There are three things that never fail to make executives complain in Silicon Valley: commuting, the state of public school system, and Sarbanes-Oxley.
It's time to scratch that last one off the list, said Brian Halla, CEO of National Semiconductor. The first year of complying with the bill was difficult--National spent $7 million and consumed 68,000 hours in work complying with it.
Four years later, compliance only takes about a quarter of the effort. "It was only 25 percent of the slog this year for us," he said.
John Daane, CEO of Altera, concurred. "I don't see it as a significant problem that is hampering our industry," he said.
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