BNET Industries

Market Cap:$456.5M
Last Fiscal Year Sales:$246.1M
  • Public
  • US
Dow Jones Description

Applied Micro Circuits makes data go in and out, but its bottom line only goes up. Founded in 1979 and headquartered in San Diego, CA, Applied Micro Circuits Corporation (NASDAQ: AMCC) is a fabless firm that makes chips for networking and storage systems. The company has a range of products that manage data flow into and out of networks: controllers, host bus adapters, network processors, and switch fabrics. It has sales and engineering offices around the world. The company had 2006 revenue of about $261.8 million and employs about 750 people. In February 2006, it signed a distribution agreement with Arrow Electronics, Inc., who will distribute AMCC's communications and embedded semiconductor solutions throughout the US.

President & CEO
Kambiz Hooshmand
Number of Employees 551
Contact Information

215 Moffett Park Drive

Sunnyvale, California 94089

www.amcc.com

408-542-8600

NAICS Code Semiconductor and Related Device Manufacturing: 334413

Recent Events

  • AppliedMicro Standardizes on Cadence Encounter Digital Implementation System

    12/08/09 - Licensing / Contract - View Story

  • Applied Micro Circuits Q2 Loss Widens - Quick Facts

    10/29/09 - Financial Announcement - View Story

  • AppliedMicro-TSMC Collaboration Brings Power Architecture

    9/25/09 - Joint Venture / Alliance - View Story

  • AppliedMicro-TSMC Collaboration Brings Power Architecture Microprocessors to TSMC Technology Platforms

    9/25/09 - Joint Venture / Alliance - View Story

  • AppliedMicro-TSMC Collaboration Brings Power Architecture...

    9/25/09 - Joint Venture / Alliance - View Story

  • AMCC Chooses Infinisim RASER for Verification Advanced SOCs and Mixed-signal Designs

    9/15/09 - Licensing / Contract - View Story

News & Analysis

applied micro circuits corp. and finance - All News and Analysis

Decision Makers

Name (plus bio) Position
Kambiz Hooshmand President & CEO
Jeffery A. Blazevich CFO, Vice President & Controller
Robert G. Gargus CFO & Senior Vice President
Stephen Smith CFO & Senior Vice President
Thomas L. Tullie COO
Candace H. Kilburn Senior Vice President, HR
Joseph Vithayathil Senior Vice President, Business Development
Ramakrishna Sudireddy Senior Vice President, Engineering
Robert H. Bagheri Senior Vice President, Operations & Quality
Timothy M. Heenan Senior Vice President
Barbara Murphy Vice President & General Manager, Storage
Brian F. Wilkie Vice President & General Manager
Cynthia D. Daly Assistant Vice President, Marketing
Cynthia J. Moreland General Counsel, Vice President & Secretary
Daryn Lau Vice President & General Manager
David R. Mersten General Counsel, Vice President & Assistant Secretary
Mark Hunsicker Vice President, Marketing, Switching & Routing
Myrna J. Reiss Vice President, Marketing
Sam Fuller Vice President, Marketing
Scott Dawson Vice President
Michael Joyce Marketing Director
Neal Neslusan Director, Marketing
Ron MacLeod Director, Sales
Scott Cleland Marketing Director
Steve McClure Director, Marketing
Alan Millard Senior Manager, Engineering
Brent Little Senior Vice President & General Manager
Debra Hart Manager, Investor Relations
Steve Klinger Marketing Manager
Murray A. Goldman
Paul Larson
Franklin Johnson Director

Board of Directors

Name (plus bio) Position
Arthur B. Stabenow Board of Directors
Cesar Cesaratto Board of Directors
David B. Wright Board of Directors
Harvey P. White Board of Directors
Julie H. Sullivan Board of Directors
L. Wayne Price Board of Directors
Roger A. Simullen Vice Chairman
Roger A. Smullen Board of Directors

Kambiz Hooshmand joined AMCC as president and chief executive officer in March 2005. Prior to AMCC he was with Cisco Systems, where he most recently served as vice president and general manager of Cisco's Optical and Broadband Transport Technology group. At Cisco, Mr. Hooshmand held several executive-level positions in Multi-Service Switching, DSL, Carrier Core and Multi-Service, and Optical and Broadband Transport business units. He joined Cisco as a director of engineering as part of the StrataCom acquisition in 1996. Mr. Hooshmand was one of the early leaders at StrataCom that developed the nascent Frame Relay market into what is now a multi-billion dollar worldwide services market. Mr. Hooshmand's work with both domestic and international carriers led to the deployment of many of the largest and most high-availability data networks in the world. Mr. Hooshmand has over two decades of experience in core routing, VoIP, ATM, access and transport technologies. Mr. Hooshmand holds a Master of Science degree in Engineering Management from Stanford University and a Bachelor of Science degree in Electrical Engineering from California State University at Chico.

Organization Position Status
Applied Micro Circuits Corporation President & CEO Current
Applied Micro Circuits Corporation Board of Directors Current
Amcc Corp chief executive officer Former
Amcc Corp president Former
3ware Inc. President & CEO Former
Cisco Systems, Inc. Vice President & General Manager, Optical & Broadband Transport Technology Group Former

Organization Position Status
Applied Micro Circuits Corporation CFO, Vice President & Controller Current

Organization Position Status
Amcc Corp Chief Financial Officer Current
Applied Micro Circuits Corporation CFO & Senior Vice President Current
Amcc Corp Vice President, Communications Current
Silicon Image Inc. Cfo Former
Open-Silicon, Inc. Chief Financial Officer Former

Organization Position Status
Applied Micro Circuits Corporation CFO & Senior Vice President Current

Organization Position Status
Applied Micro Circuits Corporation COO Current

Organization Position Status
Applied Micro Circuits Corporation Senior Vice President, HR Current

Organization Position Status
Applied Micro Circuits Corporation Senior Vice President, Business Development Current

Organization Position Status
Applied Micro Circuits Corporation Senior Vice President, Engineering Current

Organization Position Status
Applied Micro Circuits Corporation Senior Vice President, Operations & Quality Current
Amcc Corp Senior Vice President, Operations Current
Zenverge Vice President, Operations and Quality Reliability Current
Silicon Image Inc. executive vice president, Central Engineering and Operations and Quality and Reliability Former

Organization Position Status
Applied Micro Circuits Corporation Senior Vice President Current

Barbara Murphy joined AMCC in 2004 when AMCC acquired 3ware, Inc., where she served as Vice President of Marketing. Ms. Murphy has over 15 years experience in the communications and storage industry. Prior to joining 3ware, Ms. Murphy worked as a marketing consultant developing business plans and go-to-market strategies for various technology companies. Ms....

Organization Position Status
Amcc Corp Vice President and General Manager, Storage Current
Applied Micro Circuits Corporation Vice President & General Manager, Storage Current
3ware Inc. Vice President, Marketing Former

Organization Position Status
Applied Micro Circuits Corporation Vice President & General Manager Current

Organization Position Status
Applied Micro Circuits Corporation Assistant Vice President, Marketing Current

Cindi Moreland joined AMCC in July 2005 with over 20 years legal experience working with technology companies as both outside and in-house counsel. Prior to joining AMCC, Ms. Moreland served as "Of Counsel" with McGlinchey Stafford, PLLC where she focused on commercial transactions and litigation, intellectual property, government contracts and corporate compliance. From 1989 - 2001, Ms. Moreland served in a number of increasingly responsible positions at Motorola including three years as head of legal for Motorola's Semiconductor Products Sector (now Freescale, Inc.). Ms. Moreland started her legal career in Washington DC, with Steptoe & Johnson, one of the countries largest and most prestigious law firms. Ms. Moreland earned a Bachelor of Arts from the University of Mississippi, magna cum laude and her Juris Doctor from the University of Mississippi, cum laude. She is a past chair of the Legal Issues Committee of the Intelligent Transportation Society of America and a former instructor of government contracts at the University of Phoenix.

Organization Position Status
Applied Micro Circuits Corporation General Counsel, Vice President & Secretary Current
Amcc Corp Secretary Former

Organization Position Status
Applied Micro Circuits Corporation Vice President & General Manager Current

Mr. Mersten is responsible for leading the legal and corporate governance functions within Accelrys. He also acts as Secretary to our Board of Directors. His role includes oversight of a team providing legal across all business areas: commercial licensing, contract negotiations and administration, mergers and acquisitions/finance, intellectual property/patents, labor and litigation, and stock administration. Mr. Mersten has considerable experience managing the legal office for publicly-held technology firms and, most recently, held the position of Vice President, General Counsel, Assistant Secretary and Compliance Officer at Applied Micro Circuits Corporation prior to which he was Corporate Counsel for Integrated Device Technology, Inc. Admitted to the CA bar in 1990, he graduated Magna Cum Laude with a B.S. in Political Science from the University of California, Los Angeles and received his JD Cum Laude from the Hastings College of Law at the University of California, San Francisco.

Organization Position Status
The Computer-Aided Nanodesign Senior Vice President, General Counsel and Secretary Current
Accelrys, Inc. Senior Vice President, General Counsel and Secretary Current
Applied Micro Circuits Corporation General Counsel, Vice President & Assistant Secretary Current
Applied Micro Circuits Corporation Assistant Secretary and Compliance Officer Former
Integrated Device Technology, Inc. Corporate Counsel Former
Hastings College of the Law Jd Former
University of California, Los Angeles B.S. in Political Science Former

Organization Position Status
Applied Micro Circuits Corporation Vice President, Marketing, Switching & Routing Current

Organization Position Status
Applied Micro Circuits Corporation Vice President, Marketing Current

Organization Position Status
Applied Micro Circuits Corporation Vice President, Marketing Current

Organization Position Status
Applied Micro Circuits Corporation Vice President Current

Organization Position Status
Applied Micro Circuits Corporation Marketing Director Current

Organization Position Status
Applied Micro Circuits Corporation Director, Marketing Current

Organization Position Status
Applied Micro Circuits Corporation Director, Sales Current
Applied Micro Circuits Corporation Director, Sales Former

Organization Position Status
Applied Micro Circuits Corporation Marketing Director Current

Organization Position Status
Applied Micro Circuits Corporation Director, Marketing Current

Organization Position Status
Applied Micro Circuits Corporation Senior Manager, Engineering Current

Organization Position Status
Applied Micro Circuits Corporation Senior Vice President & General Manager Current

Organization Position Status
Applied Micro Circuits Corporation Manager, Investor Relations Current

Organization Position Status
Applied Micro Circuits Corporation Marketing Manager Current

Organization Position Status
Applied Micro Circuits Corporation Current
Transmeta Corporation Chairman Current
Transmeta Corporation Board of Directors Current
Motorola, Inc. assistant general manager Former
Motorola, Inc. Semiconductor Products Sector Former
Pericom Semiconductor Corporation Board of Directors Former
New York University Ph.D. in electrical engineering Former
University of Pittsburgh B.S. degree in electrical engineering Former

Mr. Paul Larson is president and COO of Daylight Solutions, a San Diego-based startup focused on mid-IR non-invasive molecular detection and imaging. A seasoned executive with more than 22 years of experience in leading engineering and business entities, Mr. Larson's background includes business management, finance, marketing, engineering, and operations. He has held senior management positions with successful startups, such as San Diego-based, Applied Micro Circuits Corporation (AMCC) and Qualcomm, Inc. As Director of ASIC Programs for Qualcomm, Mr. Larson contributed significantly to the company's early and successful efforts to establish a commercially viable ASIC division. Mr. Larson managed products that exceeded $600M in annual revenue. He has also contributed to business operations of large, global companies such as Ericsson, where he was director of business management. Mr. Larson began his career as a semiconductor test and product engineer with Motorola's Research Applications Laboratory in Mesa, Arizona (MICARL). He holds a B.S.E.E. from the United States International University and an MBA from San Diego State University.

Organization Position Status
Daylight Solutions President Current
Photon Forum President and Coo of Daylight Solutions Current
Daylight Solutions COO Current
Applied Micro Circuits Corporation Current
Tangiblefuture, Inc. Current
Daylight Solutions Board of Directors Current
QUALCOMM Incorporated Director of Asic Programs Former
Motorola, Inc. Electrical Engineer Former
San Diego State University MBA Former
United States International University B.S.E.E. Former

Arthur Stabenow founded Right90 in August, 2003 along with Kim Orumchian and Dean Skelton. He serves as a director of Applied Micro Circuits Corporation and Zoran, Inc. Art was Chairman, President and Chief Executive Officer of Micro Linear Corporation, a manufacturer of integrated circuits, from April 1986 until his retirement in January 1999. He has over 35 years of experience in the semiconductor industry. From January 1979 to March 1986, he was employed as a vice president and general manager at National Semiconductor Corporation. Art holds an M.B.A. from the University of New Haven.

Organization Position Status
RIGHT90 Inc. Founder Current
Zoran Corporation Director Current
Applied Micro Circuits Corporation Board of Directors Current
Micro Linear Corporation Chief Executive Officer Former
Micro Linear Corporation President Former
National Semiconductor Corporation Vice President Former
National Semiconductor Corporation General Manager Former
Micro Linear Corporation Chairman Former
Applied Micro Circuits Corporation Director Former
Amcc Corp Director Former
University of New Haven M.B.A. Former

Cesar Cesaratto became a Director of the Company in April 2002. Mr. Cesaratto currently works with a number of investment groups where he contributes his experience and contacts to the development of select start-up ventures in the communication technology sector. From 1970 to May 2001, Mr. Cesaratto held a number of executive positions with Nortel Networks Corporation spanning component and product development, operations, and sales and marketing. His most recent position at Nortel was as President Wireless Systems for EMEA. Mr. Cesaratto retired from Nortel Networks in May 2001. Mr. Cesaratto currently serves on the board of Gennum Corporation and on its Compensation Committee. He holds a Bachelor of Science degree in Electrical Engineering from McGill University.

Organization Position Status
Applied Micro Circuits Corporation Board of Directors Current
Gennum Corporation Board of Directors Current
Nortel Networks Corporation Former
Applied Micro Circuits Corporation Chairman Former
Applied Micro Circuits Corporation Director Former

Organization Position Status
Verari Systems, Inc. Chief Executive Officer Current
SourceForge, Inc. Current
Verari Systems, Inc. Chairman of The Board Current
Sourceforge.Net Board of Directors Current
Amcc Corp Director Current
Applied Micro Circuits Corporation Board of Directors Current
ISO Properties Inc. Board of Directors Current
Legato Systems, Inc. Chief Executive Officer Former
Fujitsu Limited Chief Executive Officer Former
Legato Systems, Inc. President Former
Fujitsu Limited President Former
EMC Corporation Executive Vice President, Strategic Alliances & Accounting, Global Former
Fujitsu Limited Vice President for Sales and Service Former
Amdahl Corporation Former
Legato Systems, Inc. Chairman Former
Xavier University Former
Ohio.Com Former

Organization Position Status
Asset Management Company founding partner Current
Applied Micro Circuits Corporation Director Current
Stanford Graduate School of Business Professor Former
Harvard Business School graduate Former
Stanford University graduate Former

HARVEY P. WHITE has been a director of ViaSat since May 2005. Since June 2004, Mr. White has served as Chairman of (SHW)2 Enterprises, a business development and consulting firm. From September 1998 through June 2004, Mr. White served as Chairman and Chief Executive Officer of Leap Wireless International, Inc. Prior to that, Mr. White was a co-founder of QUALCOMM Incorporated where he held various positions including director, President, and Chief Operating Officer. Mr. White attended West Virginia Wesleyan College and Marshall University where he received a B.A. degree in Economics.

Organization Position Status
Vsat Networks Chairman Current
Quanlight, Inc. Chairman of the Board Current
ViaSat, Inc. Board of Directors Current
Viasat Director Current
Motive Inc. Director Current
Applied Micro Circuits Corporation Board of Directors Current
Amcc Corp Board of Directors Current
Leap Wireless International, Inc. Chief Executive Officer Former
QUALCOMM Incorporated President Former
QUALCOMM Incorporated Coo Former
QUALCOMM Incorporated Executive Vice President Former
QUALCOMM Incorporated Co-Founder Former
Linkabit Coo and Director Former
Link-16 and International Chairman Former
Leap Wireless International, Inc. Chairman Former
Linkabit Director Former
Link-16 and International Director Former
Vsat Networks Director Former
QUALCOMM Incorporated Director Former
Marshall University Ph.D. In Humanities Former
Marshall University B.A. In Economics Former
University of California, Santa Barbara Bachelor's Degrees Former
West Virginia Wesleyan College Former

Julie H. Sullivan became a Director of the Company in 2005. As of July 1, 2005, Dr. Sullivan is the Vice-President and Provost of the University of San Diego. From July 2003, Dr. Sullivan was a Professor of Accounting at the University of California, San Diego, Rady School of Management. Previously, she served as Interim Dean, Senior Associate Dean, and as a Professor of Accounting at the University of North Carolina at Chapel Hill, Kenan-Flagler Business School. Dr. Sullivan currently serves as an advisory director for Schenectady International, a privately held chemical intermediaries company, and is on the non-profit boards of the Old Globe Theatre and Project Concern International. Dr. Sullivan received her Ph.D. in Business and Accounting, M.A. in Accounting and Taxation, and Bachelor of Science in Business and Accounting with high honors from the University of Florida.

Organization Position Status
Applied Micro Circuits Corporation Board of Directors Current

Organization Position Status
Applied Micro Circuits Corporation Board of Directors Current

Organization Position Status
Applied Micro Circuits Corporation Vice Chairman Current

Organization Position Status
Applied Micro Circuits Corporation Board of Directors Current
Applied Micro Circuits Corporation Vice Chairman Current

Executive News

  • PICO Holdings, Inc. Announces Results for the Second Quarter and First Half of 2009, Additional Purchase of Real Estate

    NewsBlaze - 8/10/09 - View Story

  • PICO Holdings, Inc. Announces Results for the Second Quarter and First Half of 2009, Additional Purchase of Real Estate and the Addition of Two New Directors

    Yahoo! Canada - 8/10/09 - View Story

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     AMCC $6.91 +0.05 (0.73% )
Average Volume 899,805
Shares Outstanding 66.64M
Market Cap 460.5M
Year High 10.59
Year Low 3.24
Earnings Per Share -4.03
P/E Ratio -1.71
Dividend N/A
Yield N/A
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