Galileo Technology
Fabless Semiconductors
Company Overview
Snapshot
Founded in January 1993 by Eyal Waldman, Galileo Technology is a fabless semiconductor company with 11–50 employees. The company raised $4.5 million across one funding round from one investor. Galileo Technology was acquired by Marvell in October 2001.
Business overview
Galileo Technology is a fabless semiconductor company specializing in the design and marketing of complex semiconductor devices. These devices are engineered to address critical challenges within high-performance embedded control systems, primarily focusing on data communications. The company operates within the Industrial Technologies sector, with a core technology in Semiconductors & Electronics, serving target customers in Industrial Manufacturing, Discrete Industries, and Semiconductors & Electronics.
Strategic signal
Galileo Technology's acquisition by Marvell in October 2001 for $2.7 billion in stock highlighted the strategic value of its semiconductor designs in the data communications market. This event underscored the industry's consolidation trends and the demand for advanced fabless semiconductor solutions, signaling a significant exit for investors and validating the company's technological contributions.
Company Intelligence Q&A
- When was Galileo Technology founded?
- Galileo Technology was founded in January 1993.
- Who founded Galileo Technology?
- Galileo Technology was founded by Eyal Waldman.
- What is Galileo Technology's primary business?
- Galileo Technology designs and markets complex semiconductor devices for high-performance embedded control systems, primarily in data communications.
- When was Galileo Technology acquired?
- Galileo Technology was acquired by Marvell in October 2001 for $2.7 billion in stock.
- Which investor participated in Galileo Technology's funding round?
- In August 1994, Galileo Technology received funding from Jerusalem Global Ventures.