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MaxLinear Closes IPO

March 30, 2010 (FinancialWire) — MaxLinear, Inc. (NYSE: MXL), a provider of radio frequency and mixed-signal IC solutions for broadband communications applications, said it has closed its initial public offering of 6,444,100 shares of class A common stock at a price to the public of $14.00 per share.

In connection with the initial public offering, the underwriters exercised in full their option to purchase an additional 966,614 shares of class A common stock from the company and selling stockholders.

As a result, the total initial public offering size was 7,410,714, which consisted of 5,919,528 shares of class A common stock sold by the company, and the remaining 1,491,186 shares of class A common stock sold by the selling stockholders.

MaxLinear will not receive any proceeds from the sale of shares by the selling stockholders. The shares of class A common stock are traded on the New York Stock Exchange under the ticker symbol “MXL.”

Morgan Stanley and Deutsche Bank Securities acted as joint book-running managers for the offering.

California-based MaxLinear’s RF receiver products capture and process digital and analog broadband signals to be decoded for various applications.

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