Will Help Drive the Next Phase of Business and Financial
Growth for the FPGA and eFPGA Pure Play Leader
SANTA
CLARA, Calif. , Oct. 12,
2022 /PRNewswire/ -- Achronix Semiconductor
Corporation, a leader in high-performance FPGAs and eFPGA IP,
announced it has named semiconductor industry veteran, Mahesh Karanth, as its chief financial officer.
Karanth will take over for Howard
Brodsky, who is retiring after 16 years at Achronix.
Karanth comes to Achronix with more than 30 years of financial
experience at multi-national public and private companies. Most
recently, Karanth served as CFO of Rockley Photonics, which he took
public last year. Karanth has a proven track record of financial
leadership with considerable experience in initial public
offerings, mergers and acquisitions, financial transactions,
investor relations, compliance and business planning. Karanth has
also held senior leadership positions at Enlightened, InvenSense,
Telsima, Hewlett Packard and Ernst & Young.
"Mahesh is a proven operational executive with an impressive
track record of delivering strong results across multiple financial
disciplines and industries," said Robert
Blake, President and CEO of Achronix. "Mahesh's success and
financial expertise as a CFO, especially at the critical IPO stage,
combined with his outstanding leadership qualities are invaluable
additions to the Achronix team as we position the company for our
next phase of growth."
Reporting directly to Blake, Karanth's role at Achronix will
include oversight of business operations as he will lead the
finance, human resources, facilities and information services
teams.
"As semiconductor companies seek new ways to differentiate their
products, Achronix has uniquely positioned itself as the only
independent supplier of high-end FPGA and eFPGA IP solutions
designed to address a wide variety of data acceleration
applications," Karanth said. "Achronix has achieved exceptional
growth, with expanding opportunities for further growth ahead. I
look forward to being part of the leadership team that is primed to
lead Achronix through this exciting next phase and beyond."
About Achronix Semiconductor
Corporation
Achronix Semiconductor Corporation is a fabless semiconductor
corporation based in Santa Clara,
California, offering high-end FPGA-based data acceleration
solutions, designed to address high-performance, compute-intensive
and real-time processing applications. Achronix is the only
supplier to have both high-performance, high-density standalone
FPGAs and licensed eFPGA IP solutions. Achronix
Speedster®7t FPGA and Speedcore™ eFPGA IP
offerings are further enhanced by ready-to-use
VectorPath® accelerator cards targeting AI, machine
learning, networking and data center applications. All Achronix
products are fully supported by the Achronix Tool Suite which
enables customers to quickly develop their own custom
applications.
Achronix has a global footprint, with sales and design teams
across the U.S., Europe and
Asia. For more information, please
visit www.achronix.com.
Follow Achronix
Website: www.achronix.com
The Achronix Blog: https://www.achronix.com/blogs/
Twitter: https://twitter.com/Achronixcorp
LinkedIn:
https://www.linkedin.com/company/achronix-semiconductor
YouTube: https://www.youtube.com/user/AchronixCorp
Contact
Bob Siller
Achronix Semiconductor Corporation
408-889-4142
bobsiller@achronix.com
Achronix, Speedster and VectorPath are registered trademarks,
and Speedcore and Speedchip are trademarks of Achronix
Semiconductor Corporation. All other trademarks are the property of
their prospective owners.
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SOURCE Achronix