It achieved success with optical storage chips and its stock price increased substantially around the time of the tech bubble in 2000.

[2] Oak Technology helped develop the ATAPI standard and provided the oakcdrom.sys CD-ROM driver that was ubiquitous on DOS-based systems in the mid-1990s.

Oak Technology, Inc. was founded by semiconductor pioneer David Tsang in 1987 and was headquartered in Sunnyvale, California, United States with operations across the US and Asia Pacific.

During the late 1980s through the early 1990s, Oak was a supplier of PC graphics (SVGA) chipsets, CD-ROM controller chips and PCBs.

Oak regained a prominent position in optical storage chips as the market transitioned to recordable/rewritable technology, resulting in substantial revenue growth and stock price appreciation at the height of the tech bubble in 2000.

As a result, the chip did 24-bit floating point Z, sub-pixel anti-aliasing, order independent translucency, non-linear fogging and atmospheric effects and MIP-Mapping.

By 1994, it had sold millions of chip solutions for CD-ROM, CD-R/RW, DVD-ROM and DVD-ROM/CD-RW combo drives, primarily for the PC market.

In October 1994, Oak released the OTI-201, a new sound and video compression/decompression controller based on the new multimedia MPEG (Motion Pictures Expert Group) standard.

The OTI-201 was the industry’s first MPEG decoder designed specifically for multimedia PCS and enabled peripheral manufacturers to offer high-performance MPEG-format graphics and video on a single add-on expansion board.

With CD-ROM controllers expected to eventually become a cheap commodity product, CEO, Tsang viewed the OTI-201 as another way for Oak to expand its customer base and maintain its heady growth.

By January 1995 the company that Investor’s Business Daily had once described as a “behind the scenes supplier of minor computer parts” had evolved itself into the world’s leading producer of CD-ROM controller chips, which now generated the lion’s share of its annual revenues.