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Home > Company Index > Electronics & Misc. Technology > Semiconductor - Specialized > PLX Technology, Inc.

PLX Technology, Inc.
Nasdaq: PLXT
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 NEWS FROM THE STANDARD
Entrepreneur Spotlight: Nader Vasseghi
Jul 16 2001 12:30 PM PDT

 PROFILE
Please pass the chips. PLX Technology's I/O (input/output) accelerators and processors are used to develop subsystems that connect the host microprocessor, memory, and peripheral chips in an embedded system. PLX's chips are compatible with microprocessors made by industry leaders such as IBM, Intel, and Motorola. Electronics manufacturers use the company's industry-standard PCI (peripheral component interconnect) chips in products such as printers, servers, medical instruments, and video equipment. Customers include Cisco (17% of sales), IBM (11%), Compaq, and Nortel. Fabless PLX outsources its manufacturing to firms in Japan, Taiwan, South Korea, and the US. About 40% of its sales are outside the US.

 COMPETITION
Applied Micro Circuits Corporation (AMCC)
Xilinx, Inc. (XLNX)

 DEALS
Deal: PLX Technology Acquires Sebring Networks
Date Announced: 04.19.00
Value of transaction (US $Mil): 48
Description: Interconnect solution provider acquires fabric silicon solution provider for communications applications.

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 65.40
1-Yr. Sales Growth: 60.7%
Employees: 126
Revenue per employee: $519,047.62

 KEY PEOPLE
• Michael J. Salameh
    CEO
• Rafael Torres
    CFO

 CONTACT INFO
870 Maude Ave.
Sunnyvale, CA 94085
US
Phone: 408-774-9060
Fax: 408-774-2169
Online: Web Site

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