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Cirrus Logic
CIRRUS LOGIC INC. is a fabless semiconductor supplier that specializes in analog, mixed-signal, and audio DSP integrated circuits (ICs). As of 2015 Cirrus Logic
Cirrus Logic
has its headquarters in Austin, Texas . The company's audio processors and audio converters feature in many professional audio and consumer entertainment products, including smartphones, tablets, portable media players, automotive entertainment systems, home-theater receivers, televisions and docking stations. Cirrus Logic's analog mixed-signal converter chips are also used in a wide variety of energy-related applications, including its new line of LED controllers for the incandescent light-bulb replacement market, as well as energy-measurement chips for applications such as digital utility meters. Dr. Suhas Patil founded the company as "Patil Systems, Inc." in Salt Lake City in 1981; it adopted the name "Cirrus Logic" when it moved to Silicon Valley
Silicon Valley
in 1984. Cirrus Logic
Cirrus Logic
has more than 1,000 patents and more than 600 products serving more than 2,500 end-customers globally
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Ticker Symbol
A TICKER SYMBOL or STOCK SYMBOL is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market . A stock symbol may consist of letters, numbers or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker tape of a ticker tape machine. CONTENTS* 1 Interpreting the symbol * 1.1 Other identifiers * 2 Symbols by Country * 2.1 Canada * 2.2 United Kingdom
United Kingdom
* 2.3 United States
United States
* 2.3.1 Single-letter ticker symbols * 2.4 Other countries * 3 See also * 4 References INTERPRETING THE SYMBOL Stock
Stock
symbols are unique identifiers assigned to each security traded on a particular market. For example, AAPL is for Apple Inc.; OODH is for Orion DHC, Inc.; and HD is for Home Depot, Inc. A stock symbol can consist of letters, numbers, or a combination of both, and is a way to uniquely identify that stock. The symbols were kept as short as possible to reduce the number of characters that had to be printed on the ticker tape , and to make it easy to recognize by traders and investors. The allocation of symbols and formatting convention is specific to each stock exchange. In the US, for example, stock tickers are typically between 1 and 4 letters and represent the company name where possible
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NASDAQ
The NASDAQ STOCK MARKET (/ˈnæzˌdæk/ ( listen )) is an American stock exchange . It is the second-largest exchange in the world by market capitalization , behind only the New York Stock Exchange . The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic (formerly known as OMX) and Nasdaq Baltic stock market network and several other US stock and options exchanges. CONTENTS * 1 History * 2 Quote availability * 3 Trading schedule * 4 Market tiers * 5 Average annualized growth rate * 6 See also * 7 References * 8 External links HISTORYWhen it was founded, NASDAQ stood for the acronym of "National Association of Securities Dealers Automated Quotations". NASDAQ was founded in 1971 by the National Association of Securities Dealers (NASD), which divested itself of NASDAQ in a series of sales in 2000 and 2001. The Nasdaq Stock Market is owned and operated by Nasdaq, Inc. , the stocks of which were listed on its own stock exchange marketing July 2, 2002, under the ticker symbol NDAQ. Former logo When the Nasdaq Stock Market began trading on February 8, 1971, it was the world's first electronic stock market. At first, it was merely a _quotation system_ and did not provide a way to perform electronic trades
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S&P 400
The S&P MIDCAP 400 INDEX, more commonly known as the S&P 400, is a stock market index from S"> , the median market cap was almost $3.8 billion with the market cap of the largest company in the index at more than $10.6 billion and the smallest company at $948 million. The index's market cap covers nearly 7 percent of the total US stock market . The index was launched on June 19, 1991. It has set a series of all-time highs since the Federal Reserve announced its third round of recent quantitative easing in mid-September 2012. At the weekly and monthly close of November 30, 2012, the index settled at the 1,000 point mark, and it has continued to rise in early 2013, setting new records above 1,200 by mid-May
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Semiconductor Industry
The SEMICONDUCTOR INDUSTRY is the aggregate collection of companies engaged in the design and fabrication of semiconductor devices. It formed around 1960, once the fabrication of semiconductors became a viable business. It has since grown to be a $335.2 billion industry in 2015. CONTENTS * 1 Industry structure * 2 Largest companies * 3 See also * 4 References INDUSTRY STRUCTUREThe global semiconductor industry is dominated by USA, Japan, South Korea, Taiwan, Singapore, China and European Union. Unique features of the industry include continuous growth but in a cyclical pattern with high volatility. While the current 20 year annual average growth of the semiconductor industry is on the order of 13%, this has been accompanied by equally above-average market volatility, which can lead to significant if not dramatic cyclical swings. This has required the need for high degrees of flexibility and innovation in order to constantly adjust to the rapid pace of change in the market as many products embedding semiconductor devices often have a very short life cycle. At the same time, the rate of constant price-performance improvement in the semiconductor industry is staggering. As a consequence, changes in the semiconductor market not only occur extremely rapidly but also anticipate changes in industries evolving at a slower pace. The semiconductor industry is widely recognized as a key driver and technology enabler for the whole electronics value chain
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Suhas Patil
SUHAS S. PATIL (born 1944) is an entrepreneur and venture capitalist . He founded Cirrus Logic , a fabless semiconductor company. He received his bachelor's degree in engineering from the Indian Institute of Technology, Kharagpur , and MSEE and PhD from MIT
MIT
. Patil founded Patil Systems, Inc., (1981) in Salt Lake City
Salt Lake City
, which was renamed as Cirrus Logic in 1984 when it moved to Silicon Valley. He is the Chairman Emeritus of Cirrus Logic from 1997. He is the Chairman of Digité, Inc., which was earlier named Tufan Infotech and is also Chairman of the Board of Cradle Technologies. He also serves on the boards of The Tech Museum and the World Affairs Council of Northern California. Patil co-founded a global not for profit organization, the TiE
TiE
– The Ind-US Entrepreneurs in 1992, together with successful entrepreneurs and businessmen of Indian origin in Silicon Valley for nurturing and mentoring entrepreneurs and young companies. He served as TiE's first president. Patil is an angel investor in numerous start-ups, like Vitalect . Patil received his bachelor's degree in engineering from the Indian Institute of Technology, Kharagpur . From 1970 until 1975, Patil was assistant professor of electrical engineering at Massachusetts Institute of Technology
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Austin, Texas
AUSTIN (/ˈɒstᵻn, ˈɔː-/ ( listen ) ) is the capital of the U.S. state of Texas
Texas
and the seat of Travis County , with portions extending into Hays and Williamson counties. It is the 11th-most populous city in the United States, and the 4th largest city in Texas. It is the fastest growing large city in the United States
United States
and the second most populous capital city after Phoenix, Arizona . As of the U.S. Census Bureau's July 1, 2016 estimate, Austin has a population of 947,890. Located in Central Texas
Texas
in the foothills of Texas
Texas
Hill Country , the city is home to numerous lakes, rivers, and waterways including Lady Bird Lake , Barton Springs , McKinney Falls , the Colorado
Colorado
River , Lake Travis , and Lake Walter E. Long . It is the cultural and economic center of the Austin–Round Rock metropolitan area, which had an estimated population of 2,056,405 as of July 1, 2016. In the 1830s, pioneers began to settle the area in central Austin along the Colorado
Colorado
River . In 1839, the site was officially chosen to replace Houston
Houston
as the new capital of the Republic of Texas
Texas
and was incorporated under the name Waterloo
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United States
Coordinates : 40°N 100°W / 40°N 100°W / 40; -100 United States
United States
of America _ Flag Great Seal MOTTO: " In God We Trust " Other traditional mottos _ * " E pluribus unum " ( Latin
Latin
) (de facto) "Out of many, one" * " Annuit c
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Earnings Before Interest And Taxes
In accounting and finance, EARNINGS BEFORE INTEREST AND TAXES (EBIT), is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income , then OPERATING _INCOME_ is sometimes used as a synonym for EBIT and operating profit . EBIT = revenue – operating expenses (OPEX) Operating income = revenue – operating expenses A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout ) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization (EBITDA ) and EBIT), and then determines the optimal use of debt vs. equity. To calculate EBIT, expenses (e.g. the cost of goods sold , selling and administrative expenses) are subtracted from revenues. Net income is later obtained by subtracting interest and taxes from the result
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Net Income
In business , NET INCOME (TOTAL COMPREHENSIVE INCOME, NET EARNINGS, NET PROFIT, informally, BOTTOM LINE) is an entity's income minus cost of goods sold , expenses and taxes for an accounting period . It is computed as the residual of all revenues and gains over all expenses and losses for the period, and has also been defined as the net increase in shareholders\' equity that results from a company's operations. In the context of the presentation of financial statements , the IFRS Foundation defines net income as synonymous with PROFIT AND LOSS. Net income is a distinct accounting concept from profit but the same as net profit. Net income can also be calculated by adding a company's operating income to non-operating income and then subtracting off taxes. CONTENTS * 1 Definition * 2 An equation for net income * 3 Other terms * 4 See also * 5 References DEFINITION Net income can be distributed among holders of common stock as a dividend or held by the firm as an addition to retained earnings . As profit and earnings are used synonymously for income (also depending on UK and US usage), NET EARNINGS and NET PROFIT are commonly found as synonyms for net income. Often, the term INCOME is substituted for net income, yet this is not preferred due to the possible ambiguity
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Fabless Semiconductor Company
FABLESS MANUFACTURING is the design and sale of hardware devices and semiconductor chips while outsourcing the fabrication or "fab" of the devices to a specialized manufacturer called a semiconductor foundry . Foundries are typically, but not exclusively, located in China and Taiwan
Taiwan
because of the generally low cost of labor. Thus, fabless companies can benefit from lower capital costs while concentrating their research and development resources on the end market. The credit for pioneering the fabless concept is given to Bernie Vonderschmitt of Xilinx and Gordon A. Campbell of Chips and Technologies . The first fabless semiconductor company, the Western Design Center , was founded in 1978. Xilinx, founded in 1984, was the first to "truly" separate the design of chips from their manufacture. CONTENTS * 1 History * 2 Industry growth and success * 3 Sales leaders * 4 See also * 5 References HISTORYPrior to the 1980s, the semiconductor industry was vertically integrated . Semiconductor companies owned and operated their own silicon-wafer fabrication facilities and developed their own process technology for manufacturing their chips. These companies also carried out the assembly and testing of their chips, the fabrication
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Digital Signal Processor
A DIGITAL SIGNAL PROCESSOR (DSP) is a specialized microprocessor (or a SIP block ), with its architecture optimized for the operational needs of digital signal processing . The goal of DSPs is usually to measure, filter or compress continuous real-world analog signals . Most general-purpose microprocessors can also execute digital signal processing algorithms successfully, but dedicated DSPs usually have better power efficiency thus they are more suitable in portable devices such as mobile phones because of power consumption constraints. DSPs often use special memory architectures that are able to fetch multiple data or instructions at the same time. CONTENTS * 1 Overview * 2 Architecture * 2.1 Software architecture * 2.1.1 Instruction sets * 2.1.2 Data instructions * 2.1.3 Program flow * 2.2 Hardware architecture * 2.2.1 Memory architecture * 2.2.1.1 Addressing and virtual memory * 3 History * 4 Modern DSPs * 5 See also * 6 References * 7 External links OVERVIEW A typical digital processing system Digital signal processing algorithms typically require a large number of mathematical operations to be performed quickly and repeatedly on a series of data samples. Signals (perhaps from audio or video sensors) are constantly converted from analog to digital, manipulated digitally, and then converted back to analog form
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Salt Lake City
SALT LAKE CITY, often shortened to SALT LAKE or SLC, is the capital and the most populous municipality of the U.S. state of Utah . With an estimated population of 190,884 in 2014, the city is the core of the Salt Lake City metropolitan area , which has a population of 1,153,340 (2014 estimate). Salt Lake City is further situated within a larger metropolis known as the Salt Lake City-Ogden-Provo Combined Statistical Area . This region is a corridor of contiguous urban and suburban development stretched along an approximately 120-mile (190 km) segment of the Wasatch Front , comprising a population of 2,423,912 as of 2014 . It is one of only two major urban areas in the Great Basin (the other is Reno, Nevada ). The city was founded in 1847 by Brigham Young , and other followers of the Church of Jesus Christ of Latter-day Saints (Mormons ) who were seeking to escape religious persecution. They encountered an arid, inhospitable valley that they then extensively irrigated and cultivated, thereby establishing the foundation to sustain its large population of today. Due to its proximity to the Great Salt Lake , the city was originally named " Great Salt Lake City"; however, the word "great" was dropped from the official name in 1868 by the 17th Utah Territorial Legislature
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Silicon Valley
SILICON VALLEY is a nickname for the southern portion of the San Francisco Bay Area , in the northern part of the U.S. state of California
California
. The "valley" in its name refers to the Santa Clara Valley in Santa Clara County , which includes the city of San Jose and surrounding cities and towns, where the region has been traditionally centered. The region has expanded to include the southern half of the San Francisco Peninsula in San Mateo County , and southern portions of the East Bay in Alameda County . The word "silicon" originally referred to the large number of silicon chip innovators and manufacturers in the region, but the area is now the home to many of the world's largest high-tech corporations , including the headquarters of 39 businesses in the Fortune 1000 , and thousands of startup companies . Silicon
Silicon
Valley also accounts for one-third of all of the venture capital investment in the United States, which has helped it to become a leading hub and startup ecosystem for high-tech innovation and scientific development. It was in the Valley that the silicon-based integrated circuit, the microprocessor , and the microcomputer, among other key technologies, were developed. As of 2013, the region employed about a quarter of a million information technology workers
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Kamran Elahian
KAMRAN ELAHIAN(Persian : کامران الهیان‎‎) is an Iranian-American Entrepreneur who is the chairman and co-founder of Global Catalyst Partners, an international, multistage, technology-oriented venture capital firm. GCP has invested in leading-edge technology companies in the U.S. , China
China
, Japan
Japan
and Israel
Israel
. Kamran serves on the boards of Actelis Networks, Beceem Communications, iKoa and SoundHound . CONTENTS * 1 Early life and education * 2 Career * 2.1 Global Catalyst Partners * 2.2 Global Catalyst Foundation * 2.3 Leadership, Mentorship and Social Impact * 3 Recognition * 4 References * 5 External links EARLY LIFE AND EDUCATIONKamran was born in Tehran
Tehran
in 1954. Kamran immigrated to the United States before the Iranian Revolution . Kamran received a BS in Computer Science , a BS in Mathematics (at the age of twenty) and a Masters of Engineering degree in Computer Graphics from the University of Utah . CAREERGLOBAL CATALYST PARTNERSA veteran entrepreneur with over 29 years of experience in the high-tech industry
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Magnum Semiconductor
MAGNUM SEMICONDUCTOR INC. is a video compression technology company. The headquarters of the company is in Milpitas , California
California
. The company has an engineering branch at Waterloo, Ontario , Canada
Canada
. Magnum Semiconductor was formed in 2003 as a spinout of the Cirrus Logic Video Division which developed MPEG
MPEG
video recording and enabled consumer DVD recorders . Investors included August Capital , and Investcorp
Investcorp
Technology Partners . In May 2007, a second round of $27 million in funding was announced, led by Investor Growth Capital , with new investors WK Technology Fund , KTB Ventures , and Gold Hill Capital . Magnum acquired the consumer products division of LSI Corporation in June 2007, including Domino and Zevio video compression technology. The LSI division had started with the acquisition of C-Cube Microsystems, the first company to offer real time MPEG1 and MPEG2 compression. The company's products target both professional and consumer markets. Magnum offers hardware, software, reference platforms, and engineering support for digital video recording, playback and management of audio/video content. The Magnum platforms also enable sharing entertainment via optical disc, flash disk and home networking
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