Apogee Technology (AMEX: ATA) today announced its new pressure sensor; it is the company's first MEMS-based product. Apogee has primarily been a fabless IC supplier to STMicroelectronics for audio amplifier applications such as home theater systems, powered speakers, car audio, commercial audio and PC multi-media. The company employs approximately 30 employees and reported $11 million in revenue in 2004.
It seems that Apogee is trying to enter the MEMS market with their new pressure sensor. It remains to be seen if Apogee can differentiate its MEMS products from competitive offerings.
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