How's 17 years for a start-up's payback time? It was a big surprise last week when Intel agreed to pay $300 million to former high-flier MicroUnity to settle patent claims. John Moussouris, chief executive of MicroUnity, founded his company in 1988 to make a new breed of communications chips. The company raised $200 million from Microsoft, Hewlett-Packard and others. It recruited a raft of talent and even built its own chip factory in Sunnyvale. But the company predated the Internet's rise and never quite pulled it all together. Moussouris saved the company by cutting back to a skeleton crew, selling off the factory and licensing the chip making technology.

Posted by GEN-ERIC at 01:48:25 pm into the following categories: In The News

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