Allegro Microsystems Inc (ALGM)

Allegro MicroSystems, Inc. is a common stock listed on NASDAQ under the ticker ALGM. The company and its subsidiaries design, develop, manufacture, and market sensor integrated circuits and application-specific power integrated circuits used in motion control and energy-efficient systems. Its portfolio includes magnetic sensor ICs for position, speed, and current sensing, as well as power ICs such as motor driver ICs, regulators, power management ICs, LED driver ICs, and isolated gate drivers. Allegro serves original equipment manufacturers and distributors, with sales focused primarily on the automotive and industrial markets. The company uses a combination of direct sales, third-party distributors, independent sales representatives, and consignment arrangements, and it has operations across the United States, the rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. Founded in 1990, the company is headquartered in Manchester, New Hampshire.

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