3Ware 2007 Annual Report Download - page 3

Fiscal 2007 was my second full year leading
AMCC. Fiscal 2006 can be characterized as one
of stabilization, where we put together a solid
leadership team and brought about prudent
fiscal discipline in the way we operate.
The focus during scal 2007 was on strengthening existing customer relationships and creating
new ones. We also acquired Quake Technologies in August 2006. This acquisition positioned
AMCC to gain a foothold in the enterprise network market, which with the deployment of
10Gbps Ethernet (10GE) technology, allows us to sell into markets with signicantly higher
volume opportunities.
We believe that service provider, enterprise and home networks are in the process of a profound
multi-year transformation and this provides us with a signicant opportunity. Network con-
nectivity is now pervasive and Internet Protocol (IP) will be the dominant converged network
infrastructure of the future. Mobility is becoming an essential demand of today’s consumer
whether they are in the home, in the oce or on the go. Simultaneously, storage needs are
growing exponentially both on and o the network, driven by the ever-increasing digital storage
of videos (think YouTube), photos, email, and indeed all types of digital information.
AMCC’s goal is to be the premier provider of solutions for processing, transporting and storing
information for the digital multimedia converged networks of the future. The converged IP
networks of the future will be capable of transporting voice, video and data over a common
infrastructure, while optimizing capital investment and reducing operational expenditures
for carriers. Increased demand for these new network-based services is causing unrelenting
growth in Internet trac that is overwhelming the access and core network infrastructure.
In order to resolve these bottlenecks, carriers are rolling out ber-based services to their
customers and this creates demand for our products that are deployed in the core and access
layers of the network.
This network convergence positions AMCC in the center of this transformation. We are channel-
ing our research and development (R&D) investments into product lines that address the exciting
growth areas of Process, Transport and Store in both carrier and enterprise networks. We intend
to exploit this transition by focusing on large markets that are in transition and provide plenty of
competitive opportunity. Each one of our focus areas of Process, Transport and Store t these
criteria.
T o o u r S t o c k h o l d e r s , C u s t o m e r s ,
P a r t n e r s a n d E m p l o y e e s :
AMCC’s goal is to be the premier
provider of solutions for
Processing, Transporting and
Storing information for the
digital multimedia converged
networks of the future.
Process
Embedded PowerPC processors supported by industry-standard
software, as well as specialized network processors optimized
for data-plane applications.
• Embedded Processors
• Network Processors
• Storage Processors