San Jose-Based Nextest Systems Files for $80 Million IPO

San Jose, Calif. -- Nextest Systems, a San Jose-based maker of automated
test equipment systems for the semiconductor industry, has filed with the
Securities and Exchange Commission to raise $80 million in an upcoming
initial public offering (IPO). Specific details such as the number of shares
to be offered or price range have yet to be determined. The company has
applied to list its stock on the Nasdaq National Market under the symbol
"NEXT." Nextest's systems are predominantly used by customers to test
semiconductors found in a range of consumer products, such as portable
music players, cell phones, digital cameras and USB flash drives.
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