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Array Technologies

#5886

Rank

$806.79M

Marketcap

US United States

Country

Array Technologies
Leadership team

Mr. Nipul A. Patel (Chief Financial Officer)

Mr. Tyson K. Hottinger (Chief Legal Officer & Gen. Counsel)

Mr. Kevin G. Hostetler (CEO & Director)

Products/ Services
Energy, Information Technology, Manufacturing, Solar
Number of Employees
1,000 - 20,000
Headquarters
Albuquerque, New Mexico, United States
Established
1992
Company Registration
SEC CIK number: 0001820721
Revenue
Above - 1B
Traded as
ARRY
Social Media
Overview
Location
Summary
Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico.
History

Lee Ka Lau, Francis Lau, Benny Lau, and Kwok Yuen Ho founded ATI in 1985 as Array Technology Inc.

Working primarily in the OEM field, ATI produced integrated graphics cards for PC manufacturers such as IBM and Commodore. By 1987, ATI had grown into an independent graphics-card retailer, introducing EGA Wonder and VGA Wonder card product lines that year. In the early nineties, they released products able to process graphics without the CPU: in May 1991, the Mach8, in 1992 the Mach32, which offered improved memory bandwidth and GUI acceleration. ATI Technologies Inc. went public in 1993, with shares listed on NASDAQ and on the Toronto Stock Exchange.

In 1994, the Mach64 accelerator debuted, powering the Graphics Xpression and Graphics Pro Turbo, offering hardware support for YUV-to-RGB color space conversion in addition to hardware zoom; early techniques of hardware-based video acceleration.

ATI introduced its first combination of 2D and 3D accelerator under the name 3D Rage. This chip was based on the Mach 64, but it featured elemental 3D acceleration. The ATI Rage line powered almost the entire range of ATI graphics products. In particular, the Rage Pro was one of the first viable 2D-plus-3D alternatives to 3dfx's 3D-only Voodoo chipset. 3D acceleration in the Rage line advanced from the basic functionality within the initial 3D Rage to a more advanced DirectX 6.0 accelerator in 1999 Rage 128.

The All-in-Wonder product line, introduced in 1996, was the first combination of integrated graphics chip with TV tuner card and the first chip that enabled display of computer graphics on a TV set. The cards featured 3D acceleration powered by ATI's 3D Rage II, 64-bit 2D performance, TV-quality video acceleration, analog video capture, TV tuner functionality, flicker-free TV-out and stereo TV audio reception.

ATI entered the mobile computing sector by introducing 3D-graphics acceleration to laptops in 1996. The Mobility product line had to meet requirements different from those of desktop PCs, such as minimized power usage, reduced heat output, TMDS output capabilities for laptop screens, and maximized integration. In 1997, ATI acquired Tseng Labs's graphics assets, which included 40 engineers.

The Radeon line of graphics products was unveiled in 2000. The initial Radeon graphics processing unit offered an all-new design with DirectX 7.0 3D acceleration, video acceleration, and 2D acceleration. Technology developed for a specific Radeon generation could be built in varying levels of features and performance in order to provide products suited for the entire market range, from high-end to budget to mobile versions.

In 2000, ATI acquired ArtX, which engineered the Flipper graphics chip used in the Nintendo GameCube game console. They also created a modified version of the chip for the successor of the GameCube, the Wii. Microsoft contracted ATI to design the graphics core for the Xbox 360. Later in 2005, ATI acquired Terayon's cable modem silicon intellectual property, strengthening their lead in the consumer digital television market. K. Y. Ho remained as Chairman of the Board until he retired in November 2005. Dave Orton replaced him as the President and CEO of the organization.

On July 24, 2006, a joint announcement revealed that Advanced Micro Devices would acquire ATI in a deal valued at $5.6 billion. The acquisition consideration closed on October 25, 2006, and included over $2 billion financed from a loan and 56 million shares of AMD stock. ATI's operations became part of the AMD Graphics Product Group , and ATI's CEO Dave Orton became the Executive Vice President of Visual and Media Businesses at AMD until his resignation in 2007. The top-level management was reorganized with the Senior Vice President and General Manager, and the Senior Vice President and General Manager of Consumer Electronics Group, both of whom would report to the CEO of AMD. On 30 August 2010, John Trikola announced that AMD would retire the ATI brand for its graphics chipsets in favor of the AMD name.

Mission
To provide the world with reliable, innovative, and cost-effective solar tracking solutions to enable customers to realize the benefit of solar energy.
Vision
To be the leader in the solar tracking industry by providing premier products and services that exceed client expectations and positively impact the planet.
Key Team

Mr. Thierry Marin-Martinod (Chief Technology Officer)

Cody Mueller (VP of Fin. & Investor Relations)

Mr. Terrance L. Collins (Chief HR Officer)

Ms. Erica Brinker (Chief Commercial Officer and Head of Environmental, Social & Governance)

Mr. Travis Rose (Chief Revenue Officer)

Recognition and Awards
Array Technologies has been recognized for its product excellence, innovation, and leadership within the industry. Awards include the Solar Energy Industries Association Solar Business Achievement Award, the Solar Power World Top Solar Tracking Company of the Year, the Natural Resource Defense Council Clean Tech Business Leader of the Year, and the Technology Business Award from the American Electronics Association.
References

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Array Technologies
Leadership team

Mr. Nipul A. Patel (Chief Financial Officer)

Mr. Tyson K. Hottinger (Chief Legal Officer & Gen. Counsel)

Mr. Kevin G. Hostetler (CEO & Director)

Products/ Services
Energy, Information Technology, Manufacturing, Solar
Number of Employees
1,000 - 20,000
Headquarters
Albuquerque, New Mexico, United States
Established
1992
Company Registration
SEC CIK number: 0001820721
Revenue
Above - 1B
Traded as
ARRY
Social Media