Peraso, together with its subsidiaries is a fabless semiconductor company focused on the development and sale of integrated circuits (ICs), for the cloud networking, communications, security appliance, video, monitor and test, data center and computing markets. Co.'s IC products consist of: Accelerator Engines, which include the Bandwidth Engine, which is targeted for applications where throughput is critical; and the Programmable HyperSpeed Engine, which combines the features of the Bandwidth Engine with 32 reduced instruction set computer processors to allow user-defined functions or algorithms to be embedded in the Programmable HyperSpeed Engine.