Company Milestones

• 1988 – Power Integrations founded by Klas Eklund, Art Fury and Steve Sharp
• 1994 – TOPSwitch™ family debuted as company’s first commercial product
• 1997 – Initial public offering on NASDAQ at $4/share (split-adjusted)
• 1998 – Introduced TinySwitch™ family with EcoSmart™ energy-efficiency technology
• 1999 – TinySwitch™ received Discover Magazine Award for Technological Innovation
• 2002 – Introduced LinkSwitch™ family – industry’s first cost-effective replacement for linear transformers, or "energy vampires"
• 2002 – Balu Balakrishnan succeeded Howard Earhart as CEO; annual revenues surpass $100 million
• 2003 – Selected as one of the world’s top 20 “sustainable stocks” by SustainableBusiness.com
• 2005 – Energy savings from EcoSmart technology surpassed $1 billion; company again selected as one of world’s top 20 sustainable stocks by SustainableBusiness.com
• 2006 – Received ENERGY STAR® award
• 2007 – Company’s stock added to NASDAQ Clean Edge stock indices
• 2008 – Stock added to The Cleantech Index; company initiates quarterly dividend
• 2010 – Unveiled one of Silicon Valley’s largest solar installations at our San José headquarters
• 2012 – Acquired CT-Concept, Swiss provider of IGBT drivers, for $116 million
• 2012 – Introduced LYTSwitch™ family for LED lighting applications
• 2014 – Introduced revolutionary InnoSwitch™ product family
• 2015 – Acquired Cambridge Semiconductor, UK-based supplier of controller chips for AC-DC power supplies, for $23 million
• 2016 – Surpassed $100M in quarterly revenues for the first time (Q3)
• 2017 – Expanded Asian presence with new R&D and production-support center in Penang, Malaysia