High Quality Content by WIKIPEDIA articles! MathStar was an American, fabless semiconductor company based in Oregon. Founded in Minnesota in 1999, the company moved to the Portland metropolitan area where it remained until it completed a reverse merger with Sajan, Inc. in 2010. MathStar never made a profit after raising $137 million over the lifetime of the company, including via several stock offerings while the company was publicly traded on the NASDAQ market. The company’s only product was a field programmable object array (FPOA) chip.