BRAVO YALCIN AYASLI : Hittite founder’s money boosts Turkey’s image

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TF hopes that there more persons like Ayasli Familiy, to support Turkey’s image

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Onemli – bahsettigim yazi .. TM

Hittite founder’s money boosts Turkey’s image

Boston Business Journal – by Tim McLaughlin

by Tim McLaughlin on September 17, 2010

Five years after stepping aside as chairman of Chelmsford’s Hittite Microwave Corp., Yalcin Ayasli has pumped tens of million of dollars into Turkish causes, even finding himself in the middle of the debate over whether the killing of 1.5 million Armenians during the Ottoman Empire was genocide.

Ayasli’s spending largely has escaped notice. Even some of the beneficiaries of his money, such as an Ohio congresswoman, say they don’t know who he is.

Ayasli has funded his interest in the culture and heritage of his native Turkey through the steady sale of Hittite stock. Over the past year, Ayasli and members of his family have sold $131 million worth of Hittite shares. And since April 2006, that total is about $438 million, according to data gathered by a unit of Thomson-Reuters.

Ayasli and his family also have become a force to be reckoned with in American politics. During the past three election cycles, the Ayasli family has contributed several hundred thousand dollars to Democratic and Republican campaigns and political action committees, according to the nonpartisan Center for Responsive Politics in Washington D.C.

Read more: Hittite founder’s money boosts Turkey’s image – Boston Business Journal

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About Hittite Microwave Corporation

Hittite Microwave is an innovative designer and developer of high-performance integrated circuits, or ICs, modules, subsystems and instrumentation for technically demanding radio frequency, or RF, microwave and millimeterwave applications. Products include amplifiers, attenuators, broadband time delay, comparators, data converters, DC power conditioning, DC power management, dielectric resonator oscillators, filters-tunable, frequency dividers and detectors, frequency multipliers, high speed digital logic, interface, limiting amplifiers, mixers and converters, modulators and demodulators, mux/demux, oscillators, passives, phase lock loop (PLL), PLL with integrated VCOs, phase shifters, power detectors, sensors, switches, synthesizers, transimpedance amplifiers and variable gain amplifiers. Hittite’s products are used in a variety of applications and end markets including automotive, broadband, cellular infrastructure, fiber optic, microwave and millimeterwave communications, military, space, and test and measurement. The company utilizes radio frequency integrated circuits (RFIC), monolithic microwave integrated circuits (MMIC), multi-chip modules (MCM) and microwave integrated circuit (MIC) technologies. The company is headquartered in Chelmsford, MA.

SOURCE: Hittite Microwave Corporation

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iQuarterly Data All numbers in thousands
Period Ending Jun 30, 2010 Mar 31, 2010 Dec 31, 2009 Sep 30, 2009
Total Revenue 60,314 54,193 43,653 41,469
Cost of Revenue 15,206 14,421 11,001 11,623
Gross Profit 45,108 39,772 32,652 29,846


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One response to “BRAVO YALCIN AYASLI : Hittite founder’s money boosts Turkey’s image”

  1. Demir Karsan Avatar
    Demir Karsan

    Sayin Ayasli ve ailesinin Turk toplumuna ve serefimizin korunmasina degerli katkilarina minnetle tesekkur ederiz.

    Demir karsan

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