New Structure Enhances Capability to Deliver More Integrated Products to Serve Fast Growing Demand for Mixed Signal and Optical Technology
BURLINGTON, Ontario – January 6, 2011 – Gennum Corporation (TSX: GND), a leading supplier of high-speed optical, analog and mixed signal semiconductor solutions, announced today it has realigned its organization to further capitalize on the growing demand for its signal integrity products. Gennum is combining its optical and analog and mixed signal product groups. The consolidated product group will be responsible for the development, marketing and support of the Company's entire product portfolio.
This organizational alignment enables the Company to deploy its resources and talent to support the increased demand to have more integrated optical and mixed signal features in its products. Additionally, the simplification of Gennum's new product group structure allows the Company to capitalize on and support the ramping volume production of its 3Gb/s, 10Gb/s, 40Gb/s and 100Gb/s products.
"Through the execution of our strategy, we have created a significant number of growth opportunities for our high-speed signal integrity products for the video broadcast, data communication and consumer markets," said Dr. Franz Fink, President and CEO of Gennum. "As a result, more of our products are moving into higher volume shipments requiring us to align our organization to support the increasing demand. Additionally, our products are becoming highly integrated with more optical and mixed signal features and functionality. This drives our ability to be leaders in providing some of the most unique and compelling solutions in the industry. By combining our optical, analog and mixed-signal product groups, we can leverage our rich technology base to deliver more integrated products enabling our market success today and tomorrow."
Mixed Signal and Optical Products Group
The Mixed Signal and Optical products group will be led by Gary Beauchamp. Mr. Beauchamp joined Gennum in 2000 and has held various leadership positions in managing the Company's data communications product development, project management and business development activities. Mr. Beauchamp founded Gennum's data communications product business in 2001, which now represents a significant portion of company product sales. Most recently, Mr. Beauchamp was the Senior Vice President and General Manager for Gennum's Optical products group.
Dr. Martin Rofheart, Senior Vice President and General Manager of the Analog and Mixed Signal product group, is departing Gennum to pursue other opportunities. Dr. Rofheart came to Gennum in 2006 and was an integral driver in defining and executing the Company's efforts to refocus its strategy and product portfolio to become a premier analog and mixed-signal semiconductor company.
"I would like to thank Martin for his significant contributions to Gennum over the past four years in helping the Company reposition its strategy and enabling the wealth of growth opportunities we have today," said Dr. Fink. "As our company continues to evolve, Gary brings tremendous operational experience and product management expertise enabling us to further capitalize on providing higher volume, more integrated products to our customers around the world."
Gennum Corporation (TSX: GND) designs innovative semiconductor solutions and intellectual property (IP) cores to serve the rising global demand for high-speed data transmission products in the broadcast, networking, storage and telecommunications markets. Gennum offers proven optical, analog and mixed-signal solutions with uncompromising signal integrity to support standards such as high-definition (HD) video, Fibre Channel, InfiniBand®, Ethernet, SONET and PCI Express®. The company is headquartered in Burlington, Canada, and has global design, research and development and sales offices in Canada, Mexico, Japan, Taiwan, Germany, United States, India and the United Kingdom.