Maxim Integrated Products is a publicly traded company that designs, manufactures, and sells analog and mixed-signal semiconductor products. Maxim develops integrated circuits for the industrial, communications, consumer, and computing markets. Headquartered in Sunnyvale, California, Maxim has design centers, manufacturing facilities, and sales offices throughout the world. In 2011 Maxim had $2.47 billion in sales, 9,300 employees, and 35,000 customers worldwide. Maxim Integrated Products was founded in April 1983. Its nine initial team members had a variety of experience in semiconductors... design and sales. Based on a two-page business plan, they obtained $9 million in venture capital to establish the company. In the first year, the company developed 24 second source products. After that, Maxim designed proprietary products that offered greater differentiation and higher profits. Maxim recorded its first profitable fiscal year in 1987, and posted a profit every year since it went public in 1988. Annual revenue reached $500 million in fiscal year 1998 and in fiscal 2011 totaled over $2.47 billion.
more
| NASDAQ symbol: | MXIM |
| Founded: | April 14, 1983 |
| Founders: | Jack Gifford |
| Headquarters: | Sunnyvale, California |
| Annual revenue: | $1,646,020,000 |
| Net income: | $10,460,000 |
| Operating income: | $17,380,000 |
| Employees: | 8,700 |
| Industries: | Semiconductor Manufacture |