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Company Description (as filed with the SEC)
We were incorporated as a limited liability company under the laws of the State of Israel in 1989 as Dan-Serb Ltd. and changed our name to LanOptics Ltd. in March 1990 and to EZchip Semiconductor Ltd. on July 22, 2008. Until 1999, our principal business was the development, manufacture and marketing of solutions and Internet applications to improve the connectivity and performance of corporate Local Area Networks, or LANs, and Wide Area Networks, or WANs. In mid-1999, we decided to cease the research and development of new switching products for LANs and instead, to focus on our internal ASIC design team. This team, which had previously developed ASICs for our LAN and WAN products, began work on the development of network processors. This new business initiative was incorporated as our subsidiary EZchip Technologies in December 1999. We are currently engaged in the development and marketing of Ethernet network processors for networking equipment. ... More ...