MOUNTAIN VIEW, Calif., July 13, 2000
-- Billions of Operations Per Second, Inc. (BOPS®), a leading programmable DSP core provider today announced that John W. Marren, a leading technology investor has joined the BOPS Board of Directors. BOPS develops and licenses high-performance programmable DSP cores as well as providing top tier OEMs with hardware, software tools and engineering support to quickly and efficiently design Internet, multimedia and communications products using the BOPS ManArrayTM
DSP core family.
"John Marren is very experienced with our company and the semiconductor and intellectual property business, and we welcome him to our Board," noted, Carl Schlachte, BOPS CEO and Chairman of the Board.
"Having been intimately involved in leading the IPOs for both ARM and Rambus, I quickly learned that IP is the primary value driver in the semiconductor industry," remarked Marren. "The IP business model is extremely powerful, but it only works when you have very large markets and unique, defensible technology. BOPS is a pioneer in the DSP IP market and has the technology and the team to become the next star player in the semiconductor IP space."
John W. Marren joins other BOPS Board members that also include Matt Ocko, partner of Vantage Point Venture Partners; Peter Mehring, VP of Engineering, Echelon; Federico Faggin, Co-Founder and Chairman of the Board, Synaptics, Inc.; Robert Chao of Everest Venture Partners representing the UMAX Group; and Mark Bowles, BOPS President and COO.
About John Marren
Marren recently joined Texas Pacific Group (TPG), a private equity firm in San Francisco as a partner and currently leads TPG's technology team. Mr. Marren also is a board member of technology companies such as Globespan, Zhone and Zilog, and is a member of the advisory board for the Intel 64 Venture Fund. From 1996 through 2000, he was a Managing Director at Morgan Stanley Dean Witter (San Francisco. Calif.), most recently as co-head of the Technology Investment Banking Group. Prior to Morgan Stanley, Marren was a Managing Director and Senior Semiconductor Research Analyst at Alex Brown & Sons. Mr. Marren spent eight years in the semiconductor industry working for VLSI Technology and Vitesse Semiconductor.
Marren received his B.S. in Electrical Engineering from the University of California (Santa Barbara, Calif.).
Billions of Operations Per Second, Inc. (BOPS) is a Mountain View, Calif.-based company that develops and licenses the highest-performance programmable DSP core family, the ManArrayTM family, as well as advanced development tools for high-volume, system on a chip (SoC) solutions for the Internet, multimedia and wireless communications markets. The BOPS ManArray DSP product family is targeted to accelerate SoC manufacturers? time from product concept to high-volume shipments by providing the highest-performance, scaleable and reusable DSP cores and an advanced set of software tool technologies
BOPS: Billions of Operations Per Second
DSP: Digital Signal Processor
IP: Intellectual Property