Benzinga  Jul 10  Comment 
In a note released Thursday morning, Rosenblatt analyst Brian Blair said it's likely InvenSense (NYSE: INVN) has won designs for Apple's (NASDAQ: AAPL) iPhone 6, iWatch and refreshes of the iPad and iPad mini. Blair said the addition of Apple...
Motley Fool  Jul 9  Comment 
The chip company just spent nearly two-thirds of its cash on two firmware makers
SeekingAlpha  Jul 9  Comment 
ByEsekla: Back in October, I correctly predicted that InvenSense (INVN) would transition itself into an SoC designer. The company's recent $81M purchase of Movea and TPI, two motion processing tech firms, shows just how long a road that will be....
StreetInsider.com  Jul 8  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Invensense+%28INVN%29+Will+Pay+Up+to+%2436M+for+Trusted+Positioning/9645838.html for the full story.
StreetInsider.com  Jul 8  Comment 
* Following the announcement on June 25, 2014, where AbbVie (NYSE: ABBV) outlined its strong strategic rationale and commitment regarding a combination with Shire (Nasdaq: SHPG), AbbVie and its financial adviser have met with, or spoken to, a...
Motley Fool  Jul 8  Comment 
Shares of a hot tech stock continue to power higher on reports that Apple will be broadly adopting its products.
SeekingAlpha  Jul 8  Comment 
By Bruce Krulwich: InvenSense (INVN) announced yesterday that they are acquiring two start-up companies, both in the area of motion sensing and location tracking. The technologies from these two companies, Movea and Trusted Positioning, join...
SeekingAlpha  Jul 8  Comment 
By Ayush Singh: InvenSense (INVN) has been trying hard to land a slot in Apple's (AAPL) devices, but up till now, the company's efforts have been a waste. However, recent reports indicate that InvenSense may have finally landed a spot in Apple's...
Motley Fool  Jul 7  Comment 
The stock market fell back on Monday from its record highs set last week, but these three stocks managed to buck the trend and end higher. Find out why.
StreetInsider.com  Jul 7  Comment 
52-Week High: InvenSense (Nasdaq: INVN) $24.60. InvenSense continuing from gains last week on speculation its MEMS chips might make it into Apple's iPhone 6. Shares rose 8.6 percent on Monday's session. Apple Inc. (Nasdaq: AAPL) $95.81. ...


InvenSense (NYSE:INVN) is a technology company which specializes in motion processing devices. They build the chips which are used in gaming devices, smartphones, tablets, video cameras, navigation devices, and other electronic equipment which detect, measure and analyze motion. InvenSense sells a range of processor which vary in degrees of motion it can detect. The company believes that motion detection will continue to expand into mobile devices, toys and game controllers.[1]

Business Overview

For the full year 2011, InvenSense's total revenue was $96.5M. This was an increase over the $79.6M announced in 2010. Net income for 2011 was $9.3M, a decrease from the $15.5M in 2010. The drop was caused largely by a rise in Selling, General & Administrative Expenses (SG&A).[2]

New Updates

The company's initial public offering of stock on the NYSE occurred on November 15, 2011. The company offered 10M shares each for $7.50. This was within the revised $7-$8.50 price range. The company had originally announced that it would sell 10.5M shares within a $8.50-$10.50 range. The deal raised a total of $75M. The lead mangers of the deal were Goldman and Morgan Stanley.[3]

Trends & Forces

Dependence on certain customers

InvenSense has historically received the majority of its revenue from Nintendo (NTDOY) through the sale of chips used in the Wii. A disruption to the Wii's strong sales would have a substantial impact on InvenSense. As a result, the company's performance will be dependent on its ability to transition to other industries or companies. This depends both on the growth of the market for motion sensing devices as well as the ability to develop relations with new companies.[4][5]

  1. INVN S-1?A 2011 PROSPECTUS SUMMARY "Overview" pp.1-2
  2. INVN S-1?A 2011 PROSPECTUS SUMMARY "Consolidated Statement of Operations Data" pp.8
  3. Renaissance Capital - IPO Home "Fabless chip supplier InvenSense prices IPO at $7.50, within the $7-$8.50 range" 15 Nov 2011
  4. Seeking Alpha - "IPO Preview: InvenSense Looks Like A Bargain" 17 Nov 2011
  5. INVN S-1?A 2011 PROSPECTUS SUMMARY "Risk Factors" p. 4
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