Austin continues to lure high-tech companies to the area, with the latest announcement coming from Altera Corporation, a semiconductor chip designer based in San Jose, California. Altera is a well-established player in the chip market and is opening a design center in Austin to tap into our existing expertise, especially with respect to embedded processing. They plan to sign a lease for space in Southwest Austin and will eventually hire several hundred engineers and designers, according to a story from the Austin American-Statesman.
Altera will work with a group of technology designers known as ARM Ltd., who develop low-power designs for high-tech applications such as processing cores. ARM Ltd. already includes such powerhouse companies as Freescale, Samsung, and Texas Instruments. Altera Corporation focuses on developing customizable system chips and employs over 2,600 employees worldwide.
According to their website, “Altera Corporation is the pioneer of programmable logic solutions, enabling system and semiconductor companies to rapidly and cost effectively innovate, differentiate and win in their markets. Altera combines the programmable logic technology originally invented in 1983 with software tools, intellectual property, and customer support to provide high-value programmable solutions to over 13,000 customers.” They had $1.95 billion in revenue in 2010.
They have already posted job announcements for the Austin area on their website. Check out their current list of openings by clicking here.
To see the complete Austin American-Statesman article, please click here.