China-based semiconductor company Montage Technology files for a $115 million IPO

Montage Technology Group, a China-based fabless provider of analog and mixed-signal semiconductor solutions for set-top boxes, filed on Wednesday with the SEC to raise up to $115 million in an initial public offering. The Shanghai, China-based company, which was founded in 2004 and booked $90 million in sales for the 12 months ended June 30, 2013, plans to list on the NASDAQ under the symbol MONT. Montage Technology Group initially filed confidentially on April 8, 2013. Deutsche Bank, Barclays and Stifel are the joint bookrunners on the deal. No pricing terms were disclosed.