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/ Adam Richardson

Matrox sales of $550 million in 1998/99

The privately held Matrox group of companies. Of that total, Matrox Graphics accounts for US$473 million and Matrox Electronic Systems for US$77 million.

Matrox sales of $550 million in 1998/99 gets a June 1999 update. The privately held Matrox group of companies, which includes Matrox Electronic Systems and Matrox Graphics, today announced their 23rd consecutive year of profitability with joint sales totaling US$550 million for the 1998/99 fiscal year, ended March 31, 1999.

Of that total, Matrox Graphics accounts for US$473 million and Matrox Electronic Systems for US$77 million. Matrox Graphics, designer and manufacturer of graphics chips and boards, saw sales of chips increase to five million units and sales of graphics boards increase from six to 10 million-an overall increase of 40 per cent.