Internet Machines
Private, fabless semiconductor company
About Internet Machines
Internet Machines Corporation was a fabless semiconductor company that developed and offered highly integrated communications integrated circuits (ICs). The firm was established by co-founders Chris Hoogenboom and Frank P. Knuettel, II. Before creating Internet Machines, Hoogenboom was involved in engineering development for Xylan Corporation, contributing to its substantial revenue growth, and holds several U.S. patents in data networking and digital video compression. Knuettel brought financial and operational expertise from his roles as CFO at Viking Systems, Inc. and Fightertown Entertainment.
The company's business focused on providing protocol-independent communications ICs to original equipment manufacturers (OEMs). This positions them within the communications infrastructure segment, supplying critical components for both wireless and wired networking equipment. A key aspect of their product offering was the licensing of their PCI Express technology, which was designed for standards-based serial switching. This technology facilitates high-speed data transfer and communication within complex electronic systems, such as blade servers.
In a significant strategic move in 2004, Integrated Device Technology (IDT) acquired Internet Machines Corporation. This acquisition was pivotal for IDT, enabling them to accelerate their entry into the serial switching market by incorporating Internet Machines' established PCI Express technology. Following the acquisition, IDT transformed the operations into a new serial switching division, indicating the value placed on the specialized technology and expertise brought by Internet Machines.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2000
- Headquarters
- Agoura Hills, United States
- Open positions
- None listed
- Dealroom signal
- 20.0/100
- Industry
- Semiconductors
- Sector
- Semiconductors, Chips, Semiconductor Designers and Manufacturers, Chips and Processors, Hard Tech, DT and LS, science-based
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Jul 2001 | $41M | $164M | Exar Corporation | — |
| SERIES BOther financing | Sep 2000 | $30M | $120M | Meritech Capital | — |
Growth signals
Latest recorded traffic for Internet Machines is 0 monthly website visits.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Series B and later1 investor entered at this stage
Exar Corporation
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Internet Machines on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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