PLX Technology

Quality 0.50 · 2 views · Updated 2 months ago

American manufacturer of integrated circuits

title: "PLX Technology" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["1986-establishments-in-california", "2014-disestablishments-in-california", "1999-initial-public-offerings", "2014-mergers-and-acquisitions", "american-companies-established-in-1986", "american-companies-disestablished-in-2014", "companies-formerly-listed-on-the-nasdaq", "computer-companies-established-in-1986", "computer-companies-disestablished-in-2014", "defunct-computer-companies-of-the-united-states", "defunct-computer-hardware-companies", "dot-com-bubble", "defunct-computer-companies-based-in-california"] description: "American manufacturer of integrated circuits" topic_path: "geography/united-states" source: "https://en.wikipedia.org/wiki/PLX_Technology" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary American manufacturer of integrated circuits ::

::data[format=table title="Infobox company"]

FieldValue
namePLX Technology
logoPLX Technology wordmark.svg
logo_size180px
fateAcquired by Broadcom Inc.
foundation
founderMike Salameh
defunct
locationSunnyvale, California
::

|name = PLX Technology |logo = PLX Technology wordmark.svg |logo_size = 180px |fate = Acquired by Broadcom Inc. |foundation = |founder = Mike Salameh |defunct = |location = Sunnyvale, California ::figure[src="https://upload.wikimedia.org/wikipedia/commons/e/ec/RouterBOARD_RB14e,_close-up.jpg" caption="PLX Technology PEX8606 PCI Express switch on a PCI Express ×1 card, creating multiple endpoints out of one endpoint and allowing it to be shared by multiple devices"] ::

PLX Technology was a manufacturer of integrated circuits focused on PCI Express and Ethernet technologies. On August 12, 2014, Broadcom Inc. (formerly Avago Technologies), acquired the company.

History

The company was founded in 1986 by Mike Salameh.

On April 7, 1999, during the dot-com bubble, the company became a public company via an initial public offering.

By July 1999, shares were up 426% since the IPO price.

In July 2000, the company opened an office in Austin, Texas.

In May 2003, the company acquired HiNT for $12.7 million in cash and stock.

In May 2004, the company acquired NetChip Technology.

In August 2008, the company launched three PCIe switch devices with integrated direct memory access engines.

In October 2008, Ralph Schmitt was named president and CEO of the company, replacing co-founder Mike Salameh.

In January 2009, the company acquired Oxford Semiconductor for 5.6 million shares of PLX common stock, and a promissory note for $14.2 million.

In April 2009, the company released new PCIe switches.

In November 2009, the company completed a new design on 40 nm process technology at TSMC, a half-node of TMSCs 45 nm process.

In January 2010, the company shipped its one-millionth network attached storage device.

In September 2010, the company acquired Teranetics for $36 million.

In October 2011, the company sold its development centre in Abingdon-on-Thames, IP licences, and a 40-person team to OCZ.

In April 2012, Integrated Device Technology announced an agreement to acquire the company. However, in December 2012, the agreement was terminated after the Federal Trade Commission challenged the merger.

In September 2012, the company sold its 10GBASE-T assets to Aquantia Corporation.

On August 12, 2014, Broadcom Inc. acquired the company.

References

References

  1. (April 7, 1999). "Claimsnet.com IPO Soars, Outshining Debut by PLX". [[The Wall Street Journal]].
  2. Tharp, Paul. (July 2, 1999). "DON'T BELIEVE THE FIRST-DAY IPO HYPE". [[New York Post]].
  3. (July 10, 2000). "PLX Technology opens Austin office". [[American City Business Journals]].
  4. (May 7, 2003). "PLX Technology and HiNT Corp. Sign Merger Agreement; Combined Company Will Provide Broad Range of PCI, PCI-X, and HyperTransport Interconnect Chips". [[Business Wire]].
  5. (May 7, 2003). "PLX to buy HiNT in $15 million deal". [[EE Times]].
  6. (May 25, 2004). "PLX Technology Announces Completion of NetChip Technology Acquisition; Provides Business Outlook for Combined Company; Conference Call Today at 6:00 a.m. PDT". [[Business Wire]].
  7. (August 18, 2008). "PLX Launches Industry's First PCI Express Switches With Integrated DMA". [[Business Wire]].
  8. (October 27, 2008). "PLX Technology names CEO". [[American City Business Journals]].
  9. McGrath, Dylan. (October 27, 2008). "Former Cypress exec to head PLX Tech". [[EE Times]].
  10. (January 5, 2009). "PLX Technology completes acquisition of Oxford Semiconductor". [[American City Business Journals]].
  11. (January 5, 2009). "PLX completes acquisition of Oxford Semi". [[EE Times]].
  12. (January 5, 2009). "PLX Technology Closes Acquisition of Oxford Semiconductor". [[Business Wire]].
  13. (April 13, 2009). "PLX Expands Leadership with New PCI Express Switch Configurations, Unique Features". [[Business Wire]].
  14. (November 2, 2009). "PLX Technology Completes First Design on Advanced 40nm Process Technology". [[Business Wire]].
  15. (January 20, 2010). "PLX Exceeds One Million NAS Units Shipped, Market Acceptance Validated". [[Business Wire]].
  16. Merritt, Rick. (September 24, 2010). "PLX acquires Teranetics in $36M deal". [[EE Times]].
  17. (September 23, 2010). "PLX Technology to Acquire Teranetics, the Leading Supplier of 10 Gigabit Ethernet Silicon". [[Business Wire]].
  18. Mellor, Chris. (October 6, 2011). "OCZ buys PLX PCIe design smarts operation". [[The Register]].
  19. (December 19, 2012). "IDT and PLX Technology Announce Termination of Proposed Transaction and IDT Withdraws Exchange Offer for PLX Technology Shares". [[Integrated Device Technology]].
  20. (September 17, 2012). "Aquantia Acquires 10GBASE-T Assets From PLX Technology". [[Aquantia Corporation]].
  21. (August 12, 2014). "Avago Technologies Limited Successfully Completes Tender Offer for Shares of PLX Technology, Inc. -- Acquisition to Close Today". [[Globe Newswire]].

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

1986-establishments-in-california2014-disestablishments-in-california1999-initial-public-offerings2014-mergers-and-acquisitionsamerican-companies-established-in-1986american-companies-disestablished-in-2014companies-formerly-listed-on-the-nasdaqcomputer-companies-established-in-1986computer-companies-disestablished-in-2014defunct-computer-companies-of-the-united-statesdefunct-computer-hardware-companiesdot-com-bubbledefunct-computer-companies-based-in-california