BridgeCo Selects Veteran Tech Executive as CEO; Angelo Ugge, ex ST Microelectronics joins Wired & Wireless Home Innovator.Business Editors/High-Tech Writers ZURICH, Switzerland--(BUSINESS WIRE)--April 15, 2004 BridgeCo (www.bridgeco.net), one of the leading providers of wired and wireless home networking solutions, has appointed veteran technology industry executive Angelo Ugge as the company's new 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. . Angelo Ugge brings more than two decades of leadership experience to BridgeCo. Prior to joining BridgeCo, he held a series of executive positions with global semiconductor vendor ST Microelectronics, where Angelo was Vice President and General Manager of ST Microelectronics' Telecom, Peripherals, Audio and Automotive (TPA-America) Group in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . As Vice President and General Manager at ST Microelectronics, Angelo Ugge led a team of more than 240 professionals and directed the marketing, sales support, planning, financial controls, product design, product engineering, test engineering and quality functions. A native of Milan, Italy, Anglo has a Doctorate degree in Physics (summa cum laude sum·ma cum lau·de adv. & adj. With the greatest honor. Used to express the highest academic distinction: graduated summa cum laude; a summa cum laude graduate. ) from the University of Milan The university is a member of the League of European Research Universities. Throughout Milan, the University is normally known as Statale to avoid confusion with other academic institutions in the city. . He spent more than 20 years in the USA. "The convergence of Internet content, wireless networking and consumer applications is driving an exciting growth wave in the consumer electronics industry," said Angelo Ugge, BridgeCo's newly appointed CEO. "BridgeCo's innovative solution delivers web content anywhere, anytime within the 21st century home. I am delighted to have the opportunity to lead BridgeCo as it continues its market expansion and revenue growth." "There is no doubt that BridgeCo will benefit from both Angelo Ugge's considerable general management experience as well as his technology background, as the company transitions from technology innovator to mainstream market leader," explained BridgeCo board member George Coelho, General Partner of BridgeCo investor Benchmark Capital. Christof Heidelberger, BridgeCo founder and previous CEO will become the company's CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. , and will continue to be responsible for driving the product and technology evolution of the company in close contact with the company's customers and partners. About BridgeCo BridgeCo is the pioneer of digital entertainment networking applications. Its Entertainment Network Adapters (ENAs) provide consumers with 'more media, less wire, and no hassle' access to rich analog, digital, and Internet media sources. The applications cover a wide product range including wireless audio adapters, audio/video receivers, DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. players/recorders, DTV/displays, multimedia loudspeakers, and music instruments. Underlying these are BridgeCo's proprietary, integrated semiconductor and software technologies that network PCs to CE devices, via widely-used standards and compliances (e.g. IEEE (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 802.11b, IEEE 1394, UPnP, WiFi, and DHWG DHWG Digital Home Working Group ) for network and signal processing. BridgeCo is an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001-certified company based in Zurich, Switzerland. Its key investors include Benchmark Capital, Earlybird, Infineon Ventures, and Intel Capital. For details, visit www.bridgeco.net |
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