SAN JOSE -- Altera Corp. here today named John Daane, the former communications chip chief at LSI Logic Corp., as its new president and chief executive.
Daane replaces Rodney Smith, who announced his intention to retire late last year. Smith, who will remain chairman of Altera, said the San Jose-based supplier of programmable logic devices will not change its focus as a result of the management changes.
"John's in-depth knowledge of the semiconductor industry, and the ASIC market in particular, will be invaluable in leading Altera's growth as we focus on system-on-a programmable-chip solutions for the communications market," Smith said.
A 15-year veteran of LSI Logic, Daane resigned from the ASIC giant last week (see Nov. 21 story). At that time, LSI Logic officials declined to comment on Daane's new position.
Most recently, Daane was executive vice president of the Communications Products Group at LSI Logic, where he was responsible for the company's communications chip lines. Additionally Daane was responsible for LSI Logic's design services, intellectual property development and methodology, as well as a number of corporate and customer support functions.