Tech Track 100

After a career with Texas Instruments, Acorn and Atari, Martyn Gilbert started his own network equipment and consulting company in 1991. He developed an idea to improve the flexibility of electronic products and reduce their cost. In 1997 Gilbert founded Amino to put his idea into practice. His data transfer technology is now used in microchips and electronic devices, particularly those found in the home, such as set-top boxes and internet access systems.

The bulk of Amino’s intellectual property is contained in IntAct, a_x000D_
hardware and software system protected by 12 patents. It allows components within a device to speak directly to one another, irrespective of whether they are circuit boards, microchips or cells within a chip. In doing so it speeds up chip performance and frees up memory. This sounds simple. But according to Bob Giddy, chief executive, a typical reaction is, “If it is so simple, why hasn’t anyone thought of it earlier?”

Amino, based near Cambridge, has received £8m in funding from business angels and venture-capital investors. Sales grew 298% a year from £130,000 in 1999 to £2.1m in 2001, when the company reported significant losses.

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Company details
ActivityElectronic systems designer
Average 3 year sales growth298.39%
Latest sales £000s2,071

If applicable:

* supplied by company † annualised figure