Chips & Technologies Inc, San Jose building block chip set designer filed to offer 3.35m shares, 3m of them new to raise cash to invest to secure foundry capacity. Hambrecht & Quist LLC underwrites.
Pixar Inc, Steve Jobs’ Richmond, California digital animation studio for feature films and CD-ROM titles, has finally come down to the flotation wire, and filed with the US Securities & Exchange Commission to go public with an initial offer of 6m shares, all new, at a target price of $12 to $14 a time, but did not give plans for the cash. Robertson, Stephens & Co LP, Hambrecht & Quist LLC and Cowen & Co are managing underwriters for the offer.
Softbank Corp is to offer 2.8m new shares in a public offering to raise $630m net – and even that will only cover part of the cost of acquiring a company in the computer peripherals business, Softbank said. It said it was in talks on the takeover, but did not reveal the target’s name or other details. No underwriters were named for the issue.
