Texas Instruments Lehigh Valley
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Bethlehem's semiconductor startup, CICLON, acquired by tech giant Texas Instruments.
CICLON’s technology dramatically increases efficiency in power systems, delivering new levels of systems compactness, cost and performance. Its highly efficient power chip reduces the heat given off by power supplies and redirects that energy to the device being energized. If CICLON technology was adopted in computer systems world-wide, there would be a reduction of 8,000+ Megawatts of power use annually – the production of 12 coal-fired power plants.
The company was launched at the Ben Franklin Business Incubator at Lehigh University. Ben Franklin invested $150,000 in CICLON to conduct thermal, electrical, material, and mechanical analyses of its new, low-cost, high-performance power semiconductor package.
Just two years later, CICLON graduated from the incubator to occupy the entire post-incubator space at Ben Franklin TechVentures. The company raised $24 million in venture capital investments in addition to Ben Franklin’s seed funding. Just two years later, CICLON completed the acquisition of Agere’s radio frequency products division assets and put those assets into volume production. Simultaneously, the company developed a radically new and dramatically more energy-efficient Power MOSFET transistor design that is powering next-generation energy-efficient systems.
CICLON’s technology has been designed into hundreds of millions of products offered by world leaders in electronics, including smartphones, tablets, notebooks, and e-readers. The company has enjoyed design wins with major electronics corporations, a strong and expanding patent portfolio, and growing sales.
In February 2009, CICLON was acquired by Texas Instruments. All local jobs were retained, After beginning with three employees in 2004, TI Lehigh Valley now employs 71 and plans to continue to expand operations and employment.