Amelco

melco Semiconductor was founded in 1961 in Mountain View, California by Fairchild founders Jean Hoerni, Eugene Kleiner, Jay Last, and Sheldon Roberts. With financing from Teledyne Corporation arranged by Arthur Rock, the plan was to build monolithic integrated circuits in support of Teledyne's military business. As the market took longer to develop than anticipated, product development was expanded to include a broad line of discrete devices and hybrid circuits for military and aerospace applications. Later renamed Teledyne Semiconductor, the company operated as a unit of Teledyne Components before being spun out in 1993 as Telcom Semiconductor, Inc. Telcom was acquired by Microchip in 2000.