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
and J.P. Morgan
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.

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