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Product category: Intellectual Property Cores
News Release from: Virage Logic
Edited by the Electronicstalk Editorial Team on 02 February 2004

Seifert takes charge of finance

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Virage Logic has appointed Mike Seifert to the post of Chief Financial Officer (CFO).

Virage Logic has appointed Mike Seifert to the post of Chief Financial Officer (CFO) Responsible for all financial, administrative and operational aspects of the company, Seifert will report directly to Adam Kablanian, Virage Logic's President and CEO

Seifert will join Virage Logic on 9th February 2004, from Southwall Technologies, a manufacturer of thin-film coatings for electronic, automotive and architectural applications, where he currently serves as CFO and Corporate Secretary.

Previously, Seifert held CFO and senior finance positions at several other Bay Area technology companies, including Internet infrastructure and managed services provider SiteSmith, enterprise software developer SmartDB Corp, Wayfarer Communications and PMC-Sierra..

Seifert also previously served as a Principal and Senior Manager at Ernst and Young.

"With improving industry trends and the growing adoption of our semiconductor IP platform offering, Virage Logic is at an inflection point and well positioned for its next growth phase.

At this important juncture, a seasoned CFO such as Mike will be a tremendous asset", said Adam Kablanian, President and CEO, Virage Logic.

"His experience spans virtually all aspects of corporate finance from companies much smaller to several times larger than Virage Logic and he will be a strong addition to our management team".

"Virage Logic has all the essential ingredients necessary for success: innovative and proven technology, a loyal and growing global customer base and strong partnerships with industry leading foundries, IP developers and EDA companies", said Seifert.

"I look forward to working with Virage Logic's exceptionally talented management team to help take the company to its next phase of growth".

Seifert is a magna cum laude graduate of Santa Clara University with a Bachelor of Science degree in commerce, with a major in accounting.

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