SMART Global Holdings Priced, Nasdaq: SGH

Leading provider of memory modules for smartphones and computers in Brazil.

Industry: Technology

Latest Trade: $30.55 0.00 (0.0%)

First Day Return: +22.3%

Return from IPO: +177.7%

Industry: Technology

We are a global leader in specialty memory solutions, serving the electronics industry for over 25 years. As part of our global business, we have established a leading market position, as measured by market share, in Brazil as the largest in-country manufacturer of memory for desktops, notebooks and servers, as well as mobile memory for smartphones. We also have a leading market position worldwide, as measured by revenue, in specialty memory where we work closely with original equipment manufacturer customers to develop memory solutions, which incorporate customer-specific requirements. We believe our customers rely on us as a strategic supplier due to our customer-specific designs, product quality and technical support, our global footprint and, in Brazil, our ability to provide locally manufactured memory products. We also provide customized, integrated supply chain services to certain OEM customers to assist them in the management and execution of their procurement processes. Our global, diversified customer base includes over 250 end customers such as Cisco Systems, Samsung Electronics, Hewlett Packard Enterprise Company, Dell Technologies and LG Electronics.
more less
IPO News for SMART Global Holdings
more
IPO Data
IPO File Date 04/28/2017
Offer Price $11.00
Price Range $13.00 - $15.00
Offer Shares (mm) 5.3
Deal Size ($mm) $58
IPO Data
IPO Date 05/23/2017
Offer Price $11.00
Price Range $13.00 - $15.00
Offer Shares (mm) 5.3
Deal Size ($mm) $58
Underwriters
more
Company Data
Headquarters Newark, CA
Founded 1988
Employees 1,139
Website www.smartm.com