pmc - sierra inc (PMCS:NASDAQ GS)
pmc - sierra inc (PMCS) Snapshot
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Open
$6.23
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Previous Close
$6.25
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Day High
$6.33
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Day Low
$6.12
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52 Week High
03/15/13 - $6.88
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52 Week Low
11/1/12 - $4.63
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Market Cap
1.3B
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Average Volume 10 Days
1.2M
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EPS TTM
$0.59
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Shares Outstanding
204.0M
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EX-Date
--
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P/E TM
10.4x
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Dividend
--
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Dividend Yield
--
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PMC-Sierra, Inc. designs, develops, markets, and supports semiconductor solutions for communications network infrastructure in North America, Europe, and Asia. Its semiconductor devices enable networking equipment primarily in three markets: storage, optical, and mobile networks. The company’s storage products comprise RAID-on-Chip, controllers, expanders, loop switches, physical layer products, and MIPs processors that enable high-speed communication servers, switches, and storage devices to store, manage, and move large quantities of data. Its optical products include wide area network communication products focusing on metro and access networks, including optical transport network, synchronous optical networks, asynchronous transfer mode, and fiber to the home; and meta and HyPHY family products, ethernet, synchronous digital hierarchy framers, cross connects, and T1/E1 and DS-3/E3 mappers/framers. The company’s mobile products consist of Winpath processors, T1/E1, and SERDES devices, as well as devices that are used in 2G, 3G, and 4G wireless base stations and mobile backhaul equipment; and UFE family products, combiner/serializers, transceivers/framers, and radio devices. PMC-Sierra sells its products directly, as well as through distributors and independent manufacturers’ representatives to equipment and design manufacturers, who in turn supply their equipment to service providers, carriers, and enterprises. The company was founded in 1983 and is headquartered in Sunnyvale, California.
pmc - sierra inc (PMCS) Top Compensated Officers
pmc - sierra inc (PMCS) Key Developments
PMC introduced WinPath4, the industry's first backhaul processor that enables mobile operators to scale capacity in their backhaul networks while transitioning to Layer 3 Packet Transport Networks (PTN). As the newest member of PMC's leading WinPath backhaul processor family, WinPath4 eliminates network bottlenecks caused by the growing deployment of 4G LTE. The proliferation of smart mobile devices and growing demand for higher data rates are driving carrier migration to LTE technology. As LTE backhaul networks are deployed, carriers are eliminating the radio node controllers (RNC) used in 3G deployments and distributing the controller function across base stations. This requires migration from a Layer 2 centralized hub network to a Layer 3 mesh IP topology with intelligence at each base station. WinPath4's unique, programmable Carrier Ethernet Router-on-Chip architecture allows system vendors to provide new platforms that enable this transition. Operators have to manage new 4G LTE deployments co-located with existing 2G and 3G installations, which requires both a Layer 2 PTN switch and a Layer 3 router at each cell site. WinPath4's Carrier Ethernet Router-on-Chip architecture combines switch and router functionality in a single platform, enabling OEMs to offer a new class of LTE backhaul equipment that enhances functionality and eliminates the need for two platforms. With this addition to the WinPath family, OEMs can also standardize on common hardware and software solutions across their portfolio of small cell, microwave, PTN pizza box and CESR backhaul platforms, to achieve the lowest cost of ownership and fastest time to market.
PMC announced the industry's first low-profile, 24-port, PCIe Gen3 6Gb/s SAS/SATA RAID adapter, enabling new dense architectures for scale-out or space-limited data centers. With 24-port native connectivity, the Adaptec 78165 triples storage connectivity by replacing up to three eight-port RAID adapters, and more than doubles the performance of competing solutions, significantly reducing cost and power. The 24-port, low-profile/MD2 form factor Adaptec 78165 is the newest addition to the Adaptec Series 7 RAID adapter family, and it gives space-limited data centers the ability to deploy internal and external SAS & SATA connectivity. The 78165 performs at up to 6.6GB/s on sequential reads and up to 5.2GB/s on sequential writes (with RAID 0), more than doubling the performance of competing RAID host-bus adapters. Like other products in the Adaptec Series 7 family, the 78165 utilizes PMC's revolutionary 24-port RAID on Chip and High Density (HD) Mini-SAS connectors. Other advanced technologies incorporated into the Adaptec 78165 include: Third-generation Zero-Maintenance Cache Protection (ZMCP), which uses flash memory to protect cached data, eliminating the installation, monitoring, maintenance, disposal and replacement costs associated with lithium-ion battery backup units (BBUs); First to market with standard HD Mini SAS connectors and cables for ease of use, fit, and function in dense server environments; Adaptec management tools suite, which simplifies monitoring and configuring RAID adapters in a system; and FlexConfig capability allowing RAID, simple volume and physical drive configurations. The Adaptec 78165 is production released to OEM partners and will be available through Adaptec's worldwide distributors and storage channel partners in the third quarter of 2013.
PMC-Sierra Inc. - M&A Call

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Industry Analysis
PMCS
Industry Average
| Valuation | PMCS | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.4x |
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| Price/Book | 2.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 2.2x |
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Post a JobJobs
- Sunnyvale, CA | Pmc-sierraPosted: May 24
- Detroit, MI | PMCPosted: Jun 14
- Lansing, MI | PMCPosted: May 29
- Sunnyvale, CA | Pmc-sierraPosted: Jun 07
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