Maxim Integrated History
Maxim Integrated Company History Timeline
Maxim was founded in April 1983.
In 1985, the company introduced the MAX600.
The initial public offering represented a big risk for Maxim, because it was the first initial public offering made by a technology company following the stock market crash of 1987.
Maxim recorded its first profitable fiscal year in 1987, with the help of the MAX232.
Proponents of digital technology were correct in predicting that digital circuits would quickly overshadow analog circuits and replace the older technology in most applications. It was in 1987 that Maxim posted its first net surplus (of $340,000).
For the 1988 fiscal year (ended June 30, 1988), Maxim recorded sales of $28.3 million, about $3 million of which was netted as income.
In 1989, the company purchased its first wafer fabrication facility, in Sunnyvale, California, from bankrupt Saratoga Semiconductor for only $5-million.
Their first acquisition was in 1990 when they purchased fabrication facility in California.
In 1992, for example, Maxim churned out a total of more than 70 new products (14 more than it had introduced the previous year).
By 1993 Maxim had introduced more than 600 new chips and was selling its goods to more than 10,000 customers around the world, including International Business Machines, Motorola, and Hitachi.
More importantly, profits climbed to about $14 million before increasing to $24 million in 1994.
In 1994, the company acquired the integrated circuits division of Tektronix, based in Beaverton, Oregon, giving it high-speed bipolar processes for wireless RF and fiber-optic products.
In 1997, the company acquired a wafer fab in San Jose, California from IC Works for $42 million.
In April 2001, the company acquired Dallas Semiconductor in Dallas, Texas in a stock transaction, to gain expertise in digital and mixed-signal CMOS design, as well as an additional wafer fab.
In October 2003, the company acquired a submicrometre CMOS fab from Philips in San Antonio, Texas for $40 million to ramp up capacity and support processes down to the 0.25-micrometre level.
In May 2007, the company acquired an 0.18-micrometre fab from Atmel in Irving, Texas, for $38 million, approximately doubling fab capacity.
Maxim restated its earnings in September 2008 and was relisted on the Nasdaq Stock Exchange on October 8, 2008.
In 2008, the company acquired Mobilygen based in Santa Clara, California, to add H.264 video-compression technology to its portfolio.
In 2009, the company acquired Innova Card, headquartered in La Ciotat, France, to enrich its position in the financial transaction terminal semiconductor market.
In November 2010, the company shipped its first analog product on a 300mm wafer.
In 2010, the company acquired Teridian Semiconductor from Golden Gate Capital for $315 million.
Also in 2011, it acquired Cambridge Analog Technologies, a company based in Billerica, Massachusetts, that focused on licensing analog designs including low power ADCs and other analog blocks.
In 2012, the company acquired Genasic Design Systems, a fabless RF chip company that makes chips for LTE applications.
In October 2013, the company acquired Volterra Semiconductor, a manufacturer of power management equipment.
In February 2018, the company acquired Icron Technologies, a manufacturer of USB and video extension products.
In June 2020, the company acquired Trinamic, a producer of motion control products.
On August 26, 2021, the company was acquired by Analog Devices.
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| Company Name | Founded Date | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| Microchip Technology | 1989 | $6.8B | 19,500 | 250 |
| Texas Instruments | 1930 | $20.0B | 29,888 | 182 |
| STMicroelectronics | 1987 | $11.0B | 46,000 | 23 |
| Librato, Inc. | - | $18.8B | 63,800 | - |
| Xilinx | 1984 | $3.1B | 4,891 | - |
| Semiconductor Components Industries, LLC | 1999 | - | 9,570 | - |
| Intel | 1968 | $63.1B | 121,100 | 8,978 |
| Skyworks Solutions | 1962 | $5.5B | 11,300 | 19 |
| Micron Technology | 1978 | $30.8B | 49,000 | 83 |
| Conexant | 1996 | $112.0M | 312 | - |
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