Tundra's products enabled board design and layout, with specific focus on system level signal integrity.

In 2004, Tundra joined with IBM and others to form Power.org, an organization devoted to drive development and adaptation of Power ISA computers.

The company originally planned to design and produce gate array integrated circuits, or chips, for Canadian and U.S. customers.

In order to increase sales and grow the business, John Roberts looked for a CEO with experience in the U.S. semiconductor market.

Adam Chowaniec, who had left Commodore International's Semiconductor division was brought on board as President, while John Roberts became the Executive VP of R&D.

[5] At the time of the Tundra spun out the company raised $10 Million (CDN) [6] in third-party investment from Venture Capital Funds and Mutual funds,[7] Terry Matthews also made a personal investment and Newbridge retained a 38% ownership in the new entity[6] meaning Tundra Semiconductor became a member of the Newbridge affiliate program.

[16] By early 1995 Newbridge Microsystems had announced a strategic relationship with Motorola Inc. for the development of a PCI to 68K bridge product family.

The purchase brought with it revenue of $2 to $3 million and all of the inventory, machinery, customer lists and unfilled orders for Siltronics's bipolar integrated circuit product line.

Newbridge Networks, a Calmos customer and founded by Welsh entrepreneur Terry Matthews, who had also attended university with founder John Roberts, acquired the company.

"[15] Tundra acquired a South Portland, Maine-based chip developer for $45 million (U.S.) 90 per cent in stock and the balance in cash.

[30] The company also announced plans to move into a mixed-retail and office space campus in the Kanata Centrum Area[31] which never came to fruition.

At the time the company expected revenue growth to stay at 20 to 50% annually "for the next couple years", according to an interview with Adam Chowaniac.

[34] Tundra shares, buoyed by excellent third-quarter results in late February, hit an all-time intraday high of $78 on March 8, 2000.

[35] While the bulk of sales came from existing VME and QSpan products, the PowerSpan and the TSI 920 (A voice signals to digital messages converter), were expected to start contributing significant revenue number in the next fiscal year.