mannerisms

Ruminations on the electronics industry from David Manners, Senior Components Editor on Electronics Weekly.

Fable: The Company Which Had A Bumpy Ride

There was once a company whose name stands for the last word in integrated logic.

It made the semiconductor industry’s best-selling microprocessor.

But for its first ten years, it made not a penny piece in profit.

It underwent a management buy-out; acquisition by a private equity company; Chapter 11 bankruptcy; and another acquisition this time by a semiconductor company.

But it still exists.

MORAL: Without consistent profits the road ahead is bumpy.

Tags: acquisition, logic, microprocessor, Private equity, semiconductor company

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1 Comment

  1. Graham
    October 26, 2012 08:45