Chip connectivity firm Astera Labs ups deal size by 29% ahead of $653 million IPO
Astera Labs, which designs advanced chip-based connectivity products used in data centers, raised the proposed deal size for its upcoming IPO on Monday. The Santa Clara, CA-based company now plans to raise $653 million by offering 19.8 million shares (15% secondary) at a price range of $32 to $34. The company had previously filed to offer 17.8 million shares (17% secondary) at a...read more