VeriSilicon Appoints Robert A. Brown as Chief Financial Officer
April 29 2015 - 8:00PM
Business Wire
VeriSilicon Holdings Co., Ltd. (VeriSilicon), a Silicon Platform
as a Service (SiPaaSTM) company, today announced the appointment of
Robert (Bob) Brown as Chief Financial Officer. Brown replaces
Shannon Gao, who has resigned for personal reasons.
“We are pleased to have Bob Brown join VeriSilicon as he brings
over 25 years of broad-based financial experience to our
organization. His many years at LSI Corporation have enabled him to
become intimately familiar with VeriSilicon and our business, since
he played a key role in our acquisition of the ZSP product line
from LSI in 2006. Bob’s depth of experience will be a strong
benefit to VeriSilicon as we move forward with our strategic growth
plans and our goal to become a public company in US,” said Dr.
Wayne Dai, Founder, President and CEO of VeriSilicon.
Mr. Brown joins VeriSilicon after serving most recently as Vice
President, Business Development at Cadence Design Systems, Inc.,
where he led the company’s mergers and acquisitions and strategic
investment activities. Prior to that Mr. Brown served as Vice
President and Treasurer at LSI Corporation, formerly LSI Logic. He
was with the company for 13 years and responsible for LSI’s
Treasury, Tax and Corporate Development functions. Earlier in his
career, he served as Vice President, Financial Planning and
Treasurer of internet travel start-up, GetThere, which had a
successful IPO on NASDAQ in 1999 and was later acquired by Sabre.
Mr. Brown held various financial positions at Hewlett-Packard after
starting his career in corporate banking for Security Pacific
National Bank (now Bank of America). Over the course of his career,
he has played a key role in M&A transactions and financings
valued at over $20 billion, including the sale of LSI to Avago
Technologies for $6.6 billion in May 2014. He received his Bachelor
of Science degree from Miami University and Master of Business
Administration from the University of Michigan.
About VeriSilicon
VeriSilicon Holdings Co., Ltd. is
a Silicon Platform as a Service (SiPaaSTM) company
that provides IP-centric, platform based custom silicon solutions
and end-to-end semiconductor turnkey services for a wide range of
applications across a wide variety of end markets including mobile
internet devices, datacenters, the Internet of Things (IoT),
wearable electronics, smart homes, and automotive.
VeriSilicon’s silicon platforms include licensable ZSP® (digital
signal processor) based HD audio, HD voice, multi-band and
multi-mode wireless platforms, Hantro HD video platforms, mixed
signal NUI (natural user interface) platforms for voice, motion and
touch interface. VeriSilicon’s custom silicon turnkey service
encompasses design service that combines its technology solutions
and value-added mixed signal IP portfolio targeted for a wide range
of process technology nodes, including advanced nodes like 28nm,
FD-SOI, FinFET and provide product engineering service for System
on a Chip (SoC) as well as System in a Package (SiP).
VeriSilicon’s SiPaaS solutions shorten design cycle, enhance
quality, and reduce risk. The breadth and flexibility of our SiPaaS
solutions make it an attractive alternative for a variety of
customer types, including both emerging and established
semiconductor companies, Original Equipment Manufacturers (OEMs),
Original Design Manufacturers (ODMs), and large Internet platform
companies.
Founded in 2001 and head-quartered in Shanghai, China,
VeriSilicon has over 500 employees with six R&D centers (China,
US and Finland) and nine sales offices worldwide.
VeriSilicon Investor Relations:Shelton GroupMatt Kreps,
214-272-0073Managing Directormkreps@sheltongroup.com