Synaptics Named One of Forbes' Top 10 Small Tech Companies
Steady Growth and Performance Drive Human Interface Leader to Be Recognized for Seventh Straight Year
SAN JOSE, Calif., Oct. 31, 2013 /PRNewswire/ -- Synaptics Inc. (NASDAQ: SYNA), a leading developer of human interface solutions, today announced its recognition on the Forbes Best Small Companies list for the seventh straight year. Synaptics is proud to have come in at number 7 on the Best Small Tech Companies list and number 19 across all industries. Recognizing leading companies based on a combination of growth factors and stock performance, this ranking further solidifies Synaptics' dominance in the smartphone, tablet and notebook PC markets.
"Forbes' acknowledgment of Synaptics' sustained performance underscores our market leadership, and we look forward to working with our partners to continue our track record of delivering innovative solutions to market," said Rick Bergman, president and CEO of Synaptics. "Our industry leading system level engineering experience is a driving force behind our performance, and we couldn't maintain our edge without a world class team of employees."
Synaptics continues to grow its leadership in the touch solutions space and expand its presence in a wide variety of mobile and notebook PC products. Over the last 12 months, Synaptics has announced several design wins with major OEM partners including Samsung, Amazon and others, which has led to increased market penetration against competitors, as well as a 60 percent rise in stock value driven by customer implementations. Synaptics recently acquired Validity Sensors, Inc., a leading provider of fingerprint authentication solutions for smartphones, tablets and notebook PCs, further expanding its reputation as the industry's leading provider of human interface solutions.
For further information about this list, please visit: http://www.forbes.com/sites/jjcolao/2013/10/09/americas-best-small-companies-the-20-top-names-in-tech/.
About Forbes Best Small Companies
Forbes 100 Best Small Companies provides a ranking of a wide array of companies that have shown remarkable sales and earnings growth. The company rankings were based on earnings growth, sales growth and return on equity in the past 12 months and over 5 years. Selected companies were also required to have annual revenue between $5 million and $1 billion, with a stock price no lower than $5 a share. A comparison of each company's stock price with that of its peers was also factored into rankings.
As a leading developer of human interface solutions which enhance the user experience, Synaptics provides the broadest touch solutions portfolio in the industry. The ClearPad® family supports touchscreen solutions for devices ranging from entry-level mobile phones to flagship premium smartphones, tablets and notebook PCs. The TouchPad™ family, including ClickPad™ and ForcePad®, is integrated into the majority of today's notebook PCs. Synaptics' wide portfolio also includes ThinTouch® supporting thin and light keyboard solutions, as well as key technologies for next generation touch-enabled video and display applications. (NASDAQ: SYNA) www.synaptics.com
Synaptics, 3D-touch, TouchPad, ClearPad, ClickPad, ForcePad, ThinTouch and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries. All other marks are the property of their respective owners.
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SOURCE Synaptics Inc.
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