![]() Sud decided that the fledgling Lattice should immediately begin construction of a $100-million, cutting-edge manufacturing facility. But that sum paled in comparison to Sud ’s grandiose business plans. Winningstad helped Sud and Capece to raise about $19 million. They invested in the company partly because they believed that Lattice ’s success would help Portland become a U.S. Winningstad was integral to Lattice ’s startup because he and several of his friends in the Portland business community fronted much of the initial investment capital. Norman Winningstad, the founder of the successful Floating Point Systems, a maker of computers and peripherals. The pair formed Lattice International Inc. Although neither partner had experience managing a company, they believed that Sud ’s ideas and Capece ’s ability to raise investment capital were a winning combination. Capece had gained experience raising capital through his job with venture capitalist Ben Rosen. Sud, a native of India, had worked as a chip designer at both Inmos and vaunted Intel. Management novices Rahul Sud and Raymond Capece started Lattice in the early 1980s, when the market for semiconductors was red hot. After struggling through the late 1980s, the company grew rapidly beginning in the early 1990s, particularly after it moved into the market for more advanced, high-density semiconductors. designs and markets programmable logic semiconductor devices and contracts other companies to manufacture those chips. ![]() Employees: 438 Sales: $144 million (1995) Stock Exchanges: NASDAQ SICs: 3674 Semiconductors & Related Devices 3679 Electronic Components, Not Elsewhere Classified ![]() Public Company Incorporated: 1983 as Lattice International, Inc. Moore Court Hillsboro, Oregon 97124-6421 U.S.A. ![]()
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