Editing Lattice Semiconductor (section)

==History==
===Founding and early growth===
Lattice was founded on April 3, 1983, by [[Norm Winningstad|C. Norman Winningstad]], Rahul Sud, and Ray Capece,<ref name="founding">{{cite news|title=Co-founder of Lattice steps down|last=Colby|first=Richard|date=April 3, 1991|work=The Oregonian|page=C8}}</ref> with investment from Winningstad, [[Harry Merlo]], [[Tom Moyer]], and [[Plaid Pantry|John Piacentini]].<ref name="founding" />  Lattice was incorporated in Oregon in 1983 and reincorporated in [[Delaware]] in 1985. Co-founder Sud left as president in December 1986, and Winningstad left in 1991 as chairman of the board.<ref name="founding" /> Early struggles led to chapter 11 bankruptcy reorganization in July 1987.<ref name="founding" /> The company emerged from bankruptcy after 62 days and moved from its headquarters in an unincorporated area near [[Beaverton, Oregon|Beaverton]] to a smaller building in [[Hillsboro, Oregon]].<ref>{{cite news|title=Lattice eyes new location|date=October 9, 1987|work=The Oregonian|pages=E14}}</ref> Over the next year, the company shrank from 140 to 64 employees but posted record revenues.<ref>{{cite news|title=Lattice profit yields final pay to creditors|last=Colby|first=Richard|date=April 1, 1988|work=The Oregonian|pages=E7}}</ref>

Cyrus Tsui became the company's chief executive officer in 1988.<ref name="all">{{cite news|title=All systems go for Lattice on big expansion in Hillsboro|last=Hill|first=Jim|date=October 12, 1996|work=The Oregonian|page=B1}}</ref> On November 9, 1989, Lattice became a publicly traded company when its shares were listed on the NASDAQ after in [[initial public offering]].<ref name="IPO">{{cite news|title=Lattice stock brings company cash flow|date=November 10, 1989|pages=E10}}</ref> The initial share price was $6, and raised almost $14 million for the company.<ref name="IPO"/> In July 1990, a second stock offering of nearly 1.5 million new shares raised $22.6 million at $16.25 per share.<ref>{{cite news|title=Lattice finishes stock offering|date=July 24, 1990|work=The Oregonian|pages=C13}}</ref>

In 1995, the company attempted to assert [[trademark]] rights in the term [[Silicon Forest]] beyond the use of its trademark for the use in semiconductor devices.<ref name="sf">{{cite news|title=Who owns 'Silicon Forest'?|last=Francis|first=Mike|date=December 3, 1995|work=The Oregonian|page=G1}}</ref> They had registered the mark in 1985, but later conceded they could not prevent the usage of the term as a noun.<ref name="sf"/> ''[[Forbes]]'' ranked the company as their 162nd best small company in the United States in 1996,<ref>{{cite news|title=The Bottom Line Briefcase: Forbes ranks six of region's small firms among nation's best|date=October 24, 1996|work=The Oregonian|pages=B1}}</ref> and Lattice began to double the size of its Hillsboro headquarters.<ref name="all" />

In 2000, annual revenues topped $560 million with profits of $160 million.<ref name="report2007">{{cite news|url=http://portland.bizjournals.com/portland/stories/2008/01/21/daily43.html|title=Lattice's 2007 sales and earnings slide|last=Earnshaw|first=Aliza|date=January 24, 2008|work=Portland Business Journal|access-date=2009-07-24}}</ref> Its stock price reached an all-time high of $41.34, adjusted for splits.<ref name="report2007"/> For the next five years, however, the company recorded no annual profit.

===Acquisitions and leadership changes===
[[File:LatticeSemi.JPG|thumb|Former company headquarters in Portland, Oregon]]
Lattice purchased [[Agere Systems|Agere Corporation]]'s FPGA division in 2002.<ref name="good">{{cite news|url=http://portland.bizjournals.com/portland/stories/2006/08/21/story4.html|title=Lattice hopes good news isn't fleeting|last=Earnshaw|first=Aliza|date=August 18, 2006|work=Portland Business Journal|access-date=2009-07-24}}</ref> In 2004, the company settled charges with the United States government that it had illegally exported certain technologies to China, paying a fine of $560,000.<ref name="usdcom">{{cite web|url=http://www.bis.doc.gov/News/2004/Lattice_Sep14.htm|title=Lattice Semiconductor Settles Charges of Illegal Exports to China|date=September 13, 2004|publisher=U.S. Department of Commerce|access-date=2007-02-02|archive-url=https://web.archive.org/web/20070202072916/http://www.bis.doc.gov/News/2004/Lattice_Sep14.htm|archive-date=February 2, 2007|url-status=dead}}</ref> In 2005, Tsui was replaced as CEO by Steve Skaggs<ref name="good" /> and the company laid off employees for the first time.<ref name="good" /> In fiscal year 2006, Lattice posted a profit of $3.1 million on revenues of $245.5 million, the first annual profit since 2000.<ref name="PBJ">{{cite web | last = Earnshaw | first = Aliza | title = Lattice: First annual profits since 2000 | work = High Tech - Semiconductors | publisher = [[Portland Business Journal]]  | date = January 25, 2007 | url = http://portland.bizjournals.com/portland/stories/2007/01/22/daily37.html | access-date = 2007-02-02 }}</ref>

In June 2008, Bruno Guilmart was named as chief executive officer of the company, replacing Steve Skaggs.<ref name="ceo">{{cite news|url=http://portland.bizjournals.com/portland/stories/2008/11/17/story4.html|title=Lattice CEO focuses on the bottom line|last=Earnshaw|first=Aliza|date=November 14, 2008|work=Portland Business Journal|access-date=2009-07-24}}</ref> For fiscal year 2008, Lattice had a loss of $32 million on annual revenues of $222.3 million.<ref name="annual2009">{{cite news|url=http://www.oregonlive.com/business/index.ssf/2010/08/chief_executive_who_helmed_tur.html|title=Chief executive who helmed turnaround at Lattice Semiconductor resigns|last=Njus|first=Elliot|date=August 6, 2010|work=The Oregonian|access-date=23 November 2010}}</ref> In 2009, the company began moving all of its warehouse operations for parts from Oregon to [[Singapore]].<ref name="move">{{cite news |url=http://www.bizjournals.com/portland/stories/2009/07/20/daily63.html|title=Lattice to eliminate 64 jobs|date=July 23, 2009|work=Portland Business Journal|access-date=2009-07-24}}</ref> Through July 2009, the company had lost money for ten straight quarters,<ref name="ten">{{cite news|url=http://www.oregonlive.com/business/index.ssf/2009/07/lattice_posts_10th_straight_qu.html|title=Lattice posts 10th straight quarterly loss, plans job cuts|last=Rogoway|first=Mike|date=July 23, 2009|work=The Oregonian|access-date=2009-07-24}}</ref> and had its first profitable quarter in three years during the fourth quarter of 2009.<ref>{{cite news|url=http://blog.oregonlive.com/siliconforest/2010/01/lattice_semiconductor_back_in.html|title=Lattice Semiconductor back in the black during fourth quarter|last=Rogoway|first=Mike|date=January 28, 2010|work=The Oregonian|access-date=28 January 2010}}</ref> Bruno Guilmart left the company in August 2010, and Darin Billerbeck, former Zilog CEO, who had just sold Zilog in the previous year, was named the new CEO in October of that year, starting in November.<ref>{{cite news|url=http://blog.oregonlive.com/siliconforest/2010/10/lattice_semi_names_intel_vet_i.html|title=Lattice Semi names Intel vet its new CEO|last=Rogoway|first=Mike|date=October 12, 2010|work=[[The Oregonian]]|access-date=13 October 2010}}</ref> The company reported 2011 revenue of $318 million.<ref>{{cite news|url=http://www.oregonlive.com/business/index.ssf/2012/01/lattice_semiconductor_posts_hi.html |last=Njus|first=Elliot|title=Lattice Semiconductor posts higher fourth quarter, 2011 earnings amid lower demand|work=[[The Oregonian]]|access-date=15 June 2012}}</ref> Lattice started a stock buy-back program in 2010 that continued into 2012 that would total about $35 million if fully implemented.<ref>{{cite news|last=Siemers|first=Erik|title=Lattice to repurchase up to $20 million in stock|url=http://www.bizjournals.com/portland/news/2012/02/29/lattice-to-repurchase-up-to-20.html|access-date=February 29, 2012|newspaper=Portland Business Journal|date=February 29, 2012}}</ref>

In 2011, the company was ranked third among the world's makers of field programmable gate array (FPGA) devices<ref>FPGA Developer, July 15, 2011 [http://www.fpgadeveloper.com/2011/07/list-and-comparison-of-fpga-companies.html List and comparison of FPGA companies]</ref> and second for [[CPLD]]s & [[Simple programmable logic device|SPLD]]s.<ref name="reed">{{cite web | last = Baldwin | first = Howard | title = Dynamic Duo Still Dominate Programmable Logic | work = Movers and Shakers 2006 | publisher = EDN | date = June 22, 2006 | url = http://www.edn.com/article/CA6344037.html?industryid=47479 | access-date = 2007-07-31 | url-status = dead | archive-url = https://web.archive.org/web/20071010050149/http://www.edn.com/article/CA6344037.html?industryid=47479 | archive-date = October 10, 2007 }}</ref> On December 9, 2011, Lattice announced it was acquiring SiliconBlue for $63.2 million in cash.<ref>Mike Rogoway, The Oregonian. "[http://www.oregonlive.com/silicon-forest/index.ssf/2011/12/as_sales_slide_lattice_semicon.html As sales slide, Lattice Semiconductor pays $62 million for Silicon Valley mobile chip company]." Dec 9, 2011. Retrieved Dec 19, 2012.</ref><ref>Maxfield, Clive, Programmable Logic DesignLine, December 9, 2011 [http://www.eetimes.com/electronics-blogs/programmable-logic-designline-blog/4231243/OMG--Lattice-Semiconductor-to-acquire-SiliconBlue- OMG! Lattice Semiconductor to acquire SiliconBlue!]</ref><ref>Morris, Kevin, EE Journal, Silicon Symbiosis-Lattice Acquires SiliconBlue, December 13, 2011 [http://www.eejournal.com/archives/articles/20111213-lattice/ Silicon Symbiosis]</ref> Lattice announced in July 2012 a foundry agreement with [[United Microelectronics Corporation]].<ref>Siemers, Eric, Portland Business Journal, October 18, 2012 [http://www.bizjournals.com/portland/news/2012/10/18/lattice-semiconductor-to-cut-109-jobs.html Lattice Semiconductor to cut 109 jobs, 30 in Hillsboro]</ref> Lattice returned to profitability in 2013 with a profit of $22.3 million on $332.5 million in revenues.<ref name=FY2013>{{cite news|last=Rogoway|first=Mike|title=Lattice Semiconductor extends rebound with unexpectedly strong quarter|url=http://www.oregonlive.com/silicon-forest/index.ssf/2014/02/lattice_semiconductor_extends_1.html#incart_river|access-date=7 February 2014|newspaper=The Oregonian|date=February 6, 2014}}</ref> The company acquired [[Silicon Image]] Inc. for $606 million in March 2015<ref>{{cite news|last1=Giegerich|first1=Andy|title=Lattice closes deal on $606M purchase|url=http://www.bizjournals.com/portland/morning_call/2015/03/lattice-closes-deal-on-606m-purchase.html|access-date=11 March 2015|work=Portland Business Journal|date=March 10, 2015}}</ref> and moved company headquarters to Downtown Portland.<ref>{{cite news|last1=Rogoway|first1=Mike|title=Lattice Semiconductor cuts jobs following $600 million acquisition|url=http://www.oregonlive.com/silicon-forest/index.ssf/2015/05/lattice_semiconductor_cuts_job.html#incart_2box_business_index.ssf|access-date=8 May 2015|work=The Oregonian/OregonLive|date=May 7, 2015}}</ref>

===Activity since 2016===
In April 2016, [[Tsinghua Holdings]] said in a U.S. filing that it accumulated a roughly 6 percent stake in Lattice Semiconductor through share purchased on the open market.<ref>By Eva Dou and Robert McMillan, Wall Street Journal. "[https://www.wsj.com/articles/chinas-tsinghua-unigroup-buys-small-stake-in-u-s-chip-maker-lattice-1460654877 China’s Tsinghua Unigroup Buys Small Stake in U.S. Chip Maker Lattice]." April 14, 2016. May 4, 2016.</ref> In November, 2016, Canyon Bridge Capital Partners, a [[private equity firm]] backed by [[China Reform Holdings Corporation]] announced a definitive agreement to acquire all of Lattice's shares.<ref>{{cite web|url=http://canyonbridge.com/wp-content/uploads/2016/11/11-03-16_Press-Release.pdf|title=Lattice Semiconductor to be Acquired by Canyon Bridge Capital Partners, Inc. for $1.3 Billion|date=2016-11-03|publisher=Canyon Bridge Capital Partners, Inc.|language=en|access-date=24 July 2017|location=Palo Alto, CA|archive-url=https://web.archive.org/web/20170914034838/http://canyonbridge.com/wp-content/uploads/2016/11/11-03-16_Press-Release.pdf|archive-date=14 September 2017|url-status=dead}}</ref> The purchase of Lattice by Canyon Bridge was in September 2017 blocked by [[President of the United States|US President]] [[Donald Trump]] based on the recommendation of the [[Committee on Foreign Investment in the United States]] on [[national security]] grounds under the [[Exon–Florio Amendment]].<ref>{{cite news|last1=Fiegerman|first1=Seth|last2=Wattles|first2=Jackie|title=Trump stops China-backed takeover of U.S. chip maker|url=https://money.cnn.com/2017/09/13/technology/business/trump-lattice-china/index.html|access-date=September 13, 2017|work=[[CNN]]|publisher=[[Turner Broadcasting System]]|location=[[Atlanta]]|date=September 13, 2017}}</ref><ref>{{cite news|last1=Office of the Press Secretary|url=https://trumpwhitehouse.archives.gov/the-press-office/2017/09/13/order-regarding-proposed-acquisition-lattice-semiconductor-corporation|title=Administrative order on the Order Regarding the Proposed Acquisition of Lattice Semiconductor Corporation by China Venture Capital Fund Corporation Limited|location=[[Washington, D.C.]]|language=en|date=September 13, 2017|access-date=October 8, 2017|via=[[NARA|National Archives]]|work=[[whitehouse.gov]]|author1-link=White House Office of the Press Secretary}}</ref><ref>{{cite news|url=https://www.federalregister.gov/documents/2017/09/18/2017-20005/regarding-the-proposed-acquisition-of-lattice-semiconductor-corporation-by-china-venture-capital|title=Order Regarding the Proposed Acquisition of Lattice Semiconductor Corporation by China Venture Capital Fund Corporation Limited|work=[[Federal Register]]|publisher=[[National Archives and Records Administration]]|location=[[Washington, D.C.]]|date=September 13, 2017|access-date=October 8, 2017|archive-url=https://web.archive.org/web/20171009041904/https://www.federalregister.gov/documents/2017/09/18/2017-20005/regarding-the-proposed-acquisition-of-lattice-semiconductor-corporation-by-china-venture-capital|archive-date=October 9, 2017}} [https://www.gpo.gov/fdsys/pkg/FR-2017-09-18/pdf/2017-20005.pdf Alt URL]</ref><ref>{{cite news|url=https://www.ft.com/content/38031ac2-d956-3065-8070-ff1880cd326f|title=Trump bars China-backed bid for semiconductor company|first=Jessica|last=Dye|work=[[Financial Times]]|publisher=[[The Nikkei]]|location=[[London]]|issn=0307-1766|date=September 13, 2017|access-date=October 8, 2017}}</ref> The company re-located its headquarters back to its Hillsboro campus in 2019.<ref>{{cite news |last1=Spencer |first1=Malia |title=Lattice Semiconductor is on the rebound. Here's a look at its tiny chips |url=https://www.bizjournals.com/portland/news/2019/03/07/lattice-semiconductor-is-on-the-rebound-heres-a.html |access-date=27 April 2019 |work=Portland Business Journal |date=Mar 7, 2019}}</ref>

[[Activist investor]] Lion Point Capital purchased a six percent stake in Lattice in February 2018.<ref>{{cite news |last1=Spencer |first1=Malia |title=Activist investor buys 6% stake in Lattice Semiconductor |url=https://www.bizjournals.com/portland/news/2018/02/05/activist-investor-buys6-stake-in-lattice.html |access-date=8 July 2020 |work=Portland Business Journal |date=5 February 2018}}</ref> The next month the company filled three new seats on its board with independent directors supported by Lion Point.<ref>{{cite news |last1=Spencer |first1=Malia |title=Lattice strikes deal with activist investor, expands board |url=https://www.bizjournals.com/portland/news/2018/03/07/lattice-strikes-deal-with-activist-investor.html |access-date=8 July 2020 |work=Portland Business Journal |date=7 March 2018}}</ref> That same year, Lattice replaced several members of its leadership team, including bringing in a new president and CEO, Jim Anderson, who previously worked at [[Advanced Micro Devices]].<ref>{{cite news |last1=Spencer |first1=Malia |title=How Lattice Semiconductor survived a scuttled $1.3B deal, a powerful activist investor and big changes at the top |url=https://www.bizjournals.com/portland/news/2019/03/07/how-lattice-semiconductor-survived-a-scuttled-1-3b.html |access-date=8 July 2020 |work=Portland Business Journal |date=7 March 2019 |url-access=subscription}}</ref> Under the new leadership, Lattice shifted the company's focus entirely to low-power field-programmable gate arrays (FPGAs).<ref name="Kanaval">{{cite news |last1=Kanaval |first1=Stephen L. |title=Lattice Semiconductor: Strong Growth Under New Management |url=https://www.equities.com/news/lattice-semiconductor-strong-growth-under-new-management |access-date=5 July 2020 |work=Equities News |date=16 January 2020}}</ref> Lattice acquired [[computer vision]] software company Mirametrix in November 2021.<ref>{{cite news |last1=Singh |first1=Preeti |title=Lattice Semiconductor acquires software firm Mirametrix |url=https://seekingalpha.com/news/3770748-lattice-semiconductor-acquires-software-firm-mirametrix |access-date=19 November 2021 |work=Seeking Alpha |date=15 November 2021 |language=en}}</ref><ref>{{cite news |last1=Manners |first1=David |title=Lattice buys Mirametrix |url=https://www.electronicsweekly.com/news/business/783562-2021-11/ |access-date=19 November 2021 |work=Electronics Weekly |date=16 November 2021 |language=en}}</ref>

Jim Anderson left Lattice in June 2024, at which time Lattice Chief Strategy and Marketing office [https://ir.latticesemi.com/news-releases/news-release-details/lattice-semiconductor-appoints-esam-elashmawi-interim-chief Esam Elashmawi was appointed Interim CEO]. On September 16, 2024, Lattice [https://ir.latticesemi.com/news-releases/news-release-details/lattice-semiconductor-appoints-ford-tamer-ceo named Ford Tamer as CEO].