GigOptix, Inc. Ranked 305th Fastest Growing Company in North America on Deloitte’s 2013 Technology Fast 500™
November 13 2013 - 8:00AM
Business Wire
GigOptix, Inc. (NYSE MKT: GIG), a leading supplier of advanced
semiconductor communications components for use in Cloud
connectivity, data centers, and high-speed optical and wireless
networks, today announced it ranked 305th on Deloitte’s Technology
Fast 500™, a ranking of the 500 fastest growing technology, media,
telecommunications, life sciences and clean technology companies in
North America. GigOptix grew 280 percent during this period.
“We are honored to be recognized as a Technology Fast 500™
company again this year and we look forward to continuous growth,”
said Curt Sacks, Senior VP and Chief Financial Officer of GigOptix,
Inc. “We recently announced our third quarter revenue grew 7
percent sequentially and have guided to an additional 5 percent
revenue growth, along with improved bottom line performance, in the
fourth quarter. With a strong order backlog and new products
scheduled for introduction over the next few quarters, we have a
solid platform to build on as we continue look to grow our business
in 2014.”
“The 2013 Deloitte Technology Fast 500 companies are exemplary
cases of those spurring growth in a tough market through
innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and
U.S. technology, media and telecommunications leader. “This year’s
list is a who’s who of companies behind the most exciting and
innovative products and services in the technology space. We
congratulate the Fast 500 companies and look forward to what they
do next.”
“The fastest growing companies in the US are drivers of constant
innovation and operate with the agility to stay ahead of a quickly
evolving marketplace, and software, biotech/pharma and internet
companies continue to be at the forefront,” added James Atwell,
national managing partner of the Emerging Growth Company practice,
Deloitte Services LP. “The companies excelling in these sectors
have a startup mentality that allows them to be nimble and adapt
quickly, which is why they consistently lead the list of
fast-growing companies each year.”
GigOptix previously ranked 125th and 95th as a Technology Fast
500™ award winner for 2012 and 2011, respectively.
About GigOptix, Inc.
GigOptix is a leading fabless supplier of high speed
semiconductor components that enable end-to-end information
streaming over the network and address emerging high-growth
opportunities for Cloud connectivity, datacenters and high-speed
optical and wireless networks, and the industrial, defense and
avionics industries. GigOptix offers a unique broad portfolio of
Drivers, TIAs and TFPSTM optical modulators for 40G, 100G and 400G
fiber-optic telecommunications and data-communications networks,
and high performance MMIC solutions that enable next generation
wireless microwave systems up to 90GHz. GigOptix also offers a wide
range of digital and mixed-signal ASIC solutions and enables
product lifetime extension through its GigOptix Sunset Rescue
Program.
Media:GigOptix, Inc.Josh Nakaska, 408-522-3172Marketing
Directorjnakaska@gigoptix.comorInvestor Relations:Darrow
Associates, Inc.Jim Fanucchi, 408-404-5400ir@gigoptix.com
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