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Lattice Semiconductor
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===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.
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