News Article
Seasoned Executive Anik Bose to Join GigOptix Advisory Board
GigOptix, Inc. (OTCBB:GGOX), announces that Mr. Anik Bose, an experienced high tech executive and a General Partner at Benhamou Global Ventures, has joined the GigOptix Advisory Board. Mr. Bose has joined the Advisory Board to focus on the strategic growth of GigOptix through M&A and business development in China.
"I am pleased to be a part of GigOptix as a member of their Advisory Board," commented Mr. Bose. "GigOptix has been demonstrating a new and aggressive rollup strategy model since their inception in July 2007. The moves that they have made during this down market are extraordinary and have demonstrated solid growth based on a financially driven approach. I am honored to be a part of the future of this rapidly growing company."
"GigOptix has made many strategic moves since our inception, however, at this point in our growth we are looking to future M&A transactions as well as other strategic alliances in various geographical regions to continue the growth of the company," stated Dr. Avi Katz, Chairman and Chief Executive Officer of GigOptix. "We are looking forward to working closely with Anik in a mutually beneficial relationship, aided by our joint wisdom and contacts."
About Anik Bose
Anik Bose has headed the business development functions at communications technology companies such as 3Com as well as biotechnology focused companies such as Monsanto. In his business development roles he has managed a $250MM corporate venture fund, spearheaded dozens of venture capital investments and executed numerous spin out transactions as well as several large M&A transactions over $1.4Bn in value. On the communications technology side, Mr. Bose architected the launch of the fastest growing Asian networking company (H3C - 3Com's joint venture with Huawei), which achieved annual revenues of over $700 million and a market valuation of $1.8B within 36 months of launch. For Monsanto, Mr. Bose developed and implemented global biotech growth strategies targeted towards achieving a significant return on Monsanto's $10 billion of acquisitions.
About GigOptix, Inc.
GigOptix is a leading fabless manufacturer of electronic engines for the digital world. The Company offers a broad portfolio of high speed electronic devices including polymer electro-optic modulators, modulator drivers, laser drivers and TIAs for telecom, datacom, Infiniband and consumer optical systems, covering serial and parallel communication technologies from 1G to 100G. GigOptix now also offers the widest range of mixed-signal and RF ASIC solutions in the market including Standard Cell, Hybrid and Structured ASICs targeting the Consumer, Industrial, Defense & Avionics industries. For more information, please visit www.GigOptix.com.
