Sunnyvale-Based Cortina Systems Files to Raise $100 Million in IPO

Sunnyvale, Calif. -- Cortina Systems, a Sunnyvale-based developer of communications semiconductors used in networks, has filed with the Securities and Exchange Commission (SEC) to raise up to $100 million in its initial public offering (IPO). Details of the offering, such as the number of shares to be sold or their expected price range, have not yet been determined, nor has the company's trading symbol or listing exchange. Cortina makes carrier-class semiconductor devices for optical transport and passive optical network systems, as well as data center connectivity and digital home products. The company currently boasts more than 800 customers, including Alcatel-Lucent, Cisco Systems, Ericsson, FiberHome Technologies Group, Fujitsu Limited, Juniper Networks, Nokia Siemens Networks and ZTE.
http://www.cortina-systems.com/
http://www.sec.gov/Archives/edgar/data/1164975/000119312511067593/ds1.htm