BNET Industries

Market Cap:$228.7M
Last Fiscal Year Sales:$258.1M
  • Public
  • US
Dow Jones Description

ANADIGICS is helping power the wireless revolution with industry-leading power amplifiers for wireless and broadband applications. As a recognized leader in high-volume manufacture of advanced GaAs RFICs, ANADIGICS is enabling wireless OEMs and ODMs worldwide to build more capabilities into each new generation of products even as they extend battery life and reduce size. Founded in 1985 and headquartered in Warren, NJ, ANADIGICS pioneered the high volume cost-effective manufacture of high performance (GaAs ICs). Today, our RFICs enable manufacturers to enhance overall system performance by reducing the size and weight of their products, increasing power efficiency, improving reliability, and reducing manufacturing cost and time to market. The company's 6-inch GaAs manufacturing facility uses state-of-the-art technology and manufacturing processes to deliver high quality InGaP HBT, GaAs MESFET, and GaAs pHEMT RFIC products. ANADIGICS also features world-class integration and performance with its proprietary and patented InGaP-Plus process, which integrates bipolar and FET structures on the same InGaP GaAs die. Technology leadership remains the driving force behind our advanced products.

President, Chief Executive Officer and Director
Mario Rivas
Number of Employees 657
Contact Information

141 Mount Bethel Rd

Warren, New Jersey 07059-5148

anadigics.com

1 908 412 5978

NAICS Code Semiconductor and Related Device Manufacturing: 334413

Recent Events

  • Splitter family offers up to eight RF outputs

    12/02/09 - Product Announcement - View Story

  • ANADIGICS Releases Family of Gateway Splitters

    12/01/09 - Product Announcement - View Story

  • ANADIGICS Announces Third Quarter 2009 Results

    10/27/09 - Product Announcement - View Story

  • ANADIGICS ANAD Tops Q3 EPS By 5c; Guides In-line for Q4

    10/27/09 - Financial Announcement - View Story

  • Northland Securities Initiates Coverage on ANADIGICS ANAD with a Market Perform

    10/13/09 - Bond / Stock Rating - View Story

  • Anadigics, WIN Semi ink foundry deal

    10/07/09 - Joint Venture / Alliance - View Story

  • ANADIGICS Expands Global Presence With New Tokyo, Japan Sales...

    10/16/09 - Mgmt. Change Entering - Manager - View Story

  • Anadigics to change manufacturing model

    10/06/09 - Financial Announcement - View Story

  • ANADIGICS Launches Quad-Band Polar PA Module For GMSK And EDGE Modes

    9/16/09 - Product Announcement - View Story

News & Analysis

anadigics inc. and finance - All News and Analysis

Decision Makers

Name (plus bio) Position
Mario Rivas President, Chief Executive Officer and Director
Charles Huang CTO & Executive Vice President
Chin Huang Charles Cto
Gerry Groudwater CIO & Vice President
Ron Michels Senior Vice President, Chief Technology and Strategy Officer
Thomas C. Shields Executive Vice President & Chief Financial Officer
Brian Hurst V.P., Worldwide Sales
Dave Coller Vice President, Operations
John Warren III Vice President, HR
Ali Khatibzadeh Senior Vice President & General Manager of Wireless Business
Ronald Rosenzweig Founder
Jennifer Palella Director, Corp Marketing
Marcus Wise Senior Director, WLAN Prods
Kristina Panek Manager Investor Relations & Stock Plan Administration
Tim Blanke Manager, Corp Communications
Charlotte Chiang
Kristina Slade Specialist, Investor Relations
Mike Gagnon
Steven Plavny
Harry T. Rein Director
Lewis Solomon Director

Board of Directors

Name (plus bio) Position
David Fellows Board of Directors
Dennis F. Strigl Board of Directors
Garry K. McGuire Board Member
Gilles Delfassy Board of Directors
Paul S. Bachow Board of Directors

Organization Position Status
ANADIGICS, Inc. President, Chief Executive Officer and Director Current
Advanced Micro Devices, Inc. Executive Vice President, Computing Products Group Current
Quartics Board of Directors Current
Quartics CEO Former
Motorola, Inc. Semiconductor and Communication Former
Philip's &Co Former
Rensselaer Polytechnic Institute Master’s Degrees in Semiconductor Physics and Business Former
University Corp. Undergraduate Degree In Electrical Engineering Former

"Dr. Charles Huang is Executive Vice President & Chief Technical Officer Emeritus of ANADIGICS, Inc. He has served as the Chief Technical Officer from 1985 when he co-founded the company to April 2009. Dr. Huang is also an IEEE Fellow. ANADIGICS is a leading supplier of radio frequency and microwave frequency gallium arsenide (GaAs) integrated circuits. Dr. Huang is an experienced professional with over 30 years of design, development and production experience with GaAs technology for such companies as Hewlett-Packard, Avantek and ANADIGICS. Prior to co-founding ANADIGICS, Dr. Huang was Director of Gallium Arsenide Research & Development and Wafer Fabrication Services at Avantek. Dr. Huang is a graduate of the University of California, Berkeley, where he received his Doctorate in Electrical Engineering. "

Organization Position Status
ANADIGICS, Inc. CTO & Executive Vice President Current
ANADIGICS, Inc. Co-Founder Current
Avantek LLC Former
Gaas Former
Hewlett-Packard Company Former
University of California, Berkeley Former

Organization Position Status
ANADIGICS, Inc. Cto Current

Organization Position Status
ANADIGICS, Inc. CIO & Vice President Current

Ron Michels is the Senior Vice President, Chief Technology and Strategy Officer, responsible for technology development, advanced development, and strategic business development. He also serves as an Executive Corporate Officer of ANADIGICS. Ron joined ANADIGICS in 1987 and has served in several management and executive positions during that time. Prior to joining ANADIGICS, he held various engineering and management positions in Lockheed Electronics, New Jersey Public Broadcasting, and K & M Broadcasting. Ron earned his Bachelors degree in Electrical Engineering from the New Jersey Institute of Technology. He holds several US Patents, has authored a number of publications in the area of RF communications and serves on the Lehigh Electrical & Computer Engineering Advisory Board.

Organization Position Status
ANADIGICS, Inc. Senior Vice President, Chief Technology and Strategy Officer Current
Broadband.Com Senior Vice President Current
Broadband.Com General Manager Current
ANADIGICS, Inc. Executive Corporate Officer Current
ANADIGICS, Inc. Senior Vice President & General Manager of Broadband Business Former
ANADIGICS, Inc. Vice President, Broadband Prods Former
New Jersey Institute of Technology Bachelors Degree In Electrical Engineering Former

Mr. Shields has served as Executive Vice President and Chief Financial Officer of the Company since January 2006. He had previously served as Senior Vice President and Chief Financial Officer of the Company from July 1999. Prior to joining the Company, Mr. Shields served as Vice President and Controller of Fisher Scientific Company from 1997 to 1999. From 1994 to 1997, Mr. Shields served as Vice President and Controller for Harman Consumer Group. From 1986 to 1994, Mr. Shields served in various positions with Baker & Taylor, Inc. Mr. Shields received his B.S. and M.B.A. degrees from Fairleigh Dickinson University.

Organization Position Status
ANADIGICS, Inc. Executive Vice President & Chief Financial Officer Current
Aeanet Board of Directors Current
Harman Consumer Group Vice President of Finance Former
Harman Consumer Group Controller Former
Fairleigh Dickinson University MBA In Finance Former
Fairleigh Dickinson University BS In Accounting Former

Organization Position Status
Peregrine Semiconductor Corp. Vice President of Worldwide Sales Current
National Semiconductor Corporation V.P., Worldwide Sales Current
ANADIGICS, Inc. V.P., Worldwide Sales Current
Southern Methodist University Graduate Degree In International Marketing Former
The University of Texas B.S. Degree In Marketing Former

Organization Position Status
ANADIGICS, Inc. Vice President, Operations Current

Organization Position Status
ANADIGICS, Inc. Vice President, HR Current

"Dr. M. Ali Khatibzadeh is the Senior Vice President & General Manager of RF Products Business Unit at ANADIGICS, Inc. responsible for P&L of RF products for Cellular, WiFi, WiMAX, CATV and Infrastructure markets. He also serves as an Executive Corporate Officer of ANADIGICS. Dr. Khatibzadeh has more than 20 years of experience in the wireless industry. Before joining ANADIGICS in 2000, he was Director of Technology for Ericsson's American Standards Business Unit where he led the development of chipsets for TDMA and EDGE wireless handsets. Prior to that, he held engineering and management positions at Texas Instruments' Wireless Communications Business Unit in Dallas leading the development of RFIC’s for TI’s wireless chipset solutions. Dr. Khatibzadeh earned B.S. degrees in Electrical Engineering and Physics, M.S. and Ph.D. in Electrical Engineering from North Carolina State University in 1982, 1984, and 1987, respectively. He holds several US patents, has authored a number of publications and is a member of the IEEE. "

Organization Position Status
ANADIGICS, Inc. Senior Vice President & General Manager of Wireless Business Current
ANADIGICS, Inc. Executive Corporate Officer Current
Ieee Board of Directors Current
Tdma Director of Technology Former
North Carolina State University Ph.D. In Electrical Engineering Former
North Carolina State University M.S. Former
North Carolina State University B.S. Degrees In Electrical Engineering and Physics Former

Mr. Rosenzweig, co-founded ANADIGICS in 1985 and has served as a Director of the Company since its inception and as Vice-Chairman of the Board of Directors since August 2008. From the Company’s inception in 1985 until 1998, Mr. Rosenzweig served as President and Chief Executive Officer of the Company. Prior to ANADIGICS he co-founded Microwave Semiconductor Corp and served as the company’s President and Chief Executive Officer. Mr. Rosenzweig received his Bachelor Degree in Chemical Engineering from City College of New York.

Organization Position Status
ANADIGICS, Inc. Founder Current
ANADIGICS, Inc. Board of Directors Current

Organization Position Status
ANADIGICS, Inc. Director, Corp Marketing Current

Organization Position Status
ANADIGICS, Inc. Senior Director, WLAN Prods Current
ANADIGICS, Inc. Senior Director, WLAN Prods Former

Organization Position Status
ANADIGICS, Inc. Manager Investor Relations & Stock Plan Administration Current

Organization Position Status
ANADIGICS, Inc. Manager, Corp Communications Current

Organization Position Status
ANADIGICS, Inc. Current

Organization Position Status
ANADIGICS, Inc. Specialist, Investor Relations Current

Mike has twenty-five years operating experience in semiconductors and communications, specializing in strategic planning, marketing and business development at companies such as Analog Devices, Anadigics and the world's first DSP company, TRW LSI Products. Mike has also served as the CEO of a networking company and consultant to several technology start-ups. Most recently, he co-founded GTV Capital, an early stage venture fund. Mike is a frequent speaker and panel member at entrepreneur forums. Mike leads the firm's Boston office. Mike received his BSEE from the University of Massachusetts and an MBA from California State University; he also studied strategic planning at Harvard University.

Organization Position Status
Fundingpost.Com CEO Current
Vista Ventures Venture Advisor Current
Analog Devices, Inc. Current
ANADIGICS, Inc. Current
Dafca, Inc. Investor Current
Sige Semiconductor, Inc. Investor Current
Net-Working CEO Former
Fundingpost.Com Venture Advisor, Vista Ventures Former
California State University Mba Former
University of Massachusetts Amherst Bsee Former
Harvard University Strategic Planning Former

Organization Position Status
ANADIGICS, Inc. Current

Mr. Fellows has served as a Director of the Company since May 2007 and had served as a member of the Company's Technical Advisory Board from April 2003 until May 2007. Prior to that, he served as Director of the Company from September 1994 until April 2003. Mr. Fellows is currently an Executive VP and Executive Fellow with Comcast Cable, advising the company on technology matters, since January, 2007. In addition, he is a General Partner of Genovation Capital, LLC which is an early stage venture capital company, since 2008. Prior to this he was the Chairman and CEO of K Sys Inc., a privately-held Internet software company doing business as Knowledge-Banking Systems during 2007 and 2008. From 2003 to 2006 he was EVP and Chief Technology Officer at Comcast Cable, in charge of technology, engineering and technical operations. Prior to that, from December 2001 until their acquisition by Comcast in 2003 he was Chief Technology Officer at AT&T Broadband. Mr. Fellows received his Bachelor Degree in Engineering and Applied Physics from Harvard College and a Masters Degree in Electrical Engineering from Northeastern University. Mr. Fellows is also Chairman of the Board of Trustees of the North Shore Music Theatre in Beverly, MA. He is chair of the Data Standards Subcommittee for the SCTE, and was previously a member of the Board of Directors for CableLabs in Louisville, CO. He serves on and has served on, a number of Technical Advisory Boards.

Organization Position Status
ANADIGICS, Inc. Board of Directors Current
Northeastern University Masters Degree In Electrical Engineering Former
Harvard College Bachelor Degree In Engineering and Applied Physics Former

Organization Position Status
Verizon Communications Inc. President & COO Current
Canisius College Chairman Current
The PNC Financial Services Group Inc. Board of Directors Current
Reiter's Camera Phone Report Board of Directors Current
Eastman Kodak Company Board of Directors Current
ANADIGICS, Inc. Board of Directors Current
PNC Bank Board of Directors Current
Verizon Wireless, Inc. Chief Executive Officer Former
Verizon Communications Inc. Executive Vice President Former
Fairleigh Dickinson University MBA Former
Canisius College Degree In Business Administration Former

Organization Position Status
Avaya Inc. Chief Financial Officer Current
Avaya Inc. Board of Directors Current
Telcordia Technologies, Inc. Board of Directors Current
University of Dayton Board of Directors Current
ANADIGICS, Inc. Board Member Current
Avaya Inc. Senior Vice President Corporate Development Former
Northern Telecom Vice President, Strategic Planning Former

Mr. Delfassy has served as a Director of the Company since January 2008 and Chairman of the Board of Directors since August 2008. Mr. Delfassy also served as the interim Chief Executive Officer of the Company from August 17, 2008 to February 1, 2009, when Mr. Rivas assumed the position of Chief Executive Officer. He is the retired Senior Vice President of the Worldwide Wireless Terminals Business Unit, Texas Instruments Incorporated and was at the helm of the company’s successful wireless terminals unit since its inception in 1995. Previously he had served as Texas Instrument’s European Digital Signal Processing Department Manager and led its European Automotive Electronics business. Mr. Delfassy currently serves as an advisor for 3i and Pitango, which are private companies, and sits on the board of directors of Spansion Inc. and Discretix, a private company. Mr. Delfassy holds an Engineering Diploma (Master of Science in Electrical Engineering) from Ecole Nationale Supérieure d'Electronique et d’ Automatique de Toulouse and a degree in Business Administration from Institut d’Administration des Entreprises de Paris.

Organization Position Status
ANADIGICS, Inc. Board of Directors Current
Discretix Technologies, Ltd. Board of Directors Current
ANADIGICS, Inc. Chairman and Interim Chief Executive Officer Former

Harry T. Rein is a General Partner with Foundation Medical Partners. Mr. Rein served for 15 years as the Founder and Managing General Partner of Canaan Partners. In addition to his role as the Managing General Partner at Canaan Partners, Mr. Rein was responsible for Canaan's Life Sciences Investment Practice. Mr. Rein has extensive experience with small and mid-sized companies, including the supervision of all investments made by GE Venture Capital during his tenure as President. Mr. Rein has served on the boards of directors of over 20 public and private entrepreneurial companies. Mr. Rein also serves as a Trustee of The Cleveland Clinic Foundation, and is a member of the Clinic's Executive, Strategic Planning, Research and Education, and Finance and Budgeting committees. Mr. Rein attended Emory University and Oglethorpe College (1968) and holds an M.B.A. from the Darden School at the University of Virginia (1973).

Organization Position Status
CardioNet, Inc. General Partner Current
Foundation Medical Partners L.P. General Partner Current
Spine Wave, Inc. Director Current
ANADIGICS, Inc. Director Current
Polaroid Corporation Vice President Former
Canaan Partners Founder Former
Canaan Partners Managing General Partner Former
CardioNet, Inc. Board of Directors Former
Gulf Oil Corporation Director Former
University of Virginia M.B.A. Former
Darden Graduate School of Business Administration M.B.A. Former
Emory University Former

Lewis Solomon was elected Chairman of the Board of Directors in May 2008 and has been a director of the Company since January 2002. He is Co-Founder and Chairman of G&L Investments, a consulting firm specializing in technology. Mr. Solomon also co-founded and was Chief Executive Officer of Broadband Services, Inc. (BSI), an outsource provider of supply chain management, network planning, and fulfillment services from 1999 to 2004. From 1983 to 1988, he served as the Executive Vice President of Alan Patricof Associates, a global venture capital firm. Mr. Solomon also spent 14 years at General Instrument Corporation, ultimately as Senior Vice President and Assistant to the Chief Executive Officer. Mr. Solomon is a director of Anadigics Inc., Artesyn Technologies Inc., and several private companies.

Organization Position Status
Harmonic Inc. Chairman Current
Lantronix, Inc. Chairman of Board, Chairman of Compensation Committee Current
Activevideo Networks, Inc. Board of Directors Current
ICTV, Inc. Board of Directors Current
ANADIGICS, Inc. Director Current
Artesyn Technologies, Inc. Board of Directors Current
Terayon Communication Systems, Inc. Director Current
General Instrument Corporation CEO Former
General Instrument Corporation senior vice president Former
Gic, Inc. vice president of marketing Former
General Instrument Corporation assistant Former
Gl.Com Former
Harmonic Inc. Board of Directors Former
Lantronix, Inc. Board of Directors Former
Temple University M.S. degree in industrial engineering Former
St Joseph's College Bachelor Degree In Physics Former

Organization Position Status
Bachow & Associates, Inc. President Current
ANADIGICS, Inc. Board of Directors Current
Bachow & Associates, Inc. Senior Managing Director Former
Bachow & Associates, Inc. Founder Former
Bachow & Associates, Inc. Owner Former
Rutgers School of Law J.D. Former
New York University Master's Degree In Tax Law Former
American University B.A. Former

Executive News

  • Verizon 'legend' to retire

    Washington Technology - 9/08/09 - View Story

  • Verizon COO Announces Plans to Retire

    Cable World - 9/05/09 - View Story

  • Verizon operations chief Strigl to retire

    NetworkWorld - 9/04/09 - View Story

  • Verizon Operations Chief Strigl to Retire

    PC World - 9/04/09 - View Story

  • Verizon Veteran Plans to Retire

    The Wall Street Journal Interactive Edition - 9/04/09 - View Story

  • Verizons COO Dennis F. Strigl to Retire

    Converge! Network Digest - 9/04/09 - View Story

  • Verizon COO Strigl to retire by year-end

    Fierce Wireless - 9/03/09 - View Story

  • Verizon COO Dennis Strigl to retire

    Crains NY Business - 9/03/09 - View Story

  • Verizon Prez/COO to Retire

    Light Reading - 9/03/09 - View Story

  • Verizon COO Strigl Retiring By Year's End

    XChange Magazine - 9/03/09 - View Story

  • UPDATE: Verizon COO Strigl To Retire, Opens No. 2 Spot

    CNN Money - 9/03/09 - View Story

  • Verizon Operating Chief Strigl To Retire From Post

    Morningstar.com - 9/03/09 - View Story

  • BRIEF-Verizon COO plans to retire

    Forbes.com - 9/03/09 - View Story

  • Market Report -- In Play (VZ)

    Briefing.com via MSN Money - 9/03/09 - View Story

  • UPDATE 1-Verizon COO Strigl to retire by year-end

    Reuters - 9/03/09 - View Story

  • Verizon COO Announces Plans to Retire

    PR Newswire - 9/03/09 - View Story

  • Prepaid seems to be the way to go these days....

    Fierce Wireless - 8/28/09 - View Story

  • A Motorola Android Handset Looking Likely for Sept. 10

    eWeek - 8/26/09 - View Story

  • The Coming Explosion in Mobile Internet

    SYS-CON Media - 8/15/09 - View Story

  • Verizon Tells of LTE Tests

    PC World - 8/15/09 - View Story

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     ANAD $3.59 +0.04 (1.13% )
Average Volume 889,622
Shares Outstanding 63.72M
Market Cap 228.8M
Year High 5.21
Year Low 1.22
Earnings Per Share -1.41
P/E Ratio -2.55
Dividend N/A
Yield N/A
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