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Last $1.73 USD
Change Today +0.10 / 6.13%
Volume 85.2K
QUIK On Other Exchanges
As of 2:37 PM 10/6/15 All times are local (Market data is delayed by at least 15 minutes).

quicklogic corp (QUIK) Snapshot

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Day High
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52 Week High
11/13/14 - $3.29
52 Week Low
07/27/15 - $0.95
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for QUICKLOGIC CORP (QUIK)

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quicklogic corp (QUIK) Details

QuickLogic Corporation, a fabless semiconductor company, develops and markets low power customizable semiconductor and software algorithm solutions for tablets, wearables, smartphones, and mobile enterprise markets. The company’s customer specific standard products incorporate its ArcticLink III S, ArcticLink II and III VX and BX, ArcticLink, PolarPro 3, PolarPro II, PolarPro, and Eclipse II solution platforms, as well as packaging, proven system blocks, custom logic, sensor software algorithms, software drivers, and architecture consulting. Its products include pASIC 3, QuickRAM, and QuickPCI. The company markets and sells its products to original equipment manufacturers and original design manufacturers through a network of sales managers and distributors in North America, Europe, and Asia. QuickLogic Corporation was founded in 1988 and is headquartered in Sunnyvale, California.

98 Employees
Last Reported Date: 03/5/15
Founded in 1988

quicklogic corp (QUIK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $275.0K
Chief Technology Officer and Senior Vice Pres...
Total Annual Compensation: $195.0K
Vice President of Worldwide Engineering
Total Annual Compensation: $210.0K
Vice President of Worldwide Sales and Marketi...
Total Annual Compensation: $195.0K
Compensation as of Fiscal Year 2014.

quicklogic corp (QUIK) Key Developments

QuickLogic Corporation Enters into Second Amendment to Third Amended and Restated Loan and Security Agreement with Silicon Valley Bank

On September 25, 2015, QuickLogic Corporation entered into a Second Amendment to Third Amended and Restated Loan and Security Agreement with Silicon Valley Bank to extend the Agreement for two years through September 25, 2017. The Agreement provides for committed loan advances of up to $6,000,000, subject to increase at the company's election to up to $12,000,000. Under the Agreement, the company is required to maintain a tangible net worth of at least $12,000,000, plus 50% of the proceeds from any equity issuance, plus 50% of the proceeds from any investments, tested as of the last day of each fiscal quarter; unrestricted cash or cash equivalents at the Bank or Bank's affiliates at all times in an amount of at least $6,000,000; and a ratio of quick assets to the results of current liabilities minus the current portion of deferred revenue plus the long-term portion of the obligations of at least 1.10 to 1.00, tested as of the last day of each month.

Runtastic Selects Quicklogic's Sensor Hub and Senseme Algorithm Library for Its New Runtastic Moment Wearable

QuickLogic Corporation announced that Runtastic has selected the company's ArcticLink(r) 3 S2 Sensor Hub and SenseMe(TM) Algorithm Library for its new and innovative Runtastic Moment watch, which combines traditional timekeeping with modern activity tracking technology. Runtastic is a leading provider of apps, products and services that track and manage health and fitness data. With more than 140 million downloads and 70 million registered users, Runtastic, which was acquired by adidas Group in August 2015, is a leader in the rapidly expanding mobile health and fitness tracking market. With ten unique designs, which are organized into four collections, the Runtastic Moment leverages this position by integrating 24/7 activity tracking into a fashionable and intuitive analog watch form factor. Through the use of QuickLogic's sensor hub technology, the Runtastic Moment activity tracker delivers up to six months of normal use from only a low-cost watch battery. The QuickLogic S2 sensor hub was designed from the ground up to address the unique requirements for processing the always-on flow of sensor data that is common in wearable devices and some leading edge smartphone designs. With its unique patent pending architecture, the QuickLogic S2 sensor hub supports these requirements with an average power consumption of only 75 W. When combined with QuickLogic's extensive SenseMe Algorithm Library, C-based development tools, and reference design platforms, OEMs can accelerate new product development cycles while minimizing design risks. QuickLogic's clear product roadmap assures OEMs that their design efforts will be extensible to future products.

QuickLogic Corporation Announces Arcticlink(R) 3 S2 Silicon Platform

QuickLogic Corporation announced that the company's ArcticLink(r) 3 S2 silicon platform, along with its associated SenseMe(TM) library of sensing algorithms, have been designed into the new, award-winning JUMPY smartwatch for kids. The QuickLogic sensor processing solution provides a fully integrated hardware and software sensor processing platform for this new smartwatch from Taiwan-based startup Joyray. With this platform, Joyray delivers a wide variety of interactive applications and extended battery life that enables children, and their parents, to enjoy the benefits of wearable technology. Designed specifically for younger children, the JUMPY smartwatch relies on Bluetooth(r) and motion sensing technology to interact with other JUMPY, Bluetooth and iPhone devices. QuickLogic's ArcticLink 3 S2 enables a number of gesture-activated features and functions, including a pedometer and unique gaming features. The JUMPY smartwatch features a variety of sensor-based interactive applications that help children learn on their own and through interacting with their peers and parents. Joyray also provides an open software development kit that allows third-party developers to introduce new apps on a regular basis.


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