MaxLinear Ranked Number 346th Fastest Growing Company in North America on Deloitte’s 2016 Technology Fast 500™
November 23 2016 - 8:00AM
Business Wire
Company had 207 percent revenue growth due to growth in core
broadband communications markets and successful fiber-topic and
high-speed wireless initiatives
MaxLinear, Inc. today announced it ranked 346th on Deloitte’s
Technology Fast 500™, a ranking of the 500 fastest growing
technology, media, telecommunications, life sciences and energy
tech companies in North America. MaxLinear grew 207 percent during
this period.
MaxLinear’s chief executive officer, Dr. Kishore Seendripu,
credits a combination of strong growth in its core broadband
communications markets and successful new organic initiatives in
high-speed fiber interconnects for cloud-data center and telecom
networking applications, as well as recent acquisitions of product
revenues addressing wireless backhaul, and access infrastructure
assets for the company’s 207 percent revenue growth.
"The Deloitte Fast 500 once again truly recognizes our employees
for their steadfast commitment to excellence, innovation and
teamwork through all the years from our inception until today,”
Seendripu said. “There is nothing more rewarding than to be
acknowledged by your peers and the industry for your efforts."
“Today, when every organization can be a tech company, the most
effective businesses not only foster the courage to explore change,
but also encourage creativity in using and applying existing assets
in new ways, as resourcefully as possible,” said Sandra Shirai,
principal, Deloitte Consulting LLP and U.S. technology, media and
telecommunications industry leader. “This ingenious approach to
innovation calls for the encouragement of curiosity and
collaboration both within and outside the office walls.”
“This year’s Fast 500 winners showcase that when organizations
are open to diverse perspectives and insights, they are able to
create an environment for their employees and customers to see the
possibilities and ingenious solutions that might lie ahead,” added
Jim Atwell, national managing partner of the emerging growth
company practice, Deloitte & Touche LLP. “Entrepreneurial
environments foster change and innovation within businesses, and we
look forward to watching these companies continue to drive change
across all sectors.”
Overall, 2016 Technology Fast 500™ companies achieved revenue
growth ranging from 121 percent to 66,661 percent from 2012 to
2015, with median growth of 290 percent.
About Deloitte’s 2016 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest
growing technology, media, telecommunications, life sciences and
energy tech companies – both public and private – in North America.
Technology Fast 500 award winners are selected based on percentage
fiscal year revenue growth from 2012 to 2015.
In order to be eligible for Technology Fast 500 recognition,
companies must own proprietary intellectual property or technology
that is sold to customers in products that contribute to a majority
of the company's operating revenues. Companies must have base-year
operating revenues of at least $50,000 USD, and current-year
operating revenues of at least $5 million USD. Additionally,
companies must be in business for a minimum of four years and be
headquartered within North America.
As used in this document, “Deloitte” means Deloitte LLP and its
subsidiaries. Please see www.deloitte.com/us/about for a
detailed description of the legal structure of Deloitte LLP and its
subsidiaries. Certain services may not be available to attest
clients under the rules and regulations of public accounting.
About MaxLinear, Inc.
MaxLinear, Inc. (NYSE: MXL), a leading provider of radio
frequency (RF) and mixed-signal integrated circuits for cable and
satellite broadband communications, the connected home, data
center, metro, long-haul fiber networks, and wireless
infrastructure markets. MaxLinear is headquartered in Carlsbad,
California. For more information, please visit
www.maxlinear.com.
MxL and the MaxLinear logo are trademarks of MaxLinear, Inc.
Other trademarks appearing herein are the property of their
respective owners.
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MaxLinear Inc. Press Contact:David RodewaldThe David
James Agency LLC+1
805-494-9508david@davidjamesagency.comorMaxLinear Inc. Corporate
Contact:Will TorgersonVice President of Marketing+1
760-692-0711wtorgerson@maxlinear.com
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