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:
“The Bermudas are said to have been discovered by a Spanish ship of that name which was wrecked on them.... Yet at the very first planting of them with some sixty persons, in 1612, the first governor, the same year, “built and laid the foundation of eight or nine forts.” To be ready, one would say, to entertain the first ship’s company that should be next shipwrecked on to them.”
—Henry David Thoreau (1817–1862)
“There is nothing truer than myth: history, in its attempt to “realize” myth, distorts it, stops halfway; when history claims to have “succeeded” this is nothing but humbug and mystification. Everything we dream is “realizable.” Reality does not have to be: it is simply what it is.”
—Eugène Ionesco (b. 1912)