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S&P 500 Component
|Traded as||NASDAQ: MCHP|
|Headquarters||Chandler, Arizona, USA|
|Steve Sanghi, President & CEO
J. Eric Bjornholt, CFO
Ganesh Moorthy, COO
|Revenue||$1.931 billion (2014)|
Number of employees
|8,604 (2014) |
Microchip Technology is an American manufacturer of microcontroller, memory and analog semiconductors. Its products include microcontrollers (PICmicro, dsPIC / PIC24, PIC32), Serial EEPROM devices, Serial SRAM devices, KEELOQ devices, radio frequency (RF) devices, thermal, power and battery management analog devices, as well as linear, interface and mixed signal devices. Some of the interface devices include USB, ZigBee/MiWi, Controller Area Network, and Ethernet.
Corporate headquarters is located at Chandler, Arizona with wafer fabs in Tempe, Arizona and Gresham, Oregon, and assembly/test facilities in Chachoengsao, Thailand. Sales for the fiscal year ending on March 31, 2014 were $1,931,217,000.
Among its chief competitors are Analog Devices, Atmel, Freescale (spin-off from Motorola), Infineon, Maxim Integrated Products, NXP Semiconductors (spin-off from Philips), Renesas Electronics, STMicroelectronics, and Texas Instruments.
Microchip Technology was founded in 1987 when General Instrument spun off its microelectronics division as a wholly owned subsidiary. Microchip Technology became an independent company in 1989 when it was acquired by a group of venture capitalists, and went public in 1993.
In April 2009, Microchip Technology announced the nanoWatt XLP Microcontrollers (With World’s Lowest Sleep Current). Microchip Technology had sold more than 6 billion microcontrollers as of 2009.
As of 2011, Microchip Technology ships over a billion processors every year. In September 2011, Microchip Technology shipped the 10 billionth PIC microcontroller.
In August 2012, Microchip acquired Standard Microsystems Corporation (SMSC). Among SMSC's assets were those it had previously acquired from Symwave, a start-up that specialized in USB 3.0 chips, and two hi-fi wireless audio companies—Kleer Semiconductor and Wireless Audio IP BV.
Microchip is widely known for their line of PICMicro microcontrollers, and their MCU-related product line includes:
- PIC Microcontrollers
- Computer software
- Development hardware
The Microchip product line of integrated circuits include:
- Memory storage devices
- Interface devices
- Power management devices
- Battery charge controllers (Li-Ion, NiMH, Multi-Chemistry)
- Power MOSFETs
- Voltage regulators
- Motor drivers
- PWM-based controllers
- DC motor controllers
- BLDC motor controllers
- Touch sensing
- mTouch (capacitive sensor technology)
- RightTouch (turn-key capacitive sensor technology)
- GestIC (3D Tracking and gesture detection technology)
- Haptics (Eccentric Rotating Mass (ERM) actuators)
- Ultrasound devices
- Ultrasound switches
- Ultrasound transmitters
HI-TECH Software was an Australian-based company that provides ANSI C compilers and development tools. Founded in 1984, the company is best known for its HI-TECH C PRO compilers with whole-program compilation technology, or Omniscient Code Generation (OCG). HI-TECH Software was bought by Microchip on 20 February 2009, whereupon it refocused its development effort exclusively on supporting Microchip products.
Supported manufacturers and architectures :
- Microchip PIC10, PIC12, PIC14, PIC16, PIC18, PIC24, PIC32 and dsPIC
- Cypress PSoC's
- Silicon Laboratories MCUs
- 8051 MCUs
- Z80 for CP/M and Z80 cross compiler.
Silicon Storage Technology
Silicon Storage Technology, Inc. (SST) was a Sunnyvale, California, USA, technology company producing non-volatile memory devices and related products. SST supplies of NOR flash and other integrated circuits for high-volume applications.
At the 1992 Fall COMDEX trade show, SST introduced the first single-board 30 MB 2.5” solid-state drive with standard hard-disk ATA interface and a 5 MB PC Card memory card with built-in controller and firmware.
In 1993, SST moved its headquarters to Sunnyvale. That same year, SST introduced its first SuperFlash technology products, with lower costs and faster write speeds. By the end of 1995, more than 90% of the PC motherboards produced in Taiwan had adopted SST's 1 Mbit SuperFlash EEPROM product for the BIOS storage. The company had its initial public offering November 21, 1995, trading on the NASDAQ market under the symbol SSTI. Analytical models of SuperFlash were published. A five year licensing agreement was announced in January 1999 with Acer Inc.. A 1997 lawsuit filed by Intel was settled in May 1999 after mediation.
In 2004, SST began to diversify beyond flash memory products, targeting consumer and industrial products with embedded solid-state data storage and RF wireless communication. In September 2004 SST purchased a majority stake in Emosyn, which designed products for SIM cards. In October it announced the acquisition of G-Plus, based in Santa Monica, California.
SST had its stock option grant practices investigated by the US Securities and Exchange Commission, ending in June 2008. It determined it needed to restate earnings, and was giving a de-listing notice by NASDAQ for filing late reports from 2006 through 2007. Business slowed in the Great Recession.The company announced a loss on reduced revenues, reducing its workforce by 17% in December 2008.
In November 2009, Technology Resource Holdings offered to acquire the company for about $200 million, but a group of shareholders thought it was undervalued. Starting in February 2010, private equity firm Cerberus Capital Management and public company Microchip Technology both made offers to acquire SST. In April 2010, Microchip completed the acquisition for about $292 million. Microchip sold several SST flash memory assets to Greenliant Systems (founded by Yeh) in May that year.
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