circuits that enable users to store and transmit digital information at high speeds, has filed to raise up to $75 million in an initial stock sale.

The company said its circuits provided an important interface between analogue signals and digital information used in computing and communications systems and said it was already developing products for the gigabit ethernet market.

"In addition, we are committing resources to the development of products for the wireless communications and cable modem markets,'' Marvell said in a preliminary prospectus filed with the Securities and Exchange Commission.

That prospectus did not reveal how many shares the company plans to sell or the expected price range, details expected in future filings.

Marvell said it expected to use the proceeds from the offering for working capital, capital spending and general corporate purposes as well as possible acquisitions or investment.

The Bermuda-based firm had about $81.3 million in net revenue in the year ended January 31 and posted $13.1 million in net income, according to the prospectus.

Its biggest customers recently have included Samsung Co., Seagate Technology Inc. and Hitachi Ltd.

The $75 million figure in the IPO filing is merely a basis for calculating the SEC registration fee, the company said.

It will apply to list its shares on Nasdaq under the symbol MRVL once it goes public.

Goldman, Sachs & Co., J.P. Morgan & Co. and Robertson Stephens are the underwriters for the IPO.