All set to be listed on the London Stock Exchange’s AIM market, EnSilica has raised £6 million (USD 7.4m) through a placing and subscription of 12,000,000 Ordinary Shares at a price of 50p per share and will open with a market capitalisation of £37.6 million (USD 46.6m). ASICs for system developers working across the automotive, satellite and healthcare sectors are designed here.
EnSilica’s CEO, Ian Lankshear said, “Having developed a reputation of excellence and innovation over the past 21 years, we firmly believe our mixed signal and RF design and supply capabilities are ideally placed to further capitalise on the significant demand for ASICs across our key markets.”
AIM is the LSE’s market for small and medium sized growth companies, with over 1,200 companies listed on it.
