PMC-Sierra

Company

Investment-firm

Last deal

Amount

Venture - Series Unknown

Stage

11.01.1984

Date

1

all rounds

Financing round

General

About Company
PMC-Sierra was a fabless semiconductor company that developed solutions for multiple industries.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Sierra Semiconductor

founded date

01.01.1983

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

PMC-Sierra developed semiconductor solutions for storage, communications, optical networking, printing, and embedded computing. Their offerings included storage systems, interconnect products, and ICs for various applications. They had clients such as HP, EMC Corporation, Huawei, and Cisco. In 2016, PMC-Sierra was acquired by Microsemi Corporation.
Contacts

Phone number

Website URL

Social url

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M&A Details
1

Transaction name

Acquired by

Microsemi

announced date

25.11.2015

price

$2.5B

Financials

Funding Rounds
1
1

Number of Funding Rounds

Their latest funding was raised on 11.01.1984. Their latest investor Venrock. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
11.01.1984
2
Investments
1
Date 
name 
Lead 
type 
Raised 
27.04.2004
Yes
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Co-Investors
Investors
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Acquisitions
5
Acquiree Name 
Date 
Price 
Acquisition Name 
Wintegra acquired by PMC-Sierra

Wintegra acquired by PMC-Sierra

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Acquisition

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Adaptec - Data Storage acquired by PMC-Sierra

Adaptec - Data Storage acquired by PMC-Sierra

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Acquisition

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Passave acquired by PMC-Sierra

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People

Founders
2
Colin Harris
Colin Harris

Colin Harris

Colin is Chief Operating Officer of PMC-Sierra Inc. Colin is a founder of PMC-Sierra, has served as Vice President, Chief Operating Officer since February 2007. Prior to this appointment, he served as Vice President of Worldwide Operations at PMC-Sierra from July 2004 and Vice President of IC Technology from May 1997 to July 2004. Colin is an elected member of the Global Semiconductor Association Board of Directors and serves on the advisory board of the Design for E-Beam (DFEB) initiative. Colin currently also serves on the board of directors for Yaletown portfolio company Redlen Technologies

current job

PMC-Sierra
PMC-Sierra

count Of Investments

4

Colin Harris

James Diller

James Diller was a founder of PMC-Sierra, Inc., serving as PMC’s Chief Executive Officer from 1983 to July 1997 and President from 1983 to July 1993. James Diller also served as a director of PMC since its formation in 1983 until December 2013. James Diller was Chairman of PMC’s board of directors from July 1993 until February 2000, and was its Vice Chairman from February 2000 until December 2013. James Diller also served as a director of Intersil Corporation from May 2002 to April 2015 and served as Intersil’s interim President and Chief Executive Officer from December 2012 to March 2013.James Diller’s qualifications to serve on the Board include his more than 50 years of experience in semiconductor company management and oversight in positions such as Chief Executive Officer, President and General Manager and chairman of the board of directors, and his experience as a product development engineer.

current job

PMC-Sierra
PMC-Sierra

organization founded

1

James Diller

Employee Profiles
305

Dwight Daugherty

Rf wireless application engineer

Chris Sant

Senior sales manager - global accounts

David Wang

Principal firmware engineer

David Li

Senior human resources generalist

Dino Pozzebon

Senior manager

Sophia Lu

Senior director of it infrastructure and operations

Prasanna Keragodu

Fw engineer

Pavan Telukuntla

Product design engineer

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