Tuesday 28 June 2022

*UKHotViews Extra* Will the IPO prove to be a fab choice for ‘fabless’ EnSilica?

logoMy first question to Ian Lankshear, co-founder and CEO of Abingdon-based ‘fabless’ ASIC (Application Specific Integrated Circuit) design and supply firm, EnSilica, was “why IPO now?”.

I was on a call with Lankshear and his minder, sorry executive chairman, Mark Hodgkins, following my recent post on their AIM launch (see Fabless EnSilica looks for fab launch on AIM). My concern was that EnSilica is still very small – under £9m in revenues last year – and loss-making. Wouldn’t remaining private and therefore out of the glare of the public eye (let alone the £200k a year or more involved in maintaining an AIM listing) be a better option for now?

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Posted by Anthony Miller at '17:15' - Tagged: ipo   scaleup