|Traded as||NASDAQ: MXIM|
|Headquarters||San Jose, California
|Revenue||US$2.40 billion (Fiscal 2013)|
|Net income||US$454 million (Fiscal 2013)|
|Total assets||US$3.936 billion (Fiscal 2013)|
|Total equity||US$2.507 billion (Fiscal 2013)|
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. The company celebrated its 30th anniversary in 2013.
Maxim was founded in April 1983. Its nine initial team members had a variety of experience in semiconductors design and sales. The founding team included Jack Gifford, an industry pioneer since the 1960s; Fred Beck, an IC sales and distribution pioneer; Dave Bingham, General Electric’s Scientist of the Year in 1982; Steve Combs, a pioneer in wafer technologies and manufacturing; Lee Evans, also a pioneer in CMOS analog microchip design and General Electric’s Scientist of the Year in 1982; Dave Fullagar, inventor of the first internally compensated operational amplifier circuit; Roger Fuller, yet another pioneer in CMOS microchip design; Rich Hood, development director for some of the first microprocessor-controlled semiconductor test systems; and Dick Wilenken, who is acknowledged as the father of key analog switch and multiplexer technologies. Based on a two-page business plan, they obtained US$9 million in venture capital to establish the company. In the first year, the company developed 24 second source products. After that, Maxim designed proprietary products that offered greater differentiation and higher profits.
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. As of 2011[update] 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.
Tunç Doluca became chief executive officer in January 2007.
The company celebrated its 30th anniversary in 2013, and is a Fortune 1000 company listed on the NASDAQ 100, Russell 1000, and MSCI USA indices.
1990: Purchased first wafer fabrication (fab) facility in Sunnyvale, California.
2007: Acquired Vitesse Semiconductor’s Storage Products Division in Colorado Springs, Colorado, adding Serial ATA (SATA), Serial Attached SCSI (SAS), and enclosure-management products to Maxim’s product portfolio.
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.
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.
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.
2012: Maxim acquired Genasic Design Systems Ltd., a fabless RF chip company that makes chips for LTE applications.
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.
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.
- "2013 Earnings Press Release, Maxim Integrated Products, Inc". Maxim Integrated Products, Inc. 25 July 2013. Retrieved 5 August 2013.
- "Maxim at a Glance". Maxim Integrated web site. Retrieved April 27, 2011.
- Steve Szirom, InsideChips. Maxim Integrated Products (MXIM). Retrieved March 20, 2012.
- "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.
- Danny Wool, Maxim Moving to San Jose. Jan 27, 2011. Retrieved March 20, 2012.
- "Annual Report For the Fiscal Year Ended June 26, 2010". Maxim Integrated Products. Retrieved October 11, 2011. US Securities and Exchange Commission Form 10-K File Number 001-34192
- "Maxim Acquires Submicron Wafer Fabrication Facility in San Antonio, Texas". Maxim Integrated Products, Inc. 24 October 2003.
- "Maxim Announces Acquisition of Wafer Fab Facility in Irving, Texas". Maxim Integrated Products, Inc. 2 May 2007.
- Vitesse Acquisition Complete
- "Maxim Integrated Products Announces Acquisition of Digital Video Leader Mobilygen". Maxim Integrated Products, Inc. 14 October 2008.
- "Maxim Integrated Products Acquires Innova Card". Maxim Integrated Products, Inc. 22 January 2009.
- "Maxim Announces Acquisition of Two Product Lines from Zilog, Inc.". Maxim Integrated Products, Inc. 19 February 2009.
- "Maxim to Acquire Teridian". Maxim Integrated Products, Inc. 12 April 2010.
- "Maxim Acquires Phyworks". Maxim Integrated Products, Inc. 8 September 2010.
- "Maxim Acquires SensorDynamics". Maxim Integrated Products, Inc. 18 July 2011.
- Peter Clarke, EE Times. "Maxim acquires LTE chip firm." January 22, 2012. Retrieved January 24, 2012.
- "Maxim Integrated Completes Acquisition of Volterra Semiconductor Corporation". Maxim Integrated. 1 October 2013.
- "Maxim CFO Resigns amid Options Probe", CFO Accessed January 12, 2009.
- "Maxim Completes Restatement of Financial Statements". BNET: The CBS Interactive Business Network. September 2008. Retrieved April 13, 2011.
- "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.