BNET Industries

Market Cap:$281.9M
Last Fiscal Year Sales:$218.4M
  • Public
  • US
Dow Jones Description

Actel's mission is to attack power consumption from both the chip and system levels with innovative programmable logic solutions that are highly valued by our customers, rewarding to our employees, and profitable to our shareholders.

Co-Founder and President Sagamore Capital Group LLCEric J. Zahler
Number of Employees 550
Contact Information

2061 Stierlin Ct

Mountain View, California 94043

www.actel.com

(650) 318-4200

NAICS Code Semiconductor and Related Device Manufacturing: 334413

Recent Events

  • Actel, Synopsys extend OEM agreement for FPGA tools

    6/23/09 - Joint Venture / Alliance - View Story

  • PennyPerformers.com: "Penny Stocks that Perform" picks are: ACTL, NPSP, SPNG

    6/12/09 - Financial Announcement - View Story

  • Actel Unveils Reference Designs for Low-Power FPGA Implementations

    5/05/09 - Product Announcement - View Story

  • MOUNTAIN VIEW, CA -- MARKET WIRE -- Apr 28, 2009 -- Actel Corporation (NASDAQ: ACTL)...

    4/29/09 - Financial Announcement - View Story

  • Actel Now Shipping the IGLOO PLUS Starter Kit

    4/01/09 - Product Announcement - View Story

  • Actel and Ramius Reach Agreement

    3/09/09 - Joint Venture / Alliance - View Story

  • Development Kit facilitates prototype of SoCs.

    3/20/09 - Product Announcement - View Story

News & Analysis

actel - All News and Analysis

  • Actel Introduces IGLOO-based Portable Control Solutions

    - 2008-05-12

    New Daughter Cards Enable Human Machine Interface and Miniature Motor Control Functionality

    Tags: Actel

  • Actel Corporation, Inc. Q1 2008 Earnings Call Transcript

    Seeking Alpha - 2008-05-09

    Earnings Call ExcerptActel Corporation, Inc. ACTL Q1 2008 Earnings Call April 29, 2008 5.00 pm ET Executives John East - President and Chief Executive Officer Jon Anderson - Vice President of Finance and Chief Financial Officer Analysts Gary Mobley - Piper Jaffray David Cohen - Skygate Capital Thomas Clogus...

    Tags: Actel

  • Actel Announces First Quarter 2008 Financial Results

    - 2008-04-29

    Actel Corporation (NASDAQ: ACTL) today announced net revenues of $54.8 million for the first quarter of 2008, up 6 percent from the fourth quarter of 2007 and up 13 percent from the first quarter of 2007.

    Tags: Actel

  • John McGrath Joins Actel Board of Directors

    - 2008-04-07

    Actel Corporation (NASDAQ: ACTL) today announced the appointment of John McGrath to its Board of Directors. Bringing to Actel more than 20 years of experience working with high-growth technology companies, Mr. McGrath has been Vice President and CFO of Network Equipment Technologies (NYSE: NWK) since 2001. At NET, he...

    Tags: Actel, board of directors

  • Perspective Market Review for Actel Corporation.

    - 2008-03-10

    M2 PRESSWIRE-10 March 2008-Market Review: Perspective Market Review for Actel CorporationC1994-2008 M2 COMMUNICATIONS LTD RDATE:10032008 Streetinvesting.com has now resumed our progressive review of Actel Corporation (Nasdaq: ACTL) after it traded up less than 1% Monday, early in the afternoon...

    Tags: Actel, FINANCE, Nasdaq Stock Market Inc., SALES

Decision Makers

Name (plus bio) Position
Eric J. Zahler Co-Founder and President Sagamore Capital Group LLC
Dirk A. Sodestrom Acting Chief, Financial Officer
Jon Anderson Vice President, Finance and Chief Financial Officer
Dennis Kish Senior Vice President, Sales & Marketing
Fares Mubarak Senior Vice President, Engineering
Jay Legenhausen Senior Vice President of Worldwide Sales
Anthony Farinaro Vice President, Protocol Design Services
Barbara McArthur Vice President of Human Resources
David L. Van De Hey Vice President & General Counsel
Gavin T. Molinelli Vice President Ramius
Rich Brossart Vice President, Product Marketing
Richard Kapusta Vice President, Marketing & Business Dev
Yankin Tanurhan Vice President, System Solutions
Claude Achcar Founder and Managing Director
Jake Chuang Senior Director, Marketing, Application Solutions
Hezi Saar Product Marketing Manager
Robert G. Spencer Principal, the Spencer Group
Van De Hey Corporate Counsel
J. Daniel McCranie Director

Board of Directors

Name (plus bio) Position
John F. McGrath Chairman
Daniel McCranie Board of Directors
Jacob S. Jacobsson Board of Directors
Jeff Smith Board of Directors
Jim Fiebiger Board of Directors
John C. East Board of Directors
Organization Position Status
Actel Corporation Co-Founder and President Sagamore Capital Group LLC Current
Universal Space Network, Inc. Chairman of The Board Current
Actel Corporation Board of Directors Current
Organization Position Status
Actel Corporation Acting Chief, Financial Officer Current
Organization Position Status
Actel Corporation Vice President, Finance and Chief Financial Officer Current
Appmagic LLC Co-Founder Current
Actel Corporation Board of Directors Current
Actel Corporation Controller Former
Touche Ross & Co. Auditor Former
National Semiconductor Corporation Former
University of Washington Ph.D. In Zoology Former
University of Washington Bachelor's Degree In Business Administration Former
Organization Position Status
Actel Corporation Senior Vice President, Sales & Marketing Current
Globalpress Connection, Inc. Senior Vice President Sales and Marketing, Actel Current
Texas Instruments Incorporated Former
Synopsys, Inc. Former
Michigan State University BSEE Former

Mr. Mubarak has been with Actel since 1992 and was Senior Vice President of Engineering prior to taking on responsibility for marketing as well in 2007. He has held a number of management and executive positions and has been responsible for all software and hardware engineering since 1999. Prior to joining Actel, Mubarak held various engineering, engineering management and product planning positions with Samsung Semiconductor Inc., Integrated Circuit Works, Inc. and Advanced Micro Devices. He holds bachelor's and master's degrees in electrical engineering from Case Western Reserve University and a master's in business administration from Golden Gate University.

Organization Position Status
Actel Corporation Senior Vice President, Engineering Current
Golden Gate University Master's In Business Administration Former
Case Western Reserve University BSEE and an MSEE Former
Golden Gate University Bachelor's Former

Mr. Legenhausen joined Actel in October 2007 as Senior Vice President of Worldwide Sales. From 1990 until joining us, he held various management, sales, marketing and engineering positions with Cypress Semiconductor, a semiconductor manufacturer, with the most recent position of Vice President of Sales, Americas.

Organization Position Status
Actel Corporation Senior Vice President of Worldwide Sales Current
Cypress Semiconductor Corporation Vice President of Sales Former
University of Wisconsin Master's Degree In Engineering Former
New York University Master's Degree In Business Former
Rutgers University Bachelor's Degree In Engineering Former

Prior to joining Actel in August 1998, Mr. Farinaro spent nine years at GateField (formerly Zycad Corporation). As Vice President, Application & Design Services, he handled business development and delivery of design services for FPGA and ASIC systems. Previously, Farinaro held management and engineering positions at Plessey Electronic Systems and Singer Kearfott. He has a bachelor's degree in electrical engineering from the New Jersey Institute of Technology, a master's degree in electrical engineering from the Stevens Institute of Technology, and a master's degree in business administration from Seton Hall University.

Organization Position Status
Actel Corporation Vice President, Protocol Design Services Current
Design Services Inc Vice President Current
Design Services Inc General Manager Current
Stevens Institute of Technology Former
Seton Hall University Master's Degree In Business Administration Former
New Jersey Institute of Technology Bachelor's Degree In Electrical Engineering Former

Ms. McArthur joined Actel in July of 2000 and is responsible for managing all of the company's strategic staffing and human resources programs. Ms. McArthur has more than twenty years of human relations and management experience. Prior to joining Actel, she was vice president of human resources at Talus Solutions and has held senior human resource positions at Applied Materials, 3Com and Saga Corporation. She holds a bachelor's degree from Oregon State University in Corvallis.

Organization Position Status
Actel Corporation Vice President of Human Resources Current
Oregon State University Bachelor's Degree Former

Mr. Van De Hey joined Actel in 1993 as corporate Counsel, became Secretary in 1994, and has been Vice President & General Counsel since 1995. From 1988 to 1993, he was an associate with Wilson, Sonsini, Goodrich & Rosati, Professional Corporation, a law firm in Palo Alto, California, and the Company's outside legal counsel. From 1985 until 1988, he was an associate with the Cleveland office of Jones, Day, Reavis & Pogue, a law firm.

Organization Position Status
Actel Corporation Vice President & General Counsel Current
Actel Corporation Corporate Counsel Current
Wilson Sonsini Goodrich & Rosati Associate Former
Professional Corporation Associate Former
Organization Position Status
Actel Corporation Vice President Ramius Current
Actel Corporation Board of Directors Current
Organization Position Status
Actel Corporation Vice President, Product Marketing Current
Organization Position Status
Actel Corporation Vice President, Marketing & Business Dev Current
Organization Position Status
Actel Corporation Vice President, System Solutions Current
Actel Corporation Senior Director, Applications & IP Solutions Former

Claude Achcar is the Founder and Managing Director of ACtel. Claude resides in Hong Kong and has been working and living in Asia since 1995. He began his career as a research associate with CRIM in Canada. During eleven years with Nortel Networks, Claude held an extensive range of responsibilities including engineering, product marketing, program management, business development and sales on Nortel's comprehensive service provider wireline and wireless portfolio as well as the products designed for enterprises. Most recently, Claude built up the Asian operations of Ciena, a leading intelligent optical networking vendor, from a greenfield start. He established and developed the Asia Pacific HQ in Hong Kong followed by regional offices in Seoul, Singapore, and Beijing while continuously expanding the Tokyo office. Claude built a self-sustaining organization achieving significant revenue growth in each year of operations. Claude is a telecom engineer by training and holds a Masters in Electrical Engineering from Ecole Polytechnique and an MBA from McGill University.

Organization Position Status
Actel Corporation Founder and Managing Director Current
Nortel Networks Corporation Former
McGill University Mba Former
Organization Position Status
Actel Corporation Senior Director, Marketing, Application Solutions Current
Organization Position Status
Actel Corporation Product Marketing Manager Current
Organization Position Status
Actel Corporation Principal, the Spencer Group Current
The Spencer Group Principal Current
The Spencer Group Director Current
Actel Corporation Board of Directors Current
Organization Position Status
Actel Corporation Corporate Counsel Current
Organization Position Status
Actel Corporation Chairman Current
Actel Corporation Board of Directors Current
Endwave Corporation Board of Directors Current
Network Equipment Technologies, Inc. Chief Financial Officer Former
Network Equipment Technologies, Inc. Vice President Former
Aspect Communications Corporation Vice President of Finance Former
Niku Corporation Consultant Former
Stanford Graduate School of Business Mba Former
University of Wyoming B.S. In Accounting Former
Organization Position Status
Alchip Technologies, Inc. President, CEO and Director Current
ON Semiconductor Corporation Chairman of the Board Current
Virage Logic Corporation Chairman of the Board Current
Actel Corporation Board of Directors Current
Cypress Semiconductor Corporation Board of Directors Current
Actel Corporation President and CEO, Virage Logic Former
Cypress Semiconductor Corporation Vice President of Sales and Marketing Former
Actel Corporation Committee Chairman Former
California Micro Devices Corporation Board of Directors Former
ASAT Holdings Limited Board of Directors Former
Virginia Polytechnic Institute and State University bachelor's degree in Electrical Engineering Former

J. Daniel McCranie serves as Virage Logic’s Executive Chairman where he is responsible for leading the company’s demand creation efforts, merger and acquisition activities, and strategic direction. He joined Virage Logic as Chairman of the Board in August 2003, became Executive Chairman in March 2006, and served in that role until taking over as president and CEO in January 2007. From January 2007 until October 2008, he served as president and CEO, and in October 2008, he again became Executive Chairman. McCranie also currently serves as Chairman of the Board for ON Semiconductor, a provider of power and data management semiconductors and standard semiconductor components. He also holds directorships at Actel, a supplier of innovative programmable logic solutions, and Cypress Semiconductor, a world leader in timing technology solutions. McCranie is a 30+ year veteran of the semiconductor and communications industries. Prior to joining Virage Logic, he served as vice president of sales and marketing of Cypress Semiconductor, a San Jose-based manufacturer of semiconductors for the communications industry. He retired from that position in 2001. From 1986 to 1993, McCranie was the chairman, president and CEO of SEEQ Technology, a supplier of mixed-signal data communications products. Leading up to his tenure at SEEQ, McCranie held positions of increasing responsibility in management, engineering, and sales and marketing at Harris Corporation, Advanced Micro Devices, American Microsystems and Philips Corporation. McCranie earned his bachelor's degree in electrical engineering from Virginia Polytechnic Institute in Blacksburg, Virginia.

Organization Position Status
Virage Logic Corporation Chairman Current
ON Semiconductor Corporation Chairman of the Board Current
California Micro Devices Corporation Board Member Current
Actel Corporation Director Current
Cypress Semiconductor Corporation Director Current
Alchip Technologies, Inc. Board of Directors Current
ASAT Holdings Limited Board Member Current
Cypress Semiconductor Corporation Vice President of Sales and Marketing Former
California Inc Vice President, Marketing Former
Cypress Semiconductor Corporation supplier Former
Virage Logic Corporation Board of Directors Former
ON Semiconductor Corporation Board of Directors Former
Virginia Polytechnic Institute and State University Bachelor's Degree In Electrical Engineering Former
Organization Position Status
Actel Corporation Board of Directors Current
Organization Position Status
Payroll Associates, Inc. Chief Financial Officer Current
PAI Group, Inc CFO Current
Rxhub LLC Vice President, Physician Connectivity, Cvs Caremark Current
Credisphere Managing Director, Ramius Capital Group Current
Emedicus Founder Current
Ramius Corporation Partner Current
Caremark Current
Rxhub LLC Board of Directors Current
S1 Corporation Director Current
Fsb Solutions Board of Directors Current
Credisphere Board of Directors Current
S1 Enterprise Board of Directors Current
Kensey Nash Corporation Board of Directors Current
General Electric Capital Corporation Former
The Lauder Institute Master of International Business Degree Former
Wharton Graduate School of the University of Pennsylvania Master of Business Administration Degree Former
Wharton Graduate School of the University of Pennsylvania B.S. In Economics Former
Wharton Graduate School of the University of Pennsylvania Degree Former
Organization Position Status
Power Integrations, Inc. Chair Current
Mentor Graphics Corporation Board of Directors Current
Actel Corporation Board of Directors Current
QLogic Corp. Director Current
Pixelworks Inc. Director Current
Lovoltech Chief Executive Officer Former
VLSI Technology, Inc. President Former
VLSI Technology President Former
VLSI Technology Coo Former
VLSI Technology, Inc. Chief Operating Officer Former
Motorola, Inc. Senior Corporate Vice President Former
Motorola, Inc. Assistant General Manager Former
Actel Corporation Chairman Former
Lovoltech Chairman Former
Power Integrations, Inc. Member of the Board Former
Organization Position Status
Needham Capital Partners Limited Partner Current
Actel Corporation Board of Directors Current
Actel Corporation President & CEO Former
Advanced Micro Devices, Inc. senior vice president Former
University of California, Berkeley BSEE and an MBA Former

Executive News

  • Actel: Growth Rate Doesn't Justify Significant Up Side in Price

    Seeking Alpha - 6/08/09 - View Story

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     ACTL $11.02 -0.46 (-4.01% )
Average Volume 127,373
Shares Outstanding 26.13M
Market Cap 287.9M
Year High 17.28
Year Low 6.75
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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