Lattice Semiconductor Corporation is an American manufacturer of high-performance programmable logic devices . Founded in 1983, the company by 2014 was employing about 700 people and had annual revenues of around $300 million. In 2011, the Oregon-based company was ranked third among the world's makers of field programmable gate array devices and second for CPLDs & SPLDs. The company went public in 1989 and is traded on the NASDAQ stock exchange under the symbol LSCC.
Lattice was founded on April 3, 1983, by C. Norman Winningstad, Rahul Sud, and Ray Capece, with investment from Winningstad, Harry Merlo, Tom Moyer, and John Piacentini. Lattice was incorporated in Oregon in 1983 and reincorporated in Delaware in 1985. Co-founder Sud left as president in December 1986, and Winningstad left in 1991 as chairman of the board. Early struggles led to chapter 11 bankruptcy reorganization in July 1987. The company emerged from bankruptcy after 62 days and moved from its headquarters in an unincorporated area near Beaverton to a smaller building in Hillsboro, Oregon. Over the next year, the company shrank from 140 to 64 employees but posted record revenues.
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