Customer concentration and trends: "In 2008, IBM, Metatech, and Sabre each accounted for over 10% of our net revenue, and collectively accounted for 71% of our net revenue. In 2007, IBM, Metatech, Sabre and EIL each accounted for more than 10% of our net revenue, and collectively accounted for 81% of our net revenue. In 2006, IBM, Metatech and Sabre each accounted for more than 10% of our net revenue, and collectively accounted for 65% of our net revenue."
Revenue by end market: "In 2008, we estimate that 60% of our net revenue was derived from sales in the server and storage market, 11% from the networking and communications market, 20% from the desktop and workstation market; and 9% from the consumer and portable market."
Employees: "As of December 31, 2008, we had 182 full-time employees. There were 94 employees in research and development, 40 in sales, marketing and field services, 24 in general, administrative and finance and 24 in operations support."
Wafer foundry: "We are a fabless semiconductor company and as such, we rely on third-party semiconductor manufacturers, or foundries, such as Chartered Semiconductor Corporation and Taiwan Semiconductor Manufacturing Corporation."
Assembly and test: "We rely on third-party subcontractors, such as Amkor Technology, STATS ChipPAC Ltd., Carsem, Advanced Semiconductor Engineering and UTAC, to assemble and test our products."
Legal actions: "In November 2008, we filed a lawsuit in the United States District Court in the Northern District of California against Primarion, Inc., Infineon Technologies AG and Infineon Technologies North America Corporation (the “Defendants”), Case No. CV 085029, for infringement of Volterra’s U.S. patent numbers 6,278,264, 6,462,522, 6,713,823, 6,020,729 and 6,225,795, which seeks declaratory relief, an injunction, unspecified damages, and attorneys’ fees against the Defendants............."
