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Semiconductor test systems maker Verigy sets IPO terms

June 1, 2006

Verigy, a designer and manufacturer of advanced test systems for the semiconductor industry, announced terms for its IPO on Thursday. According to an amended SEC filing, the company plans to offer 8.5 million shares at a range of $16-18 and has a proposed market cap of roughly $1 billion. Lead underwriter Goldman Sachs has yet to set a pricing date for this deal.