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Product category: Microprocessors, Microcontrollers and DSPs
News Release from: Anchor Bay Technologies
Edited by the Electronicstalk Editorial Team on 18 August 2006

Soderquist takes control

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Craig Soderquist has joined Anchor Bay Technologies as Chief Executive Officer.

Craig Soderquist has joined Anchor Bay Technologies as Chief Executive Officer Soderquist succeeds Doug Fealtman, who remains with Anchor Bay as VP/GM of DVDO Systems

In his new role, Soderquist is charged with accelerating the tremendous growth of Anchor Bay as it continues to gain momentum in the rapidly growing video processing segments of the consumer electronics and semiconductor industries.

Craig comes to Anchor Bay from Core Networks, where he was CEO of this privately held company supplying call centre management software to the cable and telecommunications markets.

He guided the company to a successful sale to Support Soft in 2004.

As CEO, he successfully led the strategic and financial development and product direction for Core Networks before the company was sold.

Prior to Core Networks Soderquist served as President and CEO of Com21 - a public company that designs and manufactures cable modems and other broadband internet access equipment for cable television operators and service providers.

He successfully led that company in a financial and strategic turnaround.

"Craig is a seasoned executive with a wealth of experience growing companies in the professional and consumer video marketplaces".

"He has an impressive history in driving outstanding operating performance, delivering world-class products, and leading global business initiatives that will translate into significant growth for Anchor Bay", stated Anchor Bay's newly named VP/GM of DVDO Systems, Doug Fealtman.

"Craig has the vision to bridge DVDO and Anchor Bay to maximise their success in the highly competitive digital television and video processing marketplace".

"I'm very excited to work with the excellent team here at Anchor Bay Technologies", stated Soderquist.

"Having examined the track record of the management team and the tremendous portfolio of technologies targeting the rapidly growing digital television marketplace, it is apparent that this company has the potential for tremendous market growth".

"I look forward to leading the charge in continuing to build an industry leading video processing company".

Soderquist holds a BSEE degree from South Dakota School of Mines and Technology and a Masters degree in telecommunication business management from the University of colourado.

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