Company History
Orbit Semiconductor was originally founded in 1985 by Gary P. Kennedy in Sunnyvale, California. In 1991, Orbit Semiconductor underwent a management buy-out (MBO) by Gary P. Kennedy and his associates. In 1992, Orbit Semiconductor became a pioneer in the FPGA Conversion arena. Orbit Semiconductor successfully underwent an initial public offering (IPO) in 1994, trading as ORB on NASDAQ. In 1998, Orbit Semiconductor merged with DII Group, Inc., and in 2000, DII Group merged with Flextronics Semiconductor, Inc. In September 2005, AMI Semiconductor acquired the Semiconductor Division of Flextronics, Inc., and in February 2007, the Orbit team became independent.
Read more about this topic: Orbit Semiconductor
Famous quotes containing the words company and/or history:
“It’s given new meaning to me of the scientific term black hole.”
—Don Logan, U.S. businessman, president and chief executive of Time Inc. His response when asked how much his company had spent in the last year to develop Pathfinder, Time Inc.’S site on the World Wide Web. Quoted in New York Times, p. D7 (November 13, 1995)
“Psychology keeps trying to vindicate human nature. History keeps undermining the effort.”
—Mason Cooley (b. 1927)