NVIDIA makes 3-D graphics processors that are built into products made by PC original equipment manufacturers (OEMs) and add-in board makers. The company's RIVA128 graphics processor combines 3-D and 2-D graphics on a single chip and is designed to provide a lower cost alternative to multi-chip or multi-board graphics systems. Customers include STB Systems (63% of sales) and Diamond Multimedia Systems (31%). These two companies incorporate NVIDIA's processors into add-in boards that are then sold to OEMs such as Compaq, Dell, Gateway, and Micron Technology. NVIDIA is fighting patent-infringement suits filed by 3DFX Interactive, Silicon Graphics and S3 that seek to block the sale of its RIVA processors.
Web Site: nvidia.com
Expected IPO date: Week of Jan. 18, 1999