02.08.22
Synaptics Incorporated marked the 20th anniversary of its initial public offering (IPO) by ringing the opening bell on the floor of the NASDAQ exchange. It was there that its public journey began, 16 years after its founding in 1986 by Silicon Valley legends, Carver Mead and Federico Faggin.
Since its IPO, Synaptics has expanded beyond its original analog neural network and touchpad human-machine interface (HMI) foundations to provide a combination of connectivity, intelligent sensing, and advanced processing that has enabled products and user experiences across a rapidly growing array of IoT, consumer, mobile, automotive, and PC applications.
Synaptics enters its third decade as a publicly traded company with strong momentum, coming off a banner 2021, fueled by robust growth in its core IoT business. Disciplined financial management and sustained engineering execution saw the company achieve new levels of profitability, while the company’s first ever acquisition of another public company strengthened its product portfolio in the areas of artificial intelligence (AI), voice recognition, and wireless.
“I congratulate Synaptics on executing so well upon the original vision Carver and I had to enable new levels of interaction and experiences between humans and devices,” said Faggin.
“It’s gratifying to see the continued success and innovation of Synaptics more than 35 years after we founded it,” said Mead. “I am proud of the legacy of innovation, customer service, and business acumen that has driven the company’s success over the years and am very excited about the new ways in which sensing, connectivity, and advanced processing techniques are enabling life-changing products.”
“I am humbled to be at the helm of a company started by two visionaries like Federico and Carver—whose legacies thrive at Synaptics—while being supported by our most valuable asset, more than 1,800 employees worldwide who make all of this success possible,” said CEO Michael Hurlston. “We are well positioned for the future with strong momentum across a diverse group of dynamic markets.”
Since its IPO, Synaptics has expanded beyond its original analog neural network and touchpad human-machine interface (HMI) foundations to provide a combination of connectivity, intelligent sensing, and advanced processing that has enabled products and user experiences across a rapidly growing array of IoT, consumer, mobile, automotive, and PC applications.
Synaptics enters its third decade as a publicly traded company with strong momentum, coming off a banner 2021, fueled by robust growth in its core IoT business. Disciplined financial management and sustained engineering execution saw the company achieve new levels of profitability, while the company’s first ever acquisition of another public company strengthened its product portfolio in the areas of artificial intelligence (AI), voice recognition, and wireless.
“I congratulate Synaptics on executing so well upon the original vision Carver and I had to enable new levels of interaction and experiences between humans and devices,” said Faggin.
“It’s gratifying to see the continued success and innovation of Synaptics more than 35 years after we founded it,” said Mead. “I am proud of the legacy of innovation, customer service, and business acumen that has driven the company’s success over the years and am very excited about the new ways in which sensing, connectivity, and advanced processing techniques are enabling life-changing products.”
“I am humbled to be at the helm of a company started by two visionaries like Federico and Carver—whose legacies thrive at Synaptics—while being supported by our most valuable asset, more than 1,800 employees worldwide who make all of this success possible,” said CEO Michael Hurlston. “We are well positioned for the future with strong momentum across a diverse group of dynamic markets.”