ARC Announces Strategic Organizational Changes: Appoints Meyer to COO, Establishes "Office of the CTO".ELSTREE, England -- ARC International This article is about the publicly traded processor company. For the privately held French housewares company of the same name, see ARC International (household). (LSE LSE - Language Sensitive Editor :ARK) today announced a series of organizational changes that reflect the company's rapid growth and evolution as the premier provider of media subsystems and configurable cores for high-growth embedded markets. ARC International also announced today the acquisition of Teja Technologies, Inc, the industry's leader in heterogeneous multi-processor software solutions. See related news release dated April 2, 2007 for more details. Derek Meyer has been appointed to Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Formerly Senior Vice President of Sales and Marketing, Meyer's new role expands to include worldwide engineering activities as well as ARC's technology initiatives. Executives reporting to Meyer include Paul Holt, who assumes the newly created role of Vice President of Product Development and Services, and David Doyle who will take the role of Vice President of Worldwide Field Operations. ARC also has created an "Office of the CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. " (Chief Technology Officer) that includes: * Dr. Akash Deshpande, the CTO and founder of Teja Technologies and a former professor at the University of California, Berkeley The University of California, Berkeley is a public research university located in Berkeley, California, United States. Commonly referred to as UC Berkeley, Berkeley and Cal , * Dr. Tom Pennello, the CTO and co-founder MetaWare, ARC's technical director of software technology, and a former professor at the University of California, Santa Cruz The University of California, Santa Cruz, also known as UC Santa Cruz or UCSC, is a public, collegiate university, one of the ten campuses of the University of California. , * Dr. Nigel Topham, ARC's chief architect, and the chair of Computer Systems and director of the Institute for Computing Systems Architecture at the University of Edinburgh (body, education) University of Edinburgh - A university in the centre of Scotland's capital. The University of Edinburgh has been promoting and setting standards in education for over 400 years. . Dr. Deshpande, Dr. Pennello, and Dr. Topham report to Meyer. The group's charter is to advance ARC's technology leadership and innovation in the areas of configurability, multicore architecture and software platforms. Commenting on the new organization, Carl Schlachte, ARC's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said, "Fundamental to achieving continued growth in ARC's lines of business is a comprehensive focus on customer service, technology and product development, and quality. These changes reflect management's ongoing efforts to achieve these goals as well as recognize the significant accomplishments of key members of ARC's senior leadership team. In particular, Derek's appointment to COO is recognition of the instrumental role he played in helping craft and execute our current strategy that has revitalized and enhanced ARC's presence worldwide, and achieved record high revenues in 2006. Also, I am pleased to welcome Akash to ARC and to the newly formed Office of the CTO. Akash, Tom, Nigel and their colleagues will play important roles in building ARC's technical leadership throughout the worldwide semiconductor industry." About ARC International plc ARC International is the world leader in configurable subsystems and CPU/DSP processors that are used by semiconductor companies worldwide to create system-on-chip (SoC) designs that provide a strategic competitive advantage. ARC's patented configurable products are smaller, consume less power, are less expensive to manufacture, and provide a higher degree of differentiation over what can be created using "fixed architecture" core alternatives. ARC International maintains a worldwide presence with corporate and research and development offices in California and Elstree, UK. For more information visit www.ARC.com. ARC International is listed on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. as ARC International plc (LSE:ARK). ARC and the ARC logo are trademarks or registered trademarks of ARC International. All other brands or product names contained herein are the property of their respective owners. This press release may contain certain "forward-looking statements" that involve risks and uncertainties, including the development, implementation, and release of features described herein. These are at the sole discretion of ARC International. Licenses from 3rd parties for certain software and essential patents may be required depending on licensee's use/implementation. For other factors that could cause actual results to differ, visit the company's Website as well as the listing particulars filed with the United Kingdom Listing Authority and the Registrar of Companies The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. in England and Wales England and Wales are both constituent countries of the United Kingdom, that together share a single legal system: English law. Legislatively, England and Wales are treated as a single unit (see State (law)) for the conflict of laws. . |
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