Chipmaker Atheros files paperwork to have a public stock offering: News.com's Richard Shim reports that Atheros filed papers Nov. 26 to raise about $100 million in an initial public offering. The company had nearly $50 million in revenue in the first nine months of 2003 compared to $16.5 million in the same period last year, while that period's losses this year were about $12 million versus $16 million last year.
Before Comdex, competitor Broadcom launched a broadside against Atheros's chipsets with the Super G Turbo mode turned on for 108 Mbps speeds. While Broadcom says the complaint isn't directly connected to Atheros, but rather with out-of-standards hardware in general, Atheros is in the target because of it was well-known the company was ready to launch its IPO.