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2003: Purchased submicrometre CMOS fab from [[Philips]] in [[San Antonio]], [[Texas]], to ramp up capacity and support processes down to the 0.25-micrometre level.<ref>{{cite web|title=Maxim Acquires Submicron Wafer Fabrication Facility in San Antonio, Texas|url=http://pdfserv.maxim-ic.com/en/pr/SanAntonio.pdf|publisher=Maxim Integrated Products, Inc.|date=24 October 2003}}</ref>
2003: Purchased submicrometre CMOS fab from [[Philips]] in [[San Antonio]], [[Texas]], to ramp up capacity and support processes down to the 0.25-micrometre level.<ref>{{cite web|title=Maxim Acquires Submicron Wafer Fabrication Facility in San Antonio, Texas|url=http://pdfserv.maxim-ic.com/en/pr/SanAntonio.pdf|publisher=Maxim Integrated Products, Inc.|date=24 October 2003}}</ref>


2007: Purchased 0.18-micrometre fab from [[Atmel]] in [[Irving, Texas|Irving]], [[Texas]], approximately doubling fab capacity.<ref>{{cite web|title=Maxim Announces Acquistion of Wafer Fab Facility in Irving, Texas|url=http://pdfserv.maxim-ic.com/en/pr/irving_050207.pdf|publisher=Maxim Integrated Products, Inc.|date=2 May 2007}}</ref>
2007: Purchased 0.18-micrometre fab from [[Atmel]] in [[Irving, Texas|Irving]], [[Texas]], approximately doubling fab capacity.<ref>{{cite web|title=Maxim Announces Acquisition of Wafer Fab Facility in Irving, Texas|url=http://pdfserv.maxim-ic.com/en/pr/irving_050207.pdf|publisher=Maxim Integrated Products, Inc.|date=2 May 2007}}</ref>


2007: Acquired [[Vitesse Semiconductor]]’s Storage Products Division<ref>[http://pdfserv.maxim-ic.com/en/pr/vitesse_acquisition_complete_102907.pdf Vitesse Acquisition Complete]</ref> in [[Colorado Springs, Colorado|Colorado Springs]], [[Colorado]], adding [[Serial ATA]] (SATA), [[Serial Attached SCSI]] (SAS), and enclosure-management products to Maxim’s product portfolio.
2007: Acquired [[Vitesse Semiconductor]]’s Storage Products Division<ref>[http://pdfserv.maxim-ic.com/en/pr/vitesse_acquisition_complete_102907.pdf Vitesse Acquisition Complete]</ref> in [[Colorado Springs, Colorado|Colorado Springs]], [[Colorado]], adding [[Serial ATA]] (SATA), [[Serial Attached SCSI]] (SAS), and enclosure-management products to Maxim’s product portfolio.

Revision as of 05:27, 20 January 2014

Maxim Integrated
Company typePublic
NasdaqMXIM
IndustrySemiconductors
Founded1983
HeadquartersSan Jose, California
USA
ProductsIntegrated Circuits
RevenueIncrease US$2.40 billion (Fiscal 2013)[1]
Increase US$454 million (Fiscal 2013)[1]
Total assetsDecrease US$3.936 billion (Fiscal 2013)[1]
Total equityDecrease US$2.507 billion (Fiscal 2013)[1]
Number of employees
9,300
Websitewww.maximintegrated.com

Maxim Integrated is an American, publicly traded company that designs, manufactures, and sells analog and mixed-signal semiconductor products.[2]

Maxim Integrated develops integrated circuits (ICs) for the industrial, communications, consumer, and computing markets. Headquartered in San Jose, California, the company has design centers, manufacturing facilities, and sales offices throughout the world. In fiscal 2013 Maxim had US$2.40 billion in sales, 9,200 employees, and 35,000 customers worldwide.[1] The company celebrates its 30th anniversary in 2013.

History

Maxim was founded in April 1983.[3] Its nine initial team members had a variety of experience in semiconductors design and sales.[4] Based on a two-page business plan, they obtained US$9 million in venture capital to establish the company.[5] In the first year, the company developed 24 second source products. After that, Maxim designed proprietary products that offered greater differentiation and higher profits.[4]

Logo prior to September 2012

Maxim recorded its first profitable fiscal year in 1987, with the help of a new successful product called MAX232, and posted a profit every year since it went public in 1988. Annual revenue reached US$500 million in fiscal year 1998 and in fiscal 2011 totaled over US$2.47 billion.[2] As of 2011 the company sold a wide variety of analog and mixed-signal devices, with thousands of different products. Of about 9,300 employees, approximately 4,500 were employed in the United States.[6]

Tunç Doluca became chief executive officer in January 2007.[2]

The company celebrates its 30th anniversary in 2013, and is a Fortune 1000 company listed on the NASDAQ 100, Russell 1000, and MSCI USA indices.

Acquisitions

1990: Purchased first wafer fabrication (fab) facility in Sunnyvale, California.

1994: Acquired Tektronix Semiconductor Division in Beaverton, Oregon, giving Maxim high-speed bipolar processes for wireless RF and fiber-optic products.

1997: Purchased an additional wafer fab from IC Works in San Jose, California, to increase fab capacity.

2001: Acquired Dallas Semiconductor in Dallas, Texas, to gain expertise in digital and mixed-signal CMOS design, as well as an additional wafer fab.

2003: Purchased submicrometre CMOS fab from Philips in San Antonio, Texas, to ramp up capacity and support processes down to the 0.25-micrometre level.[7]

2007: Purchased 0.18-micrometre fab from Atmel in Irving, Texas, approximately doubling fab capacity.[8]

2007: Acquired Vitesse Semiconductor’s Storage Products Division[9] in Colorado Springs, Colorado, adding Serial ATA (SATA), Serial Attached SCSI (SAS), and enclosure-management products to Maxim’s product portfolio.

2008: Acquired Mobilygen in Santa Clara, California, to add H.264 video-compression technology to its portfolio.[10]

2009: Acquired Innova Card, headquartered in La Ciotat, France, for the financial transaction terminal semiconductor market.[11]

2009: Acquired two product lines from Zilog, Inc. Maxim purchased the Secure Transactions product line, featuring the Zatara family of single-chip solutions, and the hardware portion of Zilog's Wireless Control product line, whose Crimzon and classic IR solutions are commonly found in universal remote controls.[12]

2010: Acquired privately held Teridian Semiconductor Corporation for approximately $315 million in cash. Teridian was a fabless semiconductor company located in Irvine, California, supplying systems on a chip (SoC) for the smart meter market.[13]

2010: Maxim acquired the technology and employees of Trinity Convergence Limited, a software company based in Cambridge, U.K. Trinity was part of the ecosystem to bring Skype video conferencing to the LCD TV market.

2010: Maxim acquired Phyworks, a supplier of optical transceiver chips for the broadband communications market.[14]

2011: Maxim acquired SensorDynamics, a semiconductor company that develops proprietary sensor and microelectromechanical (MEMS) solutions.[15]

2012: Maxim acquired Genasic Design Systems Ltd., a fabless RF chip company that makes chips for LTE applications.[16]

2013: Maxim acquired Volterra Semiconductor, a company that develops highly integrated solutions for the enterprise, cloud computing, communications, and networking markets.[17]

Products

Maxim designs, manufactures, and sells highly integrated analog, mixed-signal, high-frequency, and digital circuits. Its product portfolio includes categories serving industrial, communications, consumer, and computing markets. Maxim’s product lines include: 1-Wire and iButton devices; amplifiers and comparators; analog switches and multiplexers; audio/video; automotive; clock generation and distribution; analog-to-digital converters; digital-to-analog converters; digital potentiometers; analog filters; high-frequency ASICs; hot-swap and power switching; interface and interconnect; memories (volatile, nonvolatile, multifunction); microcontrollers; military/aerospace; optoelectronics; battery and power management; powerline networking; protection and isolation; real-time clocks; storage products; microprocessor supervisors; T/E carrier and packetized communications; thermal management; voltage references; wireless, RF, and cable.

Temporary delisting

From October 2007 to October 2008, Maxim's common stock was delisted from the Nasdaq Stock Exchange due to the company's inability to file financial statements related to stock option backdating. Maxim's stock was traded over-the-counter and quoted on the Pink Sheets until the company completed its restatement in 2008. Maxim's CFO Carl Jasper resigned due to an investigation into the issue by Maxim's board of directors.[18]

Maxim restated its earnings in September 2008 and was relisted on the Nasdaq Stock Exchange on October 8, 2008.[19][20]

References

  1. ^ a b c d e "2013 Earnings Press Release, Maxim Integrated Products, Inc". Maxim Integrated Products, Inc. 25 July 2013. Retrieved 5 August 2013.
  2. ^ a b c "Maxim at a Glance". Maxim Integrated web site. Retrieved April 27, 2011.
  3. ^ Steve Szirom, InsideChips. Maxim Integrated Products (MXIM). Retrieved March 20, 2012.
  4. ^ a b "Engineering Success: Maxim Integrated Products Celebrates 25 Years of Growth and Innovation". San Jose Magazine. July 2, 2008. Archived from the original on July 20, 2008. Retrieved April 27, 2011.
  5. ^ Danny Wool, Maxim Moving to San Jose. Jan 27, 2011. Retrieved March 20, 2012.
  6. ^ "Annual Report For the Fiscal Year Ended June 26, 2010" (PDF). Maxim Integrated Products. Retrieved October 11, 2011. US Securities and Exchange Commission Form 10-K File Number 001-34192
  7. ^ "Maxim Acquires Submicron Wafer Fabrication Facility in San Antonio, Texas" (PDF). Maxim Integrated Products, Inc. 24 October 2003.
  8. ^ "Maxim Announces Acquisition of Wafer Fab Facility in Irving, Texas" (PDF). Maxim Integrated Products, Inc. 2 May 2007.
  9. ^ Vitesse Acquisition Complete
  10. ^ "Maxim Integrated Products Announces Acquisition of Digital Video Leader Mobilygen" (PDF). Maxim Integrated Products, Inc. 14 October 2008.
  11. ^ "Maxim Integrated Products Acquires Innova Card" (PDF). Maxim Integrated Products, Inc. 22 January 2009.
  12. ^ "Maxim Announces Acquisition of Two Product Lines from Zilog, Inc" (PDF). Maxim Integrated Products, Inc. 19 February 2009.
  13. ^ "Maxim to Acquire Teridian" (PDF). Maxim Integrated Products, Inc. 12 April 2010.
  14. ^ "Maxim Acquires Phyworks" (PDF). Maxim Integrated Products, Inc. 8 September 2010.
  15. ^ "Maxim Acquires SensorDynamics". Maxim Integrated Products, Inc. 18 July 2011.
  16. ^ Peter Clarke, EE Times. "Maxim acquires LTE chip firm." January 22, 2012. Retrieved January 24, 2012.
  17. ^ "Maxim Integrated Completes Acquisition of Volterra Semiconductor Corporation". Maxim Integrated. 1 October 2013.
  18. ^ "Maxim CFO Resigns amid Options Probe", CFO Accessed January 12, 2009.
  19. ^ "Maxim Completes Restatement of Financial Statements". BNET: The CBS Interactive Business Network. September 2008. Retrieved April 13, 2011.
  20. ^ "Maxim Integrated Products, Inc. (MXIM) to Conduct NASDAQ Stock Market Closing Bell Remotely from Maxim's Headquarters in Sunnyvale, California". NASDAQ OMX GlobeBewsWire. October 7, 2008. Retrieved April 13, 2011.