Lattice Semiconductor Corporation
Explore Lattice Semiconductor
Core profile pages, annual revenue records, and related research hubs for this company.
Lattice Semiconductor Corporation
Explore Lattice Semiconductor
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 1983 in Hillsboro, Oregon, United States
Lattice was founded in 1983 in Oregon during the rise of programmable logic. After early turbulence and later industry consolidation, it became one of the few independent FPGA companies focused on low-power devices.
C. Norman Winningstad, Rahul Sud, and Ray Capece found Lattice in Oregon.
Lattice becomes a public semiconductor company.
The deal strengthens Lattice's low-power FPGA roadmap.
Ford Tamer is appointed CEO.
Lattice reports $523.262 million in revenue, $3.084 million in GAAP net income, and 1,174 employees.
Lattice announces a definitive agreement to acquire AMI for $1.65 billion, expanding its strategy from low-power FPGA silicon into firmware and infrastructure manageability.
Lattice was founded in 1983 in Oregon's 'Silicon Forest' by C. Norman Winningstad, Rahul Sud, and Ray Capece.
They were pioneers in ISP (In-System Programmability). Before ISP, programmable chips had to be physically removed from a circuit board to be reprogrammed. Lattice invented chips that could be reprogrammed while still soldered to the board, revolutionizing electronics manufacturing.
Early on, the company struggled with manufacturing yields and intense patent litigation. They filed for Chapter 11 bankruptcy in 1987 but successfully reorganized and emerged a few months later, going public in 1989.
In 2017, Lattice agreed to be acquired by Canyon Bridge Capital Partners. However, because Canyon Bridge was funded by the Chinese government, the Trump administration (via CFIUS) blocked the deal due to national security concerns regarding semiconductor technology.
Appointed CEO in 2018 (following the failed buyout), Jim Anderson executed a massive turnaround. He abandoned unprofitable legacy businesses, slashed costs, and focused the company entirely on low-power, small-form-factor FPGAs, driving massive stock growth.