PLX Network & Wireless Cards Driver
Fate | Acquired by Broadcom Inc. |
---|---|
Founded | 1986; 35 years ago |
Founder | Mike Salameh |
Defunct | August 14, 2014; 6 years ago |
Headquarters | Sunnyvale, California |
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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[edit]
Plx Network & Wireless Cards Drivers
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.[1]
By July 1999, shares were up 426% since the IPO price.[2]

In July 2000, the company opened an office in Austin, Texas.[3]
In May 2003, the company acquired HiNT for $12.7 million in cash and stock.[4][5]
In May 2004, the company acquired NetChip Technology.[6]
PLX Network & Wireless Cards Drivers
In August 2008, the company launched three PCIe switch devices with integrated direct memory access engines.[7]
In October 2008, Ralph Schmitt was named president and CEO of the company, replacing co-founder Mike Salameh.[8][9]
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.[10][11][12]
In April 2009, the company released new PCIe switches.[13]
In November 2009, the company completed a new design on 40nm process technology at TSMC.[14]
In January 2010, the company shipped its one-millionth network attached storage device.[15]
In September 2010, the company acquired Teranetics for $36 million.[16][17]
In October 2011, the company sold its development centre in Abingdon-on-Thames, IP licences, and a 40-person team to OCZ.[18]
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.[19]
In September 2012, the company sold its 10GBASE-T assets to Aquantia Corporation.[20]
On August 12, 2014, Broadcom Inc. acquired the company.[21]
References[edit]
- ^'Claimsnet.com IPO Soars, Outshining Debut by PLX'. The Wall Street Journal. April 7, 1999.
- ^Tharp, Paul (July 2, 1999). 'DON'T BELIEVE THE FIRST-DAY IPO HYPE'. New York Post.
- ^'PLX Technology opens Austin office'. American City Business Journals. July 10, 2000.
- ^'PLX Technology and HiNT Corp. Sign Merger Agreement; Combined Company Will Provide Broad Range of PCI, PCI-X, and HyperTransport Interconnect Chips' (Press release). Business Wire. May 7, 2003.
- ^'PLX to buy HiNT in $15 million deal'. EE Times. May 7, 2003.
- ^'PLX Technology Announces Completion of NetChip Technology Acquisition; Provides Business Outlook for Combined Company; Conference Call Today at 6:00 a.m. PDT' (Press release). Business Wire. May 25, 2004.
- ^'PLX Launches Industry's First PCI Express Switches With Integrated DMA' (Press release). Business Wire. August 18, 2008.
- ^'PLX Technology names CEO'. American City Business Journals. October 27, 2008.
- ^McGrath, Dylan (October 27, 2008). 'Former Cypress exec to head PLX Tech'. EE Times.
- ^'PLX Technology completes acquisition of Oxford Semiconductor'. American City Business Journals. January 5, 2009.
- ^'PLX completes acquisition of Oxford Semi'. EE Times. January 5, 2009.
- ^'PLX Technology Closes Acquisition of Oxford Semiconductor' (Press release). Business Wire. January 5, 2009.
- ^'PLX Expands Leadership with New PCI Express Switch Configurations, Unique Features' (Press release). Business Wire. April 13, 2009.
- ^'PLX Technology Completes First Design on Advanced 40nm Process Technology' (Press release). Business Wire. November 2, 2009.
- ^'PLX Exceeds One Million NAS Units Shipped, Market Acceptance Validated' (Press release). Business Wire. January 20, 2010.
- ^Merritt, Rick (September 24, 2010). 'PLX acquires Teranetics in $36M deal'. EE Times.
- ^'PLX Technology to Acquire Teranetics, the Leading Supplier of 10 Gigabit Ethernet Silicon' (Press release). Business Wire. September 23, 2010.
- ^Mellor, Chris (October 6, 2011). 'OCZ buys PLX PCIe design smarts operation'. The Register.
- ^'IDT and PLX Technology Announce Termination of Proposed Transaction and IDT Withdraws Exchange Offer for PLX Technology Shares' (Press release). Integrated Device Technology. December 19, 2012.
- ^'Aquantia Acquires 10GBASE-T Assets From PLX Technology' (Press release). Aquantia Corporation. September 17, 2012.
- ^'Avago Technologies Limited Successfully Completes Tender Offer for Shares of PLX Technology, Inc. -- Acquisition to Close Today' (Press release). Globe Newswire. August 12, 2014.
PLX Technology is a supplier of PCI Express (PCIe) Bridges and Switches, and other standard input/output (I/O) interconnect silicon including PCI and PCI-X Bridges; USB controllers; I/O Accelerators; and HyperTransport Bridges for the communications, server, storage, embedded-control, and consumer industries.
Our Website: http://www.plxtech.com
Industry Communications and Networking Systems or Equipment, Computers and Peripherals, Consumer Electronics & Appliances, Semiconductor Design & Manufacturing
Our TechOnline Content
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The I/O Interconnect World Goes Green: Taking Advantage of the Latest PCI Express Power Management Features
32-Lane PCIe Switch in High-end Router
X1 Lane PCIe Bridge in Advanced Mezzanine Card
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