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Product category: Communications ICs (Wired)
News Release from: Coresonic
Edited by the Electronicstalk Editorial Team on 03 May 2007

Unger and Fanet add experience to board

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Industry-renowned entrepreneurs Tim Unger and Alain Fanet join the Coresonic board of directors.

Coresonic has added industry-renowned entrepreneurs Tim Unger and Alain Fanet to its board of directors Each brings strong records of successful experience in starting high-tech semiconductor businesses

"Coresonic is at the inflection point where the proven experience of Tim Unger and Alain Fanet will help guide the company to the next level".

"In combination with a network that spans the globe, Tim and Alain's presence will improve the attention of customers and partners worldwide".

"Alain has founded and grown several companies, both in France and in the USA, and Tim has an impressive track record of running successful technology businesses", says Christer Svensson, Coresonic Chairman and CEO.

"Coresonic has impressive technology and the market timing is nearly perfect to hit the window of opportunity for WiMAX multimode applications becoming mainstream in a couple of years".

"There is still work to be done, and Tim and I look forward to being helpful in ensuring the success of Coresonic", says Fanet.

Unger adds: "Coresonic's unique patented architecture and LeoCore technology is optimised for baseband".

"It blends the advantages of programmability and flexibility with the reality of achieving a smaller die sise and less power consumption than a fixed-function ASIC.

I believe this technology is critical for the reduction in power consumption and miniaturisation of equipment, and will speed the early certainty of the handheld digital video planet".

Tim Unger brings 20 years of executive management and operating experience in a wide variety of leading-edge technology markets.

Unger has successfully scaled a number of Silicon Valley startups while accelerating the launch of their dynamic businesses, ultimately leading to compelling liquidity events for company stakeholders.

Among Unger's most recent successes is Tropian, a fabless semiconductor startup that provided multimode radio solutions addressing cellular and emerging 3G standards and has been folded through acquisition into the Panasonic wireless family.

Unger currently serves on the board of Cydelity (just acquired by Digital Envoy) and advises 24Access and Skybox Security.

Unger was an entrepreneur-in-residence with marquee Menlo Park, California venture firm US Venture Partners, and also was Senior Vice President and Corporate Officer at San Jose-headquartered Cadence Design Systems.

Alain Fanet is Board Director and cofounder of Arteris.

Prior to Arteris, Fanet was Senior VP and General Manager of HSI Business Unit within Globespan, an ADSL semiconductor company.

During his time there he managed the development of a complex DSL network processor family.

Prior to Globespan, Fanet was President, COO and cofounder of T.sqware, a network processor company.

While growing the company and expanding the Engineering team from 17 to 75 engineers Fanet then merged T.sqware with Globespan in 2000.

Prior to founding T.sqware he was Director of the Network Division at Matra Semiconductor, a French subsidiary of the Temic group.

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