SAN JOSE, USA: Parade Technologies Ltd, a leading supplier of mixed-signal ICs for a variety of popular display and high-speed interface standards, announced that public trading of its shares will begin today as a result of the company’s initial public offering (IPO). The fabless semiconductor company is being publicly listed on Taiwan’'s GreTai Securities Market (GTSM). Parade'’s portfolio of IC products serves the growing demand for HDMI™, DisplayPort™, SATA, and USB ICs used in computers, consumer electronics and display panels.
“Parade is excited to cross this important milestone in our corporate development,” explains Jack Zhao, chairman and CEO at Parade Technologies. “The IPO will enable Parade to expand product offerings and marketing efforts.”
Founded in 2005, Parade received venture capital from strategic investors, including Intel Capital, UMC, Asia Vest Partners and Legend Capital. The company’s IPO was led by underwriter Mega Securities Co. Ltd in Taiwan.
Tuesday, September 13, 2011
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