Maxim Integrated, a subsidiary of Analog Devices, designs, manufactures, and sells analog and mixed-signal integrated circuits for the automotive, industrial, communications, consumer, and computing markets. Maxim's product portfolio includes power and battery management ICs, sensors, analog ICs, interface ICs, communications solutions, digital ICs, embedded security, and microcontrollers. The company is headquartered in San Jose, California, and has design centers, manufacturing facilities, and sales offices worldwide. Maxim was founded in April 1983. The founding team included Jack Gifford, a semiconductor industry pioneer since the 1960s; Fred Beck, an IC sales and distribution pioneer; Dave Bingham, General Electric’s Scientist of the Year in 1982; Steve Combs, a pioneer in wafer technologies and manufacturing; Lee Evans, also a pioneer in CMOS analog microchip design and General Electric’s Scientist of the Year in 1982; Dave Fullagar, inventor of the first internally compensated operational amplifier circuit; Roger Fuller, a pioneer in CMOS microchip design; Rich Hood, development director for some of the first microprocessor-controlled semiconductor test systems; and Dick Wilenken, who is acknowledged as the father of key analog switch and multiplexer technologies. Based on a two-page business plan, they obtained US$9 million in venture capital financing to establish the company. In its first year, the company developed 24 second source products.