SAN JOSE, CA - GainSpan® Corporation, today announced it ranked 4th among semiconductor companies on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. GainSpan, which has ranked among the Fast 500 companies for three consecutive years, grew 297 percent during 2011-2014.
GainSpan CEO Greg Winner credits the company's rapid revenue growth to its ultra-low-power wireless modules, feature-rich software and solutions, expanding partner ecosystem and technical support, all of which help developers simply and quickly build connected products for the flourishing IoT space. "We offer unmatched capabilities that help customers get differentiated products to market quickly, whether it’s video doorbells, battery-powered cameras, weight scale or other personal healthcare products, or various monitoring and control devices for the industrial and commercial space," he said.
"Amid a fierce business climate," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader "there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries. It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016."
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have 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. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
GainSpan, a spinoff of Intel Corporation, is an innovator and leader in semiconductor solutions for wireless connectivity for the rapidly emerging Internet of Things. GainSpan solutions let customers easily create connected products for the Connected Home, Smart Energy, healthcare/fitness, control/monitoring in industrial, commercial and residential markets and high-speed audio, video and security applications. www.gainspan.com.