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Home > Company Index > Electronics & Misc. Technology > Semiconductor - Integrated Circuits > Tioga Technologies Ltd.

Tioga Technologies Ltd.
Nasdaq: TIGA
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 NEWS FROM THE WIRES
Israel's Tioga to dual-list on Tel Aviv bourse
Jul 17 2001 05:47 AM PDT

Israel's Tioga to dual-list on Tel Aviv bourse
Jul 17 2001 05:47 AM PDT

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 PROFILE
"Tioga" comes from an Iroquoian word meaning "at the forks." Tioga Technologies designs digital subscriber line (DSL) chips for use at both the forks of high-speed networks (in central office routing equipment) and at the end of the line (in customer premise gear). Tioga, spun off from DSL equipment maker Orckit Communications in 2000, outsources its manufacturing. Customers include Verizon, Deutsche Telekom, and Cisco Systems. The company has sold its Silicon Value subsidiary, which designs application-specific integrated circuits (ASICs). Orckit's CEO Eric Paneth and president Izhak Tamir (also Tioga's chairman) each own 13% of the company. Investment company Clal Electronics Industries owns 15%.

 COMPETITION
GlobeSpan, Inc. (GSPN)
Infineon Technologies AG (IFX)
Motorola, Inc. (MOT)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 21.80
1-Yr. Sales Growth: 314.4%
Employees: 133
Revenue per employee: $163,909.77

 KEY PEOPLE
• Douglas D. Goodyear
    CEO
• Eyal Vardi
    CFO

 CONTACT INFO
32 Nahalat Yitzhak St.
Tel Aviv 67448, Israel
Phone: 972-3-649-1444
Fax: 972-3-649-1445
Online: Web Site

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