Silicon Laboratories was founded by Nav Sooch, Dave Welland and Jeff Scott in 1996 in Austin, Texas to develop world-class mixed-signal ICs. The company’s initial product was an analog modem for personal computers. Ten years later, the company is now a global enterprise with operations, sales and design activities worldwide. The company became profitable just two years after its inception and completed a successful initial public offering in 2000. Today, Silicon Laboratories is a publicly traded, approximately $500 million company, leading mixed-signal innovation across a broad set of products.
“Few companies have grown as consistently and profitably as Silicon Labs. By striving for excellence in all that we do, we’ve been able to create a company with not only strong products and financial performance, but a sustainable values-oriented culture and a history of giving back to our community,” said Nav Sooch, Silicon Laboratories’ co-founder and chairman of the board of directors. “We are very proud of what the team has accomplished over the last decade, and we’re enthusiastic about the future potential of the business. Over the next ten years, we’ll be leveraging expanded resources, the best team of mixed-signal engineers in the world and our cycles of learning to bring our technology leadership to brand new markets.”
“Mixed-signal is at the forefront of the next generation of innovation as the analog world we live in and the digital world of computing continue to intersect. Over the next ten years, we’ll see power consumption and battery life improve in portable devices, dramatically increasing the convergence of functionality in these products. Broadcast technology will become highly portable; power supplies, wireless networks, and remote monitoring will become commonplace, and bandwidth requirements will continue to increase,” said Necip Sayiner, president and chief executive officer of Silicon Laboratories. “The end result is a marketplace ripe for innovation that makes technology less expensive, less power hungry and easier to use. We excel in this environment and look forward to the next ten years of developing product innovations in the areas where we compete.”