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DECEMBER 2001 Contents
Page 10 of 10
Telecom & Software - Trends & Future in South Asia
Part II - Pakistan.
degree [Honors] from the University of London,
with his family in Morgan Hill, California.
/Wealth created about $ 4 billion by 2001.
Raza passed high school [ St. Anthonyís & Aitchison College] in the
late 1960ís from the old city
of Lahore -a center for educational and cultural [ arts & film making
] excellence and dubbed as the Paris of India during the last days of
getting a Bachelorís degree in Electronics from University of London,
Atiq flirted briefly with work at the Haripur R& D Labs of the
Pakistan Telecoms Corp. before heading out to the US. After finishing his
Masterís from Stanford University,
where Vinod Khosla [ Sun Micro Systems and Kleiner Perkins &
Caufield Byers - the venture capital company ] and he became friends. Atiq
Raza worked at Amdhal Corporation
and VLSI Corp. in the Silicon Valley , California .
then took on the colossal task of taking
a handful of engineers at Nexgen [ a start-up company] and challenging the
total dominance of Intel in the Microprocessors area. He describes it as a
small army taking on the the forces of the Roman Empire . He went on to
sell Nexgen for $ 800 million to AMD instead of an offer of 1.2 billion
from the memory chip maker Micron. In 1999 he led AMD to successfully
produce and market the K-6 processors. thereby breaking Intelís monopoly
of the microprocessor market in the world.
tirelessly on weekends and working hands -on to execute the early
production problems, Atiq broke Intelís hold by producing the worldís
first 32- bit processors running at 1000 Mhz
after that, Atiq Raza, calling
the microprocessor an edge device, saw
that the future lay in building chips for the broadband communications,
especially the last mile problem. A problem that was being left unsolved
by the Regional US Bell companies and causing the economy to slow down.
Raza left AMD to start
a new venture of his own in 1999.
Raza founded Raza Foundries and Raza Ventures as a special breed of
venture capital company that has successfully pioneered a new concept in
the Silicon Valley by taking a team of engineers and rapidly ramping
/bringing their ideas to production and eventual buyout . In this way Raza
ventures has established a new milestone in creating intellectual capital
and value generation in the Silicon Valley .
Atiq Raza , Raza Foundries have built Pacific Broadband communications
[ cable modem hardware - the last mile problem solution ]
and Yuni Networks [ a Chinese husband and wife team]
which was sold for $ 300 million to Applied Microcircuits in 2000.
Storage area networks is another field that Raza Foundries is developing .
Atiq Raza also is guiding Pakistaní efforts via the OPEN-US California Group to enter into the software market. Mr. Raza serves on the board of directors of AMCC, Maple Optical Systems, Nexsi Systems, Pacific Broadband Communications and several other private companies.
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