Product category: Design Services
News Release from: Accent
Edited by the Electronicstalk Editorial Team on 11 October 2006
Board boasts international big guns
Accent has announced the composition of its new Board of Directors which includes members with broad industry, technical and international experience
Following the recent Eur 10.6 million venture funding led by Sofinnova Partners, Accent has announced the composition of its new Board of Directors which includes members with broad industry, technical and international experience. Accent's new Chairman of the Board and an independent Board member is Piero Martinotti, who also serves on the boards of three other technology companies in Europe and the USA.
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Until 2003 Martinotti was Vice President of STMicroelectronics responsible for its New Ventures Group which was created to identify, evaluate and incubate opportunities for new business development.
Professor Alberto Sangiovanni-Vincentelli, the Edgar L and Harold H Buttner Chair of Electrical Engineering at UC Berkeley in the USA and an original founder of Accent as well as a cofounder of the two primary EDA companies, Cadence Design Systems and Synopsys, has also joined the board in an independent capacity.
Accent's CEO, Massimo Vanzi, has also been appointed to the Board of Directors and, at the same time, the company has revealed that Pasquale Pistorio, the former President and CEO of STMicroelectronics, has joined the board to represent the interests of a group of angel investors.
As a highly successful champion of the European microelectronics industry, Pistorio brings a wealth of expertise, knowledge and contacts to Accent.
In addition to his involvement with Accent, Pistorio holds major board assignments in Europe and Far East.
Further reading
Sofinnova steps in to fund design services growth
Sofinnova Partners has led a Eur 10.6 million financing in Accent, following STMicroelectronics' decision to divest its majority shareholding to focus its attention on its core businesses and markets
Accent names Jaleco as Nordic partner
Accent has announced the expansion of its 'Highway to Silicon' programme with the appointment of Jaleco Nordic as its new business development partner for the Nordic region
Low-power design successfully validated
Accent has successfully validated a low-power design flow using the Cadence Encounter digital IC design platform and ARM Artisan physical IP
Completing the new Board of Directors are representatives from Accent's three major shareholders: Jean Schmitt, a Managing Partner of Sofinnova Partners; Marco Vismara, CEO of Cape Natexis; and RL Smith McKeithen, Senior Vice President of Cadence Design Systems.
In announcing the composition of its new Board of Directors, Accent has also announced that the focus of its future strategic direction will be the realisation of microelectronics-based products for its customers.
'This market is about more than design services suppliers'.
'It is about product realisation solutions and partners', said Massimo Vanzi, CEO of Accent.
'Clients don't want to just outsource their design work, they want an innovative and credible partner who can provide a complete solution to realise their product concepts and bring them to volume production'.
'Our product realisation solutions have been devised to fulfil this role for nonelectronics as well as electronics companies both large and small'.
Accent will draw on the new board's depth of experience and expertise to help meet its global expansion goals.
Later this year Accent will enter the North American market with a direct presence and also has advanced plans for a local presence in the Asian market where many of its fabrication partners reside.
With a customer base that already includes several of the world's major IDM semiconductor companies and a considerable number of the highly innovative, electronics industry startups, in targeting the global product design and realisation market Accent expects to attract business from a broader range of electronic companies at the chipless IP, fabless semiconductor and system level, as well as nonelectronics companies that need access to electronics expertise in order to further innovate their products.
In this respect, Accent has invested heavily in its own ARM licence for the ARM7TDMI, the ARM 926EJ-S and the ARM1136J-S processors and a variety of platform-based product realisation solutions based on ARM technology, sensor and RF technology among others to provide a complete, turnkey service that covers the entire electronics supply chain from architectural definition through to the delivery of finished products.
Accent will also draw on the new board's expertise to help successfully develop additional technologically innovative solutions to expedite the product realisation process.
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