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Skyworks Solutions

Skyworks Solutions – A Wireless Semiconductor Solutions Specialist.

Skyworks Solutions is an American company driving the wireless communication revolution. A member of the S&P 500 and Nasdaq-100 market indices, is a multinational corporation with engineering, operations, marketing, sales, and support facilities spread across Europe, North America, and Asia. It is the biggest company in the world that specializes in wireless semiconductor solutions.

About The Company

Skyworks Solutions has its main office in California. It produces semiconductors for usage in radio frequency (RF) and cellular communications networks. Power amplifiers, front-end modules, and RF solutions for mobile devices and wireless network infrastructure are some of the company’s products.

Skyworks Solutions
Image Source: finbold.com

In a variety of new and previously unforeseen applications in aviation, automobiles, cellular infrastructure, broadband, connected home, healthcare, industrial, military, smartphone, tablet, and wearable markets, the company’s highly innovative analog semiconductors are tying together individuals, locations, and things. It provides optimized solutions for mobile network applications, ranging from fundamental parts and interconnected RF modules to full system platforms.

History

On June 26, 2002, Alpha Industries and Conexant’s wireless communications segment merged, resulting in the creation of a new company named Skyworks Solutions. It is based in Irvine, California, and has production operations there as well as in Woburn, Mexicali, and Newbury Park, California.

The company has design centers in Irvine, Santa Rosa, Newbury Park, Woburn, Greensboro, Cedar Rapids, and Ottawa, among other cities. The corporation has design, engineering, production, marketing, sales, and service facilities spread across Europe, Asia, and North America. The setting for the “Such Great Heights” music video by The Postal Service is Skyworks’s chip production facility in Newbury Park.

In 2015, Skyworks Solutions and PMC-Sierra entered a binding agreement under which Skyworks Solutions was supposed to acquire the company. However, after Microsemi outbid Skyworks Solutions, the contract was terminated.

In 2021, Skyworks Solutions and Silicon Labs reached a binding deal for Skyworks Solutions to pay $2.75 billion for Silicon Labs’ Infra & Automotive division. In order to improve its international Research and Innovation activities, its Cellular System Business Unit established its Indian subsidiary in 2003.

In just two years, the design centers in India (Hyderabad and Noida) have made a significant impact on our present and future products by developing, designing, and testing systems and software solutions for wireless handset devices. In 2021, Skyworks Solutions generated a revenue of over 5.11$ billion.

Products

A few of the products offered by this company are modulators, mixers, optocouplers, phase shifters, optoisolators, PLLs/VCOs/synthesizers power combiners/dividers, power regulation gadgets, receivers, switches, and technical ceramics. The company also offers amplifiers, circulators, attenuators, front-end modules, demodulators, diodes, detectors, directional couplers, hybrids, and infrastructure RF subsystems.

Founder and CEO – Liam Griffin

Liam K. Griffin is the founder, president, chairman, and CEO of Skyworks Solutions. He had held the positions of CEO, Director, and President since May 2016 before being appointed as the chairman of the board in 2021. He oversaw all of Skyworks Solutions’ business segments while serving as executive VP and corporate general manager from 2012 to 2014.

He served as the vice president of global sales at Vectron International, before joining Skyworks Solutions. He has completed his bachelor’s from the University of Massachusetts and also holds an MBA degree from Boston University.

He presently sits on the executive committee of the CEO Leadership Alliance Orange County as well as the board of National Instruments, a provider of software-defined systems for automated measurement and testing systems. Previously, Mr. Griffin was a member of Vicor Corps board.

Elron Electronic

Elron Electronic, A Well-Known Name In The Israeli Venture Capital Industry.

Since 1962, Elron Electronic has been a well-known name in the Israeli venture capital industry. The company’s primary focus is initial investing, using knowledge across numerous sectors and significant strategic alliances to provide funding and support to potential Israeli digital startups, assisting them in realising their ambition to become great global leaders.

About The Company

Elron Electronic is a Tel Aviv-based Israeli technology holding firm that has been engaged in creating, financing, and developing more than 30 companies since its founding in 1962. It is regarded as one of the cornerstones of Israel’s high-tech sector. The company is active in various industries like medical technology, clean technology, information technology, semiconductors, and telecommunications. The businesses under Elron now have annual revenue of almost $5 billion. The company is headquartered in Haifa, Israel.

History

With the assistance of Dan Tolkowsky of the Discount Investment Corporation, Uzia Galil launched Elron in 1962. Shimon Peres, a defense minister at the time, visited Elron in 1966, and Uzia persuaded him to find a new business that would create minicomputers for defense uses. Initially known as Elbit Computers, the new business was a partnership between Elron Electronic and the Israeli Ministry of Defense (each holding 50 percent of the company). In 1967, the business unveiled the Elbit-100 minicomputer as its first product. Over the years, the business has evolved to become Elbit Systems, a global defense electronics company. Avraham Suhami, a brilliant engineer who had just received his Ph.D. from the Technion, was persuaded by Uzia to work with him in 1969 to launch a new business called Elscint that would concentrate on the innovation of scientific and medical solutions. The company produced MRI and CT scanners, among other pieces of medical imaging technology. Elscint was the first Israeli business to launch an IPO on NASDAQ in 1972. Elscint’s earnings increased to $311 million by 1996.

Current Holdings

Elron commemorated its 50th anniversary in 2012 and made the announcement that the company would only be investing in medical devices going forward. As of 2013, it held stakes in seven businesses operating in this sector, including Brainsgate, Given Imaging, and Pocared.

Elron Electronic
Image source: www.technion.ac.il

Founder – Uzia Galil

After a brief stint of working with Motorola in the US, Uzia Galil was introduced to the technology sector and decided to launch Israel’s debut high-tech startup firm. He founded the business in a buddy’s (Benjamin Sandller’s) apartment in Haifa while he was still in the Navy. The company’s initial offerings were measurement devices for use in electrical and medical applications. Uzia left the Navy in 1958, but the business failed to make enough money, so he took a job at the Technion’s physics lab. It was then that Dan Tolkowsky was introduced to Uzia. Dan, who found Uzia’s theories fascinating, persuaded the management of Discount Investment Corporation to provide funding for the business. Elron officially began operations in 1962 with a valuation of $160,000 and achieved $1 million in annual revenue within three years.

CEO – Ari Bronshtein

After acting as co-CEO of Elron from May 2009, Mr. Bronshtein has been the company’s CEO since June 2010. In the past, he was also the director of Elron. He provides a wealth of experience in company growth, financial management, and managing technological enterprises. He has held a number of executive positions at Bezeq, Comverse, and Tadiran. He currently holds directorships in Cellcom Israel, as well as other businesses belonging to the Elron and IDB groups. Mr. Bronshtein graduated from Tel Aviv University with a BA in Finance and Management and a Master in Finance & Accounting.

Eaton Corporation

Eaton Corporation – A Century Of Ingenuity In Power Management Corporation.

Eaton Corporation is a diversified power management corporation that has been in business for over a century. Electrical products, electrical systems and services, airplanes, vehicles, and, most recently, eMobility are among the company’s segments. The portfolio of Eaton can be separated into two parts. One segment of its business is the industrial sector, which caters to a wide range of end customers including commercial vehicles, general aviation, and trucks. Eaton’s electrical sector portfolio, on the other hand, services data centers, utilities, and the residential end market, among other things. While the corporation benefits from favorable tax classification as an Irish domiciliary, the majority of its operations are based in the United States.

About The Company:

Eaton Corporation marked its 100th anniversary in 2011, highlighting a history of innovation and skill that has helped the company address some of the world’s most difficult power management challenges. When Joseph Eaton started the corporation, he had in mind a spirit of creativity and entrepreneurship that was driven by honesty and an unshakable devotion to ethics. Eaton has expanded since then from a vehicle technology leader and developer to a leading power management firm that also services the hydraulics, aerospace, and electrical markets. From more energy-efficient buildings, communities, and infrastructure to next-generation aircraft, vehicles, trucks, and equipment, our proven technology and products play a significant role in controlling power in many things that touch our everyday lives.

Eaton Corporation Plc offers energy-efficient solutions to assist its customers in managing electrical, hydraulic, and mechanical power more effectively. Electrical components, systems, and services for power quality, distribution and control, power transmission, lighting, and wiring; hydraulics components, systems, and services for industrial and mobile equipment; aerospace fuel, hydraulics, and pneumatic systems for commercial and military use; and truck and automotive drive train and power train systems for performance, fuel economy, and safety are also available. Electrical Products, Electrical Systems and Services, Hydraulics, Aerospace, and Vehicle are the company’s five segments. Electrical components, industrial components, residential products, single-phase power quality, emergency lights, fire detection, wiring devices, structural support systems, circuit protection, and lighting products are all part of the Electrical Products section. The company was created on May 10, 2012, in Dublin, Ireland, and is headquartered there.

Eaton Corporation
Image source: www.gannett-cdn.com

Divestments and Acquisitions:

In 1994, Eaton Electrical acquired the Westinghouse Distribution and Controls Business Unit, which was one of Eaton’s largest acquisitions. The transaction comprised the whole Westinghouse electrical distribution and control product business, as well as conditions that the Westinghouse name cannot be used on similar goods for several years.

Eaton’s Electrical Distribution and Control company (previously Cutler-Hammer) purchased Delta plc’s electrical division in 2003. This acquisition combined Delta’s brands Holec, MEM, Tabula, Bill, and Elek under the Eaton nameplate, as well as the previous Westinghouse divisions, and provided the company with manufacturing facilities that met IEC standards, one of the steps toward becoming a global company and developing a worldwide standard. Eaton announced on May 21, 2012, that it had agreed to buy Ireland-based Cooper Industries for approximately $11.46 billion in cash and equity. Eaton Corporation plc is the name of the new company, which was founded in Ireland.

Eaton finalized the $1.65 billion acquisition of Tripp Lite on March 17, 2021. Danfoss purchased Eaton’s hydraulics division in August 2021 for $3.3 billion, which manufactures systems and components for agriculture, construction, mining, forestry, utilities, material handling, machine tools, molding, and power generation, primary metals, and oil and gas markets.

The Founders -Joseph Oriel Eaton II, Viggo V. Torbensen, Henning O. Taube

The Torbensen Gear and Axle Co. were founded in Bloomfield, New Jersey, in 1911 by Joseph O. Eaton, his brother-in-law Henning O. Taube, and Viggo V. Torbensen. The company was designed to manufacture Torbensen’s innovative internal-gear truck axle with financial assistance from Torbensen’s mother. To be closer to its major business, the automobile industry, the company relocated to Cleveland, Ohio, in 1914. Eaton executives believed that buying companies in the automotive industry would be the fastest way to grow the company. The diverse corporation was renamed Eaton Manufacturing Company in 1932. Eaton became international in 1937 when it opened a manufacturing factory in Canada.

Digimarc

Geoff Rhoads got the idea for founding Digimarc while he was working to remove noise from digital photos.

In 1995, Geoff Rhoads founded Digimarc, a publicly-traded company that offers digital identifiers including QR codes and digital watermarks. The company is based in Oregon, United States. The company mainly offers these products and services to prevent counterfeiting, increase accuracy, product authenticity, and many more. The solutions of Digimarc are used in multiple industries from health and beauty to automotive and manufacturing sectors. With the digitized products of Digimarc, companies can witness better brand integrity and full supply chain traceability. Currently, the company has around 300 employees who are working under the leadership of Riley McCormack.

Founding Story

Entrepreneur and astronomer, Geoff Rhoads, worked at Tektronix before founding Digimarc. While he working with the electronics manufacturer, he began his research on space imagery and content protection. This thorough research work took place in the early 1990s and in 1994 Rhoads founded a company called Signet. This venture was exclusively focusing on the concept of digital watermarking. He got the idea for founding Signet while he was working to remove noise from digital photos of deep space imaging. In 1995, Digimarc was founded as a part of Signet and was spun off in the same year. The company was founded in Portland, Oregon with only three employees. In 1996, after the initial funding round, Digimarc released its first product for image copyright communication. The product was basically a digital watermarking plug-in bundled with software like Adobe Photoshop. 

In the first round of funding, Digimarc raised $4.5 million which was the highest compared to other new startups in Oregon. Adobe acquired 10% of the company and became one of the major investors. In 1997, Bruce Davis became the new CEO of the company and in the same year, the company was awarded the first digital watermarking patent. Today, the company has nearly 1,100 patents in its portfolio. After a couple of years, the company aimed for developing a global system for deterring the creation and usage of unauthorized banknotes (digital copies). So, it signed a multi-year deal with several banks for preventing digital counterfeiting. In the same year, the company filed its IPO where it raised more than $90 million. By the end of the decade, the company launched MediaBridge for shifting readers from printed media to web content. 

Digimarc
Image source: www.digimarc.com

Expansion

In 2000, Wired launched its first digitally-enhanced magazine and featured Digimarc technology. The next year, Digimarc acquired a business division of Polaroid Corporation and the assets of the company were used to establish Digimarc ID Systems. This ID system was launched to enhance driver’s licenses in 37 states. But, in 2008 the company sold this business unit for $315 million and shifted its focus toward content protection and digital media engagement. In 2002, Bruce Davis became the Chairman of the Board of Directors, and in 2003 Michigan issued its first driving license using Digimarc technology. In 2004, Digimarc was featured in Forbes magazine for being one of the top 25 fastest-growing companies. 

For advanced image identification and a rigorous search system, Digimarc launched Digimarc ImageBridge in 2005. In 2007, the company partnered with Nielsen such that the latter can use the watermarking technology for video content. Digimarc was also recognized by IEEE for having one of the most valuable patent portfolios among software companies. In 2012, the company acquired Attributor Corporation (specializing in content protection services). In 2014, Digimarc ranked four in the 100 Best Companies to Work for in Oregon, and in the next year received  Emmy Award for Technology & Engineering.

After its huge contribution to the entertainment industry, the company’s next focus was the retail sector. In 2016, the company partnered with leading retail scanner vendors like NCR, Zebra, and Honeywell. New Seasons Market, an Oregon-based grocery supply chain also adopted the Digimarc barcode in the same year. In 2017, the company opened new offices in Germany and Japan. In April 2021, Bruce Davis retired as the CEO of the company and he was replaced by Riley McCormack. To expand its product base, Digimarc completed the acquisition of EVRYTHNG, an IoT software company in 2022. 

About Riley McCormack

Riley joined Digimarc recently and before that he was the CEO and PM of Tracer Capital Management. He is also the founder of this New York-based hedge fund. Riley also worked as a research analyst at Morgan Stanley and also founded TCM Strategic, a fund that has recently made an investment in Digimarc. 

Waymo

Waymo – Facilitating Safe Movement Of People And Goods With Autonomous Driving Technology.

Tesla is very much ahead of its time in terms of autonomous driving technology. But names like Alphabet are also trying to expand in the very field and provide its customer with the best of them all. Alphabet Inc., the parent company of Google, has another subsidiary named Waymo, which dedicatedly works to developing autonomous driving technology. In fact, the said company also runs a commercial self-driving taxi service in the Arizona region, named Waymo One, the only self-driving taxi service. The taxis under this project runs without having a standby driver for emergencies. Apart from Waymo’s self-driving taxis, the software developed by the company is also used by some other car companies, like Stellantis, Jaguar, Daimler AG, Land Rover, Volvo, and Nissan-Renault.

About Waymo

Waymo LLC is a subsidiary of Alphabet Inc. and has its headquarters based in Mountain View, California, U.S. It is a 13-years-old company founded in January 2009 by Sebastian Thrun and Anthony Levandowski. Till 2016, Google was the parent company of Waymo when it started a self-driving car project in 2009, but in 2016 Alphabet became the parent company of the same, when the same project had a name change to Waymo. Dmitri Dolgov and Dmitri Dolgov (Co-CEO) Tekedra Mawakana are leading Waymo as the co-CEOs.

The basic concept behind the idea of Waymo is to avoid the accidental deaths that happen due to various negligence reasons of humans. The company makes use of artificial intelligence, sensors, and hardware-enhanced vision system to provide safer transit for both humans and goods.

Waymo
Image source: bwbx.io

Founding Waymo

Waymo wasn’t founded as a company but was launched as a project by Google in its Google X lab. The project was headed and launched by Sebastian Thrun, who had gained much experience in artificial intelligence after being a part of organisations like SAIL (Stanford Artificial Intelligence Laboratory) and Anthony Levandowski. During 2006-07, Google was already working on improving its maps and street view, and for that, the Street View team of Google has launched Ground Truth, a project that became the basis of Google’s self-driving program.

Anthony Levandowski, the other co-founder of Wymo, was also in self-driving vehicles and had built an autonomous two-wheeled motorcycle named Ghost Rider for the 2004 DARPA Grand Challenge. Being a Google employee, Levandowski sold his technology to Google, which was an addition to Google’s self-driving program. In 2012, Google obtained a driverless technology license from the Nevada Department of Motor Vehicles (DMV), and it carried out its first experiment with the self-driven car. The license was the first of its kind in America.

Under project Chauffeur, Google launched a new driverless car prototype (100% autonomous) without any steering wheel, gas pedal, and brake pedal in May 2014. Another prototype came in December with the name Firefly, mainly built for learning and experimentation. In 2015, the company introduced the world’s first fully driverless ride on public roads, and the experiment included no test driver.

This project Chaufwur was renamed Wayno in 2016 and was established as a start-up company as well as a subsidiary of Alphabet. By October 2017, the company was testing driverless minivans on roads, and in 2019, it started to build its cars in a Detroit manufacturing plant. Waymo also started integrating its technology into the existing car models rather than building new designs for them. In 2020, the company raised a sum of $3 billion from its various investors. The same year, Waymo also partnered with Volvo for the integration of its technology into Volvo’s vehicles.

The CEO at Waymo

Dmitri is a Russian-American businessman, whereas Tekedra has been a lawyer and a well-known businesswoman in America.

Dmitri is an alumnus of the Moscow Institute of Physics and Technology, where he earned a Bachelor of Science and a Master of Science degree in physics and math. He also got a PhD degree in computer science from the University of Michigan and a postdoctoral from Stanford University. He has vast experience in the field of self-driving technology and has worked at Toyota and Google.

Tekedra, on the other hand, was already working at Waymo as the COO before she held the post of CEO. She has also worked with companies like Steptoe & Johnson, AOL, Yahoo!, eBay, etc. Tekedra holds a Doctorate in law.

SenseTime

SenseTime – A Chinese AI Unicorn That Came Up With Some Of The World’s Most Advanced Technologies.

Based in Hong Kong, SenseTime is known as the world’s most valuable AI (artificial intelligence) company. It was founded in 2014 and within 7 years it has gained unicorn status and developed some of the advanced AI algorithms. A computer science professor, Tang Xiao’ou, and a computer scientist, Xu Li co-founded the company with others. It started as an academic project and by 2019 its valuation became $4.5 billion. It has landed some of the biggest conglomerates as its clients including Alibaba, Honda, Qualcomm, and Weibo.

About The SenseTime

It is almost hard to believe that a young seven-year-old company develops such advanced Ai-based technologies that it is one of the finest in the world. The company develops AI technology including image and facial recognition, object detection, medical image analysis, video analysis, remote sensing, etc. Its products are used in several different industries from entertainment to healthcare.

When the company was founded in 2014, it developed DeepID, a facial recognition algorithm that was the first of its kind to detect accuracy better than human eyes. SenseTime is working with the Chinese government on a project to make the country economically autonomous by 2025. Currently, SenseTime is a privately-held company.

SenseTime
Image source: wire19.com

Early History

In October 2014, Tang Xiao’ou and Xu Li co-founded SenseTime and in the founded year it unveiled the best algorithm for better detection accuracy than human eyes. This algorithm is called DeepID and it is even ahead of Facebook. The company also presented and published several papers on computer vision and they were accepted into the Conference on Computer Vision and Pattern Recognition (CVPR).

Within one year of its establishment, a total of 9 papers were accepted. In 2016, the company enrolled itself in the ImagineNet competition and it bagged the first price in several fields including object detection, video object detection, and scene analysis. The number of papers accepted in the CVPR Conference also rose to 16 by the end of the year.

Success Of SenseTime

In 2017, SenseTime broke all of the records of past company’s in the AI industry in terms of the highest rounds of financing. The number of publications kept on increasing and by the year-end, it surpassed both Google and Facebook with 43 publications. It was in the same year that SenseTime raised $410 million in the Series B funding. SenseTime started collaborating with several companies and government bodies of China. For example, in October 2017 it started a joint venture with Qualcomm followed by collaborating with Shanghai Municipal Government, and Honda by the end of the year.

In 2018, the company declared a collaboration with MIT for advanced research in the field of AI but after a couple of years, the program was canceled by MIT. In April 2018, a non-profit AI lab called HKAI Lab was founded to make Hong Kong a global AI hub. SenseTime founded this lab jointly with Alibaba and the Hong Kong Science and Technology Parks Corporation. SenseTime was also named as China’s National Open Innovation Platform for Next-Generation Artificial Intelligence on Intelligent Vision in September 2018.

Recent Days

Since 2014, SenseTime has tried to develop more advanced AI technologies that are equally focused on the research and development side of the company apart from the business part. In 2019, it became the first company in the world to join MIT’s Quest for Intelligence Campaign. The company is planning to go public as it filed IPO this year on the Hong Kong exchange. Though the company has given the world’s largest computer vision model, the profit curve is not very impressive. SenseTime heavily invests in R&D (60% of funding) and plans to expand to more and more industries both in domestic and overseas countries.

About The Founders

Tang Xiao’ou, apart from being the co-founder of SenseTime is also an information engineering professor at the Chinese University of Hong Kong. He is an alumnus of MIT and worked at Microsoft Research Area for four years. In 2009, he received the best paper award at CVPR Conference.

Xu Li is the co-founder and current CEO of SenseTime. He studied at the Chinese University of Hong Kong followed by Shanghai Jiao Tong University. He has published more than 50 academic works in the field of computer vision and won many awards.