Hot Start-ups 1 min read

Atheros Files for IPO

Atheros Communications, a start-up based in Sunnyvale, California, filed a registration statement with the Securities and Exchange Commission for an initial public offering of up to $100 million of common stock. Atheros develops 802.11 WLAN silicon.
http://www.atheros.com

  • Atheros Communications was founded in May 1998 by Teresa H. Meng, a professor at Stanford University. Its engineering team also
    includes Rick Bahr, formerly the vice president of engineering for scalable systems development at Silicon Graphics (SGI).
  • Atheros has raised a total of $98.3 million in three rounds of funding.

  • In June 2003, Atheros broke the 1-million unit mark in monthly shipments of its 802.11b/g and 802.11a/b/g WLAN chips.

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