Kamran Elahian

Mid-sized and rounded by his successes, Kamran Elahian comes across as jolly, even cherubic. And Elahian has much to be happy about, despite the lingering high-tech doldrums that have complicated his life as a Silicon Valley entrepreneur. He has launched or co-founded 10 companies and a capital investment firm, and they've made him a multimillionaire.

Mid-sized and rounded by his successes, Kamran Elahian comes across as jolly, even cherubic. And Elahian has much to be happy about, despite the lingering high-tech doldrums that have complicated his life as a Silicon Valley entrepreneur. He has launched or co-founded 10 companies and a capital investment firm, and they've made him a multimillionaire.

NeoMagic Corp., a semiconductor company founded by several former executives of Cirrus Logic Inc., plans to raise about $34.5 million through an initial public offering. The Santa Clara company filed with the Securities and Exchange Commission to sell common shares. The company will disclose the size of the IPO and the share price in a supplemental filing. NeoMagic, founded in 1993, manufactures semiconductor chips known as accelerators for notebook computers.