Science & Technology
Science and Technology
Science and Technology
Fri, October 23, 2009
Thu, October 22, 2009 Cavium Networks, Inc.: Cavium Networks, Inc. Ranked Among Fastest Growing Companies in North America on Deloitte's 2009 Technol
MOUNTAIN VIEW, CA--(Marketwire - October 22, 2009) - Cavium Networks (
Cavium Networks is ranked 137 on Deloitte's 2009 Technology Fast 500. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004-2008. Cavium Networks grew revenue 1,069 percent during this period.
Cavium Networks' President and CEO Syed Ali credits the company's growth to the expansion of its multiple products families, including the OCTEON Multi-core MIPS64 processor family, the NITROX family of deep packet inspection and security co-processors, PureVu Video processors and ECONA single and dual-core ARM processors, which are used in high growth intelligent networking, storage, wireless, video and connected home and office markets. He said, "We are pleased to receive this recognition from Deloitte. We look forward to driving aggressive growth in our target markets by providing highly differentiated and performance leading embedded processor solutions."
"Technology Fast 500™ recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate Cavium Networks on this accomplishment."
"With its impressive five-year growth, Cavium Networks has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America," said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. "Deloitte is proud to honor Cavium Networks for its achievement."
Cavium Networks previously ranked as a Technology Fast 500™ award winner in 2008.
Technology Fast 500™ Selection and Qualifying Criteria
Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500™ website, and public company database research conducted by Deloitte. Technology Fast 500™ award winners for 2009 are selected based on percentage fiscal year revenue growth during the five year period from 2004 to 2008.
Deloitte's 2009 Technology Fast 500TM Media Guidance 4
In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.
Technology Fast 500™ award eligibility requirements also include base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
About Cavium Networks
Cavium Networks is a leading provider of highly integrated semiconductor products that enable intelligent processing in networking, communications, storage, video and security applications. Cavium Networks offers a broad portfolio of integrated, software-compatible processors ranging in performance from 10 Mbps to 20 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband/consumer and access and service provider equipment. Cavium Networks processors are supported by ecosystem partners that provide operating systems, tool support, reference designs and other services. Cavium Networks principal offices are in Mountain View, CA with design team locations in California, Massachusetts and India. For more information, please visit: [ http://www.caviumnetworks.com ]
About Deloitte
"As used in this document, 'Deloitte' means Deloitte LLP. Please see [ www.deloitte.com/about ] for a detailed description of the legal structure of Deloitte LLP and its subsidiaries."
