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Semiconducter equipment maker Verigy files for IPO

March 9, 2006

Verigy, a designer and manufacturer of advanced test systems for the semiconductor industry, registered for an initial public offering Thursday morning. The Singapore-based company generated $456 million in sales with an operating loss of -$105 million for the 2005 fiscal year. Goldman Sachs and Credit Suisse head the quartet of underwriters on the deal. Terms and timing have yet to be announced.