MaxLinear Named Fastest Growing Computer Hardware Firm on the Inc. Magazine 500 List

Download as PDF

Demand for Low Power, High Performance Digital TV Tuners Propels Company to Earn the #17 Overall Ranking on Inc.'s Prestigious List of Fast Growth Companies

CARLSBAD, Calif.--(BUSINESS WIRE)-- MaxLinear, Inc. (NYSE: MXL), a leading provider of integrated radio frequency (RF) and mixed-signal integrated circuits for broadband communication applications, today announced it has been named to the Inc. Magazine 500 list of the fastest growing privately held companies in the U.S. From December 31, 2006 to December 31, 2009, MaxLinear reported a three-year aggregate revenue growth rate of 8,784 percent and was ranked the 17th fastest growing company overall and the number one such firm among the top 100 computer hardware companies.

First introduced in 1982, the Inc. Magazine 500 list has become a distinguished editorial award and a celebration of entrepreneurial innovation. The list, which will be published in the September issue of the magazine, was based on 2009 data when MaxLinear was still a privately held firm. The company went public in March 2010.

"Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous," said Inc. editor Jane Berentson. "The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times."

"We are very pleased to be part of the Inc. 500 list," said Dr. Kishore Seendripu, MaxLinear CEO. "Our innovation in the use of low cost, low power CMOS technology for TV tuners gives us a technology edge that has propelled our growth in recent years. To be recognized with this distinctive award is a great honor."

About MaxLinear, Inc.

MaxLinear, Inc. is a leading provider of radio-frequency and mixed-signal semiconductor solutions for broadband communication applications. MaxLinear is located in Carlsbad, California, and its address on the Internet is www.maxlinear.com.

MxL and the MaxLinear logo are trademarks of MaxLinear, Inc. Other trademarks appearing herein are the property of their respective owners.

Cautionary Note About Forward-Looking Statements

This press release contains "forward-looking" statements within the meaning of federal securities laws. Forward-looking statements include, among others, statements concerning or implying future financial performance or trends and opportunities affecting MaxLinear. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from any future results expressed or implied by these forward-looking statements. MaxLinear cannot predict its future rates of revenue growth, if any. MaxLinear's business, revenues, and operating results are and will be subject to numerous risks and uncertainties, including (among others) uncertainties concerning how end user markets for its products will develop; its dependence on a limited number of customers for a substantial portion of revenues; its ability to continue to develop and introduce new and enhanced products on a timely basis; and potential decreases in average selling prices for its products. In addition to these risks and uncertainties, investors should review the risks and uncertainties contained in MaxLinear's filings with the United States Securities and Exchange Commission, including risks and uncertainties identified in the Quarterly Report on Form 10-Q filed with the SEC in July 2010. 


    Source: MaxLinear, Inc.

Released August 24, 2010