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family of products, and the contribution of the remaining San Jose team to several successful PMC projects, including the strong selling Arrow2xGE Ethernet over SONET mapping device. When evaluated on a rate of ROI basis (rate of Return on
Investment), IgT likely ranks second amongst the 14 Sierra/PMC-Sierra acquisitions, behind the acquisition of PMC by Sierra Semiconductor.
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Despite the shutdown of the IgT design center in
Gaithersburg in the aftermath of the telecom bubble, IgT was a fair investment for PMC-Sierra. The substantial rate of return from IgT is due to the combination of the moderate price paid by PMC, the strong financial return provided by the AAL1gator
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Telecom of Sweden. Chee Hu was a central figure in this development. This was a multi-year development that led to the successful AXD-301 ATM switch deployment by
Ericsson. This system was used heavily in
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In 2003 PMC-Sierra shut down the IgT office in
Gaithersburg, Maryland laying off all of the remaining employees there. A number of the San Jose office employees remain with the company.
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177:. The acronym ITT also could not be used given the historic firm ITT in the telecom industry. IgT did own the domain name igt.com, which has subsequently been sold back to IGT.
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134:, Maryland. IgT was one of the first companies to focus on semiconductors for the communications marketplace. At its peak, IgT had 60 employees, 45 in its headquarters in
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In June 1996 IgT acquired NSI, whose CEO and principal design engineer, Brian Holden, became CTO of IgT. NSI was also developing an AAL-1 SAR known as the
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framer device that was competitive in the marketplace. This device was designed by Imran
Chaudhri who was a central figure in many of IgT's developments.
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197:, Inc. known as "NSI", a small chip design firm. This led to the investment and eventual majority ownership of IgT by Samsung.
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to build an ATM Switch chip set for use in the StarRacer system. This chip set was developed under contract with
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Several of the devices produced by IgT remain for sale by PMC. A number of other devices were discontinued when
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in 1998; both of these companies had developed systems that strongly leveraged the AAL1gator's capabilities.
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semiconductor company founded in 1991 by Ken Lee, Greg Werth, Imran
Chaudhri, Jerry Tall, and Chi Wai in
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device drove the sales of many additional T1/E1 framers by PMC. This led to the acquisition of IgT by
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246:'s network. This chipset led to 9 ATM related patents being awarded to IgT and PMC-Sierra.
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The San Jose office also developed an ATM switch chip set in a joint development with
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became a very successful product and drove IgT's eventual acquisition by
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Snapshot of the IgT website not long before the PMC-Sierra
Acquisition
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The AAL1Gator device was designed to connect to T1/E1 framers sold by
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dropped support for the fabrication process in which they were made.
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to become interested in selling its interest in the company. The
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office. IgT's logo showed an idealized waveform of a T1 signal.
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The acronym IgT was used because IGT was already in use by
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In
January 1994, IgT engaged with the Telecom division of
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under contract with IgT. After the acquisition, the
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Defunct semiconductor companies of the United States
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270:$ 55M. This was also driven by the
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158:market. IgT also introduced an
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258:. The runaway success of the
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274:of 1997/1998 which caused
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82:Jerry Tall
76:Greg Werth
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239:Ericsson
169:The name
67:Founders
34:Industry
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128:fabless
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93:Defunct
85:Chi Wai
73:Ken Lee
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44:Founded
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191:Korea
219:3Com
160:OC-3
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111:Fate
54:1991
47:1991
268:USD
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