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Google-backed InnoLight Technology files for a $100 million IPO

June 18, 2015

InnoLight Technology, which manufactures high-speed optical transceivers for data networks, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.

Google (NASDAQ: GOOGL) is the company's largest shareholder and customer.

The Suzhou, China-based company, which was founded in 2008, plans to list on the NASDAQ under the symbol INLT. InnoLight Technology initially filed confidentially on 3/25/2015. Credit Suisse and Barclays are the joint bookrunners on the deal. No pricing terms were disclosed.