Davis has over 30 years of operational experience in the high-growth technology arena, leading the Broadband Connectivity Group (BCG) at ADC Telecommunications to a 36% compound annual growth rate (CAGR) from 1992 to 2000, delivering over 100% of the company’s operating profit. He led the BCG to identify, acquire, and successfully integrate seven entities that provided ADC with differentiable enabling technologies. Among the acquisitions were two chip-making operations dedicated to fabricating optical networking devices.
(April 4, 2005) San Jose, Calif. — Normally a weak month for microchip sales, worldwide sales of $18.1 billion in February were 2% below the revised January sales of $18.4 billion, but were 15.8% higher than February 2004 sales of $15.6 billion, according to the Semiconductor Industry Association (SIA).