Broadcom Origins
In 1991, while still working as a professor at UCLA, Samueli co-founded his company, Broadcom Corporation, with one of his former students, Henry Nicholas. Each invested $5,000 and worked out of Nicholas' Redondo Beach home, moving to Irvine four years later and took the firm public three years after that. In 1998, when Broadcom became a publicly traded company, Samueli stopped working as a professor, but the UCLA Department of Electrical Engineering still maintains his name on the list of faculty.
Read more about this topic: Henry Samueli
Famous quotes containing the word origins:
“Compare the history of the novel to that of rock ‘n’ roll. Both started out a minority taste, became a mass taste, and then splintered into several subgenres. Both have been the typical cultural expressions of classes and epochs. Both started out aggressively fighting for their share of attention, novels attacking the drama, the tract, and the poem, rock attacking jazz and pop and rolling over classical music.”
—W. T. Lhamon, U.S. educator, critic. “Material Differences,” Deliberate Speed: The Origins of a Cultural Style in the American 1950s, Smithsonian (1990)