LONDON Cavendish Kinetics NV, a Dutch startup planning to offer CMOS-compatible embedded non-volatile memory using MEMS technology, has made two appointments intended to help the company pursue the next phase of its business.
The two appointments are Don Pinchetti as Director of Process Engineering based in Hertogenbosch, The Netherlands and Paul Billig as its Vice President of Marketing, based in Newark, California.
Pinchetti has held senior management roles at Leica Microsystems, Altis Semiconductor, and at IBM, where he managed its photolithography and metrology development. Billig has sales and marketing experience in the semiconductor, IP and EDA industries and has spent time at FormFactor, Silicon Integration Initiative, Compass Design Automation and VLSI Technology.
“I know Don, and the knowledge he brings will make a significant difference to the overall quality of our developments. From the marketing side, Cavendish sells non-volatile memory IP and Paul's knowledge of the IP market and his experience in solving the marketing challenges we face will be a great advantage as we move forward,” said Mike Beunder, chief executive officer of Cavendish Kinetics, in a statement.
Cavendish Kinetics was seeking about $10 million in second round venture funding, according to a report in June 2005. There has been no disclosure of further investment in Cavendish but the company was nominated as a candidate to receive the 2005 IST prize from the European Commission.