Passave, Inc., a fabless semiconductor company, engages in the design, development, and supply of system-on-a-chip (SOC) solutions for fiber to the home (FTTH) applications to the broadband access communications markets primarily in the United States, Israel, and Japan. Its products provide the functionality for networking equipment that enables service providers to offer voice, video, and high-speed Internet access services over passive optical networks. The company’s products primarily include PAS5001, a gigabit Ethernet chip for use in an Ethernet passive optical network (EPON) optical line terminal device in central office optical network equipment; PAS6201, a gigabit Ethernet optical network unit system on a chip for use in an EPON; and PAS6001, a gigabit Ethernet chip for use in a gigabit EPON optical network unit. In addition, it provides reference designs, including hardware and embedded software. The company sells its products primarily to networking original equipment manufacturers developing FTTH systems based on the IEEE802.3ah Ethernet in the first mile standard for EPONs through a combination of direct sales force and third-party sales representatives. Passave was co-founded by Victor Vaisleib and Ariel Maislos in 2001. The company is based in Santa Clara, California. As of May 4, 2006, Passavé Inc. is a subsidiary of PMC-Sierra Inc.