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ATI Technologies

ATI is known as the worldwide 3D graphics king. The Canadian company made its name producing graphics and gaming processors for PCs, becoming a billion-dollar Canadian tech darling by riding those 3D chips. After weathering financial controversy around the quality of its earnings upon the new millennium, it has come back to life supplying graphics, video, and multimedia products for devices beyond the PC -- from digital televisions to cell phones.

The new strategy has fueled sales 43%, to $2 billion in fiscal 2004. Its chips power the graphics in cutting-edge wireless devices such as the Motorola Razr. Its processors handle the coding of signals for digital TV. And most recently, since PC giants like Dell and IBM have introduced PCs containing a new standard to optimize high-definition content, ATI has seized the opportunity. It now ships more graphics processors for PCs than any supplier. Suddenly, its market share has jumped 10 points, to about 55%, and Wall Street estimates fiscal 2005 sales to rise an additional 20%, to $2.4 billion.

Company Info

STOCK INFO ATYT
Revenues* $2.3 BILLION
Revenue Growth 36.9%
Return on Equity 20.7%
Total Return-8.4%
Profits* $230.7 MILLION
Industry COMPUTERS AND PERIPHERALS
CORPORATE WEB SITE
All figures are for the most recent available 12 months.

* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.


Data provided by Standard & Poor's Compustat, BusinessWeek

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Company Snapshot

ATI Technologies Inc. engages in the design, manufacture, and sale of 3D graphics and digital media silicon solutions. The company primarily offers visual and graphics processors for displaying images on personal computer monitors. It also supplies graphics, video, and multimedia products for desktop, workstation and notebook personal computers, digital televisions, cell phones, and game consoles. The company sells its products through personal computer original equipment manufacturers, system integrators, add-in board manufacturers, retail stores, and consumer electronics manufacturers primarily in North America, Europe, and the Asia-Pacific region. ATI Technologies was founded in 1985. The company was incorporated in August 1985 as Array Technology Inc. and changed its name to Array Technologies Inc. in September 1985. Further, it changed its name to ATI Technologies Inc. in December 1985. The company is headquartered in Markham, Canada.

No. of Employees

NA


Data provided by Capital IQ
David Orton

David Orton

Bio

Dave Orton is President and Chief Executive Officer of ATI Technologies. He leads ATI’s Senior Management team and is an Officer of the Company. He joined ATI as President and COO a result of ATI’s acquisition of ArtX, Inc. in April 2000, where Mr. Orton had served as President and Chief Executive Officer. He formally became CEO in June 2004. Mr. Orton earned a Bachelor of Science degree in Mathematics and Economics at Wake Forest University and a Master of Science degree in Electrical Engineering from Duke University.