SAN FRANCISCO Fabless semiconductor company Ambric Inc. on Wednesday (May 4) named former Intel Corp. Vice President Howard Bubb chairman and CEO.
EE Times reported last month that Bubb was leaving Intel to join a startup.
Bubb joined Intel in 1999 and became vice president and general manager of the company's communications infrastructure group. Bubb had been president and CEO of Dialogic Corp., a computer telephony hardware and software provider that Intel acquired in 1999 for $780 million.
Bubb has also held management positions at Lexar's Telenova subsidiary, United Technologies, Memorex and Telex. He holds a bachelor's degree in electrical engineering from California Institute of Technology.
Ambric (Beaverton, Ore.), which announced $10.4 million in Series A funding last September, is developing a new type of programmable IC platform that will help electronics companies accelerate time to market and reduce system development costs, but has not disclosed details.
An announcement on Ambric's Web site said the company is currently in "quiet mode," and would provide more information about its business and products at a later time.
"There just aren't very many early stage startups that have such a clearly unique and sustainable technology advantage with this level of upside," Bubb said in a statement issued by Ambric. "There's nothing quite as exciting as a start-up that's hitting on all cylinders."