(Source: MARKETWIRE)
Cavium Networks (NASDAQ: CAVM), a leading provider of highly
integrated semiconductor products that enable intelligent processing
for networking, communications, storage, wireless and video
applications, today announced that it has been ranked among the
fastest growing companies in North America on Deloitte's Technology
Fast 500(TM), Deloitte LLP's ranking of 500 of the fastest growing
technology, media, telecommunications, life sciences and clean
technology companies in North America.
Cavium Networks is ranked 137 on Deloitte's 2009 Technology Fast 500.
Rankings are based on percentage of fiscal year revenue growth during
the five year period from 2004-2008. Cavium Networks grew revenue
1,069 percent during this period.
Cavium Networks' President and CEO Syed Ali credits the company's
growth to the expansion of its multiple products families, including
the OCTEON Multi-core MIPS64 processor family, the NITROX family of
deep packet inspection and security co-processors, PureVu Video
processors and ECONA single and dual-core ARM processors, which are
used in high growth intelligent networking, storage, wireless, video
and connected home and office markets. He said, "We are pleased to
receive this recognition from Deloitte. We look forward to driving
aggressive growth in our target markets by providing highly
differentiated and performance leading embedded processor solutions."
"Technology Fast 500(TM) recognizes innovative companies that have
broken down barriers to success and defied the odds with their
remarkable five-year revenue growth," said Phil Asmundson, Vice
Chairman and U.S. Technology, Media and Telecommunications leader,
Deloitte LLP. "We congratulate Cavium Networks on this
accomplishment."
"With its impressive five-year growth, Cavium Networks has earned its
position among the fastest growing technology, media,
telecommunications, life sciences and clean technology companies in
North America," said Mark Jensen, Managing Partner, Technology and
Venture Capital Services, Deloitte & Touche LLP. "Deloitte is proud
to honor Cavium Networks for its achievement."
Cavium Networks previously ranked as a Technology Fast 500(TM) award
winner in 2008.
Technology Fast 500(TM) Selection and Qualifying Criteria
Technology Fast 500(TM) provides a ranking of the fastest growing
technology, media, telecommunications, life sciences and clean
technology companies in North America.
