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  September 5, 2001
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Home > Company Index > Electronics & Misc. Technology > Semiconductor - Specialized > NeoMagic Corporation

NeoMagic Corporation
Nasdaq: NMGC
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 PROFILE
NeoMagic wants to conjure up some new products. The company is known for its MagicGraph and MagicMedia multimedia accelerators, used by most laptop manufacturers to facilitate complex displays of graphics, video, and audio on portable PCs. NeoMagic, however, is winding down that product line and developing microprocessors for Internet appliances, handheld devices, and broadband wireless communication devices. To leverage its expertise in embedded memory and system-on-a-chip integration into wireless multimedia applications, the company has restructured, cutting a third of staff. Entrepreneurial co-founder (and former chairman) Kamran Elahian helped start Cirrus Logic and other companies.

 COMPETITION
ATI Technologies Inc. (ATYT)
Intel Corporation (INTC)
SONICblue Incorporated (SBLU)

 DEALS
Deal: NeoMagic Invests In TelenComm
Date Announced: 01.24.00
Value of transaction (US $Mil): 0
Description: Chip tech firm for mobile computing invests in wireless networking firm.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 75.80
1-Yr. Sales Growth: (70.8)%
Employees: 138
Revenue per employee: $549,275.36

 KEY PEOPLE
• Prakash C. Agarwal
    CEO
• Stephen Lanza
    CFO

 CONTACT INFO
3260 Jay St.
Santa Clara, CA 95054
US
Phone: 408-988-7020
Fax: 408-988-7032
Online: Web Site

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