| Business Summary | | Altera
Corporation
designs,
manufactures
and
markets
programmable
logic
devices
(PLDs)
and
associated
development
tools.
PLDs
are
semiconductor
integrated
circuits
that
customers
can
program
using
its
proprietary
software,
which
operate
on
personal
computers
and
engineering
workstations.
The
Company
was
one
of
the
first
suppliers
of
complementary
metal
oxide
semiconductor
(CMOS)
programmable
logic
devices.
Altera
offers
a
broad
line
of
CMOS
programmable
logic
devices
that
address
high-speed,
high-density
and
low-power
applications.
Its
products
serve
a
wide
range
of
markets,
including
telecommunications,
data
communications,
electronic
data
processing
and
industrial
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Altera
Corp.
designs,
manufactures
and
markets
programmable
logic
devices
(semiconductor
integrated
circuits)
and
associated
development
tools.
For
the
six
months
ended
6/30/01,
sales
fell
18%
to
$502.7
million.
Net
loss
totalled
$26.2
million
vs.
an
income
of
$173.4
million.
Results
reflect
unfavorable
economic
conditions,
reduced
spending
by
communication
service
providers
and
$146.9
million
in
inventory,
restructuring
and
other
non-recurring
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Rodney Smith, 60 Chairman | $2.6M | -- | John Daane, 37 Pres,
CEO, Director | 7.4M | -- | Robert Reed, 54 Vice
Chairman | -- | -- | Denis Berlan, 50 Exec.
VP and COO | 1.6M | $19.5M | Nathan Sarkisian, 42 Sr.
VP and CFO | 1.3M | 8.5M | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|