.

View more information: https://www.marketwatch.com/story/telegent-systems-files-250-million-ipo-2009-11-24

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