Business Realignment Includes Changes to Business Segment Reporting Structure and Appointment of New Senior VP; Mike O'Neill Appointed as Senior VP, Structured Digital Products.POCATELLO, Idaho Pocatello (IPA: [po kə tɛ lo]) is the county seat and largest city of Bannock CountyGR6 -- AMI Semiconductor AMI Semiconductor is a company engaged the design and manufacture of customer specific integrated circuit solutions, including solutions for the automotive, medical and industrial markets. Among its products are products that integrate processing of analog and digital signals. (Nasdaq:AMIS A·mis , Kingsley 1922-1995. British writer best known for his novels, including Lucky Jim (1954) and Jake's Thing (1978). ), a designer and manufacturer of state-of-the-art integrated mixed-signal and structured digital products for the automotive, medical and industrial sectors, announced a business realignment re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. that will integrate its foundry services business into the company's mixed-signal business unit. The realignment will allow AMIS to better serve its customers by offering a full range of options from ASSP (Application Specific Standard Part) An ASIC chip that is designed as a generic device for a particular market. Whereas an ASIC is typically used only by its creator, ASSPs are used by many different companies in the design of their products. See ASIC. products to custom designs and foundry services within the same business unit. As a result, the company's business segment reporting Business segment reporting Reporting the results of the separate divisions or subsidiaries of a business. information will be consolidated and third quarter financial results will be reported on two business segments, integrated mixed-signal products and structured digital products. The mixed-signal products segment will incorporate four product lines which are mixed-signal products focused on the automotive and industrial segments; the medical and wireless product line centered on implantable medical and audiology audiology /au·di·ol·o·gy/ (aw?de-ol´ah-je) the study of impaired hearing that cannot be improved by medication or surgical therapy. au·di·ol·o·gy n. devices; peripheral imaging products that will include the peripheral imaging business of Flextronics upon close of the acquisition; and a new product line that will focus on opportunities in high-voltage products for communication applications. The company also announced today the appointment of Mike O'Neill as senior vice president of the company's structured digital products business unit. In his new role, O'Neill will be responsible for leading the company's expanding structured digital business that will include the integration of the Flextronics digital business upon close of the acquisition. He will also continue to extend the company's leadership position in FPGA-to-ASIC conversions with innovative structured digital technologies and methodologies focusing those activities to help customers maximize profitability and minimize time-to-market. O'Neill's experience covers a lengthy career in the semiconductor industry, spanning more than 15 years. He was most recently a general partner at Kodiak Venture Partners, an early stage venture capital firm focused on communications/IT, semiconductor and software investments. O'Neill has also served in senior engineering and management positions at Conexant Systems, Philsar Semiconductor and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . "Mike is a talented engineer and executive with terrific business sense," stated Chris King, 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. of AMI Semiconductor. "We welcome his ideas and look forward to taking our structured digital business unit to the next level." O'Neill earned his bachelor's and master's degrees in electrical engineering from Virginia Polytechnic Institute & State University. About AMI Semiconductor AMI Semiconductor (AMIS) is a leader in the design and manufacture of silicon solutions for the real world. As a widely recognized innovator in state-of-the-art integrated mixed-signal products and structured digital products, AMIS is committed to providing customers with the optimal value, quickest time-to-market semiconductor solutions. Offering unparalleled manufacturing flexibility and dedication to customer service, AMI Semiconductor operates globally with headquarters in Pocatello, Idaho, European corporate offices in Oudenaarde, Belgium, and a network of sales and design centers located in the key markets of the U.S., Europe and the Asia Pacific region. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion