Conexant
 |
|
| Private | |
| Industry | Semiconductors and software |
| Founded | January 4, 1999 |
| Headquarters | Irvine, California, U.S. |
|
Key people
|
Jan Johannessen, CEO |
| Products | Semiconductors for voice and audio processing (AudioSmart) and imaging (ImagingSmart), modems |
| Revenue | $112 million (FY14) |
|
Number of employees
|
312 (2014) |
| Website | www |
Conexant Systems, Inc. is an American-based software developer and fabless semiconductor company that provides products for voice and audio processing, imaging and modems. The company began as a division of Rockwell International, before being spun off as a public company. Conexant itself then spun off several business units, creating independent public companies which included Skyworks Solutions and Mindspeed Technologies.
In 1996, Rockwell International Corporation incorporated its semiconductor division as Rockwell Semiconductor Systems, Inc. On January 4, 1999, Rockwell spun off Conexant Systems, Inc. as a public company. It was listed on the NASDAQ under symbol CNXT on January 4, 1999. At that time, Conexant became the world's largest, standalone communications-IC company. Dwight W. Decker was its first chief executive officer and Chairman of its Board of Directors. The company was based in Newport Beach, California.
In the early 2000s, Conexant spun off several standalone technology businesses to create public companies. In March 2002, Conexant entered into a joint venture agreement with The Carlyle Group to share ownership of its wafer fabrication plant, called Jazz Semiconductor.
In June 2002, Conexant spun off its wireless communications division, which merged immediately following the spinoff with Massachusetts-based chip manufacturer Alpha Industries Inc. to form publicly held Skyworks Solutions Inc. In June 2003, Conexant spun off its Internet infrastructure business to create the publicly held company Mindspeed Technologies Inc. Mindspeed would eventually be acquired by Lowell, MA-based M/A-COM Technology Solutions.
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