Atiq Raza was Hired as the CEO of NexGen in 1991, NexGen was later acquired by AMD in 1995. Raza was AMD's president and chief operating officer in the late 1990s after the NexGen acquisition. He left AMD in 1999 and founded Raza Microelectronics, Inc. in 2002. In 2003,
SandCraft Inc folded, and Raza acquired the rights to its intellectual property. Behrooz Abdi became president and CEO in November 2007, and Raza Microelectronics changed its name to RMI Corporation in December 2007. In January 2008 Raza settled with the U.S.
Securities and Exchange Commission over an allegation of insider trading during 2006. RMI was not affiliated with Foundries Holdings, LLC, formerly known as Raza Foundries, Inc. Most of RMI's revenue came from its multi-core processor product line, which had major customers from China including Huawei, ZTE, and H3C. The China business of RMI was built from scratch by its co-founder Sunny Siu. In 2008, RMI merged with
NetLogic Microsystems, which was acquired by
Broadcom in 2012. == Product lines ==