Company:Applied Micro Circuits Corporation
| Type | Public: |
|---|---|
| Industry | Semiconductors & Related Devices |
| Fate | Acquired by MACOM Technology Solutions |
| Founded | 1979 |
| Defunct | January 26, 2017 |
| Headquarters | Santa Clara, California, United States |
Key people | Paramesh Gopi, CEO |
| Revenue |  US$206 million (FY 2010)[1] |
 US$-26.1 million (FY 2010)[1] | |
| US$-7.49 million (FY 2010)[1] | |
| Total assets | US$316 million (FY 2010)[2] |
| Total equity | US$281 million (FY 2010)[2] |
Number of employees | ~600 |
| Website | apm |
Applied Micro Circuits Corporation (also known as AppliedMicro, AMCC or APM) was a fabless semiconductor company designing network and embedded Power ISA (including a Power ISA license), and server processor ARM (including an ARMv8-A license), optical transport and storage products.
History
In 2004, AMCC bought assets, IP and engineers concerning the PowerPC 400 microprocessors from IBM for $227 million and they now market the processors under their own name.[3] The deal also included access to IBM's SoC design methodology and advanced CMOS process technology.
In 2009, AppliedMicro changed their branding from AMCC to AppliedMicro,[4] but still retain the name "Applied Micro Circuits Corporation" officially.
In 2011, AppliedMicro became the first company to implement the ARMv8-A architecture with its X-Gene Platform. In November 2012 at ARM TechCon, AppliedMicro demonstrated advanced web search capabilities and the ability to handle big data workloads in an Apache Hadoop software environment with the X-Gene Platform using FPGA emulation. A silicon implementation of X-Gene was first exhibited publicly in June 2013.[5]
In April 2016, information about the forthcoming X-Gene 3 server chips was made available. The release schedule was for the second half of 2017. The company projected an improved performance, over the X-Gene 2, that with allow it to better compete with servers using the x86-64 architecture.[6]
In November 2016, MACOM Technology Solutions announced that they would purchase AppliedMicro.[7] The acquisition was completed on January 26, 2017.[8] MACOM then sold the processor division to the private equity firm The Carlyle Group during October 2017.
Memberships
AppliedMicro has a sponsor level membership of Power.org and is one of the original members. AppliedMicro is also executive member (Chairman position) of the Ethernet Alliance. AppliedMicro is also a member of the Open Compute Project.
Business groups
Processor products
The Processor Products group designed and marketed embedded microcontrollers as well as server processor, packet and storage processors. It included the network processors of former MMC Networks (acquired October 2000) with IBM PowerPC 4xx series microcontrollers (acquired April 2004).
Since purchasing the IBM PowerPC 400 family (under the 405 and 440 series product names), AppliedMicro developed the 460 series with 440 CPU, and a multicore Power architecture devices.
In January 2008, the AppliedMicro PowerPC 405EX was awarded Product of the Year 2007, by Electronic Product magazine.
In October 2011, AppliedMicro announced its X-Gene Platform, an ARM 64-bit solution aimed at cloud and enterprise servers.
Connectivity products group
The Connectivity Products group of AppliedMicro designs, manufacturers and markets physical layer devices, framers/mappers and switch fabric devices.
Acquisitions
Throughout the years, AppliedMicro has acquired smaller companies to enter new markets.
| Date | Acquired company | Expertise | Amount |
|---|---|---|---|
| April 1998 | Ten Mountain Design | transceiver design | |
| March 1999 | Cimaron Communications | SONET chips | $115M in stock |
| April 2000 | Yuni Networks | terabit switch fabrics | $241M in stock |
| April 2000 | Chameleon Technologies | Fibre Channel and SONET products | |
| April 2000 | PBaud Logic Inc. | SONET and forward-error-correction | |
| September 2000 | Silutia | CMOS mixed-signal design | 566,000 shares of stock |
| October 2000 | MMC Networks | network processors | $4500M in stock |
| March 2001 | Raleigh Technology Corporation (RTC) | Ethernet QoS ASICs[9] | |
| September 2003 | PowerPRS product line from IBM | switch fabrics | $47M |
| December 2003 | JNI | Fibre Channel products | $196M in cash |
| April 2004 | PowerPC 400 series product line from IBM | embedded microprocessors | $227M in cash |
| April 2004 | 3ware | RAID controllers | $150M in cash |
| August 2006 | Quake Technologies | 10 Gb Ethernet transceivers | $69M in cash |
Class-action lawsuit
In 2005, the company paid $60 million to settle a class-action lawsuit on behalf of investors against the company and certain of its current and former officers and directors.[10] The suit had charged the company with issuing a series of materially false and misleading statements concerning the company's operations and prospects for Q4 2001 and beyond.[11] Under the terms of the settlement, the company and defendants denied any wrongdoing. About half of the amount of the settlement was covered by insurance.[10]
References
- ↑ 1.0 1.1 1.2 Applied Micro Circuits (AMCC) annual SEC income statement filing via Wikinvest.
- ↑ 2.0 2.1 Applied Micro Circuits (AMCC) annual SEC balance sheet filing via Wikinvest.
- ↑ Law, Gillian (2004-04-13). "Applied Micro buys IBM PowerPC assets for $227 million" (in en). https://www.networkworld.com/article/2332173/applied-micro-buys-ibm-powerpc-assets-for--227-million.html.
- ↑ "Applied Micro Circuits changes name". https://www.bizjournals.com/sanjose/stories/2009/11/30/daily8.html.
- ↑ "AMCC X-Gene 64-bit silicon spotted in the wild". SemiAccurate. http://semiaccurate.com/2013/06/05/amcc-x-gene-64-bit-silicon-spotted-in-the-wild/. "SemiAccurate has been waiting for one big thing before declaring ARM servers real and AMCC has just delivered that. If you have been waiting for ARM V8 silicon to arrive, may we present to you AMCC X-Gene silicon in the wild."
- ↑ "AppliedMicro's X-Gene 3 Aims for Intel's E5 Xeons" (in en-US). 2016-04-25. https://semiaccurate.com/2016/04/25/appliedmicros-x-gene-3-aims-for-intels-e5-xeons/.
- ↑ "ARM's Race: Who Will Buy Applied Micro's Compute Unit? | Light Reading". Light Reading. http://www.lightreading.com/data-center/data-center-infrastructure/arms-race-who-will-buy-applied-micros-compute-unit/d/d-id/728526?_mc=RSS_LR_EDT.
- ↑ "MACOM Successfully Completes Acquisition of AppliedMicro" (Press release). January 26, 2017.
- ↑ "Company Overview of Raleigh Technology Corporation". Bloomberg Businessweek. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=657745. "Raleigh Technology Corporation designs, develops and markets application specific integrated circuits for Ethernet local-area network switches, routers, and gateways. The company's product is aimed at the higher priced, higher margin market for circuits with value-added features. The company's integrated circuits will let large firms with Ethernet local-area networks converge their voice, data, and video networks by providing guaranteed bandwidth to voice and video."
- ↑ 10.0 10.1 "Applied Micro Circuits settles lawsuit". January 2005. http://www.eetimes.com/document.asp?doc_id=1152490.
- ↑ "Cauley Geller Bowman & Coates, LLP Announces Class Action Lawsuit Against Applied Micro Circuits Corporation Seeking Damages On Behalf of Investors - AMCC". Cauley Bowman Carney & Williams. 25 May 2001. http://globenewswire.com/news-release/2001/05/25/281273/17394/en/Cauley-Geller-Bowman-Coates-LLP-Announces-Class-Action-Lawsuit-Against-Applied-Micro-Circuits-Corporation-Seeking-Damages-On-Behalf-of-Investors-AMCC.html.
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