Pros
TLSI is a leading fabless semiconductor company that operates as a subsidiary of a larger parent company, Telephonics Corp., which in-turn is part of Griffon, a $1.8 billion NYSE company (GFF). This structure provides TLSI with the resources and investment funding for continued growth. TLSI has been in business for 35 years and serves the professional long-term automotive, industrial and mil/aero markets. TLSI has very experienced chip desginers that have a special mixed-signal design capability which is highly valued in the marketplace. As such TLSI serves a number of tier-one customers in their chosen markets.
Cons
TLSI operates under the constrantis, policies and procedure of it's parent company Telephonics Corp., which is a systems-level equipment company that serves governent agencies such as the Department of Defense and the Federal Aviation Administration. By it's very nature, the strict policies of Telephonics imped TLSI's ability in serving the needs of the semiconductor market in a timely way. It also impedes the degree of entrepreneurship required to excel in the semiconductor industry.