How it started
History
The company was founded in 1991 by Ken Lee, Greg Werth, Imran Chaudhri, Jerry Tall, and Chi Wai. The name used was the acronym IgT because IGT was already in use by International Game Technology (IGT). The acronym ITT also could not be used given the historic firm ITT in the telecom industry. IgT did own the domain name igt.com, which was subsequently sold to IGT.
Early products
IgT's first product was a B8ZS framer device for the T1 market. IgT also introduced an OC-3 ATM framer device that was competitive in the marketplace. This device was designed by Imran Chaudhri who was a central figure in many of IgT's developments.
Samsung relationship - 1994
In January 1994, IgT engaged with the Telecom division of Samsung in Korea to build an ATM Switch chip set for use in the StarRacer system. This chip set was developed under contract with Network Synthesis, Inc. known as "NSI", a small chip design firm. This led to the investment and eventual majority ownership of IgT by Samsung.
From Wikipedia’s article on Integrated Telecom Technology, shared under CC BY-SA 4.0.2