Like many entering their 30s, San Jose semiconductor company Altera Corp. is hitting its stride. Founded in 1983, it went public in 1988, its stock peaked during the dot-com bubble of 2000, and the company now has a market cap of close to $11 billion. Last year, Altera posted revenues of $1.8 billion.
The company is a world leader in the programmable logic solutions space, encompassing chips that can be customized for various applications and other products. Altera offers FPGAs, SoCs, CPLDs, ASICs, and complementary design building blocks like development software, intellectual property cores and power solutions. This spring, Altera completed two acquisitions: It purchased TPACK, an optical transport network company that was a subsidiary of Applied Micro Circuits Corp., in April, and bought Enpirion Inc., which supplies high-efficiency, integrated power conversion products, in May.
