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Home > Company Index > Electronics & Misc. Technology > Semiconductor - Integrated Circuits > Conexant Spinco, Inc.
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Conexant Spinco, Inc. |
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PROFILE |
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The spinoff is spinning off Spinco. Conexant Spinco, which does business as Mindspeed Technologies, is the Internet infrastructure subsidiary of chip maker Conexant Systems, itself a spinoff of Rockwell International. Conexant Spinco's broadband products feature system-level chips used in networking equipment such as high-speed routers and optical switches. Customers include OEMs such as Cisco and Lucent (15% and 12% of sales, respectively), contract manufacturers Solectron and ACT Manufacturing (12% and 11%), and distributors including Avnet (17%). Conexant Systems has cancelled the subsidiary's planned initial public offering; the business will be spun off to shareholders instead.
COMPETITION |
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Analog Devices, Inc. (ADI)
Intel Corporation (INTC)
Texas Instruments Incorporated (TXN)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 579.20
1-Yr. Sales Growth: 108.6%
Employees: 1,500
Revenue per employee: $386,133.33
KEY PEOPLE |
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Raouf Y. Halim
CEO
Balakrishnan S. Iyer
CFO
CONTACT INFO |
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4000 MacArthur Blvd.
Newport Beach, CA 92660
US
Phone: 949-483-4600
Fax: -
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