MaxLinear Prices Initial Public Offering

CARLSBAD, Calif.--(BUSINESS WIRE)-- MaxLinear Inc. (NYSE:MXL), a provider of radio frequency (RF) and mixed-signal IC solutions for broadband communications applications, today announced the pricing of the initial public offering of 6,444,100 shares of Class A common stock at a price to the public of $14.00 per share. The shares will begin trading on the New York Stock Exchange on March 24, 2010 under the ticker symbol "MXL." Of the shares of Class A common stock in the offering, MaxLinear is offering 5,148,059 shares and selling stockholders are offering 1,296,041 shares. In addition, MaxLinear and the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 966,614 shares of Class A common stock, with up to an additional 771,469 shares to be sold by MaxLinear and up to an additional 195,145 shares to be sold by the selling stockholders, solely to cover over-allotments, if any.

Morgan Stanley & Co. Incorporated and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. UBS Securities LLC, Thomas Weisel Partners LLC, and Needham & Company, LLC are acting as co-managers.

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on March 23, 2010. This offering is being made solely by means of a prospectus, copies of which may be obtained from: Morgan Stanley & Co. Incorporated, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department, or by calling (866) 718-1649 or by emailing prospectus@morganstanley.com; or by contacting Deutsche Bank Securities Inc., Attn: Prospectus Department, 100 Plaza One, Jersey City, New Jersey 07311, telephone: (800) 503-4611 or e-mail at prospectusrequest@list.db.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About MaxLinear, Inc.

MaxLinear, Inc. is a provider of radio frequency (RF) and mixed-signal IC solutions for broadband communications applications. MaxLinear's high performance RF receiver products capture and process digital and analog broadband signals to be decoded for various applications. MaxLinear's current products enable the display of broadband video in a wide range of electronic devices, including cable and terrestrial set top boxes, digital televisions, mobile handsets, personal computers, netbooks, and in-vehicle entertainment devices. MaxLinear is based in Carlsbad, California.

    Source: MaxLinear Inc.

Released March 23, 2010