Audience Files For $75 Million Dollar IPO

audience

In the age of billion dollar IPO’s, Paul Allen backed Audience, a microprocessor company based in Silicon Valley, has filed for an initial public offering to the beat of $75 million dollars.

In their S1 filing Audience said  “Our products enable a more consistent voice and audio experience, regardless of the use case or surrounding noise environment.”  Audience will be traded on the NASDAQ with the ticker symbol ADNC.

Although they aren’t as well know as Qualcomm, Intel, Texas Instruments or NVIDIA, Audience claims that they have sold 135 million mobile and tablet processors to OEM’s like Samsung and HTC and carriers as large as AT&T and DoCoMo. Audience’s first processor went on the market in 2008 and was announced at the CTIA mobile show that year.

source: VB

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