logic device

Type: Public
On the web: http://www.logicdevices.com
Employees: 15
Employee growth: (28.6%)

LOGIC Devices doesn't produce philosophical machines. Rather, LOGIC specializes in high-end digital signal processor (DSP) chips used in applications including medical imaging, instrumentation, telecommunications, and military weapons systems. The company outsources production of its chips to Asian foundries, primarily Taiwan Semiconductor Manufacturing. LOGIC works with sales representatives and international distributors, and also sells directly to OEMs, including Lockheed Martin, QUALCOMM, Raytheon, Sony, Teradyne, and Texas Instruments. The company gets one-third of its sales from outside the US.

Key numbers for fiscal year ending September, 2008:
Sales: $3.4M
One year growth: (28.5%)
Net income: ($4.0)M

Officers:
President, CEO, and Director: William J. (Bill) Volz
CFO and Secretary: Memory Chips & Modules

Competitors:
Altera
Analog Devices
Texas Instruments

A chip that provides some sort of processing capability. It can contain as little as one gate or as much as hundreds of thousands of gates. See discrete logic and logic chip.

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