PARC names new CEO
1/12/2011 11:29 AM EST
SAN JOSE, Calif. - Steve Hoover has been named chief executive of the Palo Alto Research Center (PARC), a Xerox company.
Hoover’s appointment follows previous CEO Mark Bernstein’s retirement from PARC.
Hoover joins PARC from Xerox, where he was most recently vice president of the company’s software and electronics development group.
PARC is involved in several R&D projects. In September, PARC announced it was one of four project teams chosen by NSF to pursue ways to build a ''more trustworthy and robust Internet.'' The new “Future Internet Architecture” (FIA) program is focused on collaborative, long-range, transformative thinking about new comprehensive network architectures and concepts.
PARC – the sole commercial organization funded within the entire FIA program – will be collaborating with nine universities in a team led by UCLA for “Named-Data-Networking (NDN)” in a grant worth up to $8 million. PARC brings to the program its Content-Centric Networking (CCN) research which has already produced early protocol specifications and open source software.
In November, PARC and PowerCloud Systems Inc. announced the spinout of PowerCloud Systems, which has been incubated at PARC since early 2008 and is initially focusing on offering cloud-managed networking solutions for small and medium-sized businesses. Walden Venture Capital and Javelin Venture Partners are joining PARC as investors in the company.
Also in November, PARC and Soligie Inc. announced an agreement aimed at advancing the commercialization of printed electronics technologies and capabilities. In September, Thin Film Electronics ASA, a provider of advanced printed memory technology, and PARC announced that they are working together to provide next-generation memory technology enabled through printed electronics.