In late 2006, SPEC’s subsidiary company, SENSORTRAN, successfully spun out. SensorTran develops fiber optic based distributed sensing systems. SensorTran currently provides Distributed Temperature Sensing (DTS) units and is developing new technologies for the distributed sensing of strain and corrosion. The company remains in Austin, Texas.
In mid 2005, SPEC’s wholly owned subsidiary, COHERENT LOGIX, Incorporated, was spun out as an independent, fabless semiconductor company. Funding from DARPA, Army and Air Force was awarded to develop its HyperX technology, which is a new integrated hardware and software platform to enable full embedded system solutions from algorithm to hardware. Additional venture funding was raised to commercialize this technology. The company is headquartered in Austin, Texas, with a satellite office in Silicon Valley.
In late 1998, SPEC’s Semiconductor Division was spun out as an independent company, EXTREME DEVICES, INC. To capitalize the business, Extreme Devices raised $35 million in venture capital. The new company focused exclusively on commercializing new products based on its wide bandgap materials technology. Extreme Devices constructed a 40,000 square foot fabrication facility in Austin, TX to support both device development and pilot production activities.