CEO Leaves Wave, Putting MIPS' Future in Doubt
By Junko Yoshida, EETimes
September 24, 2019
Wave Computing, an AI startup based in Campbell, Calif., quietly swapped out its company chief in early September without a public announcement. Wave’s website now shows that Art Swift, who became Wave’s CEO last May, is already gone. It lists Sanjai Kohli as the new CEO.
Neither Wave Computing nor the new CEO responded our request for interview. EE Times, however, caught up with Swift, Wave’s former CEO, over the last weekend. He told us that he left Wave on Sept. 2nd. That means his CEO tenure at Wave lasted less than four months.
Asked why he left Wave, Swift said, “I had a disagreement with the [Wave] board on a short-term fund-raising strategy.” He declined to elaborate.
To read the full article, click here
Related Semiconductor IP
- xSPI Multiple Bus Memory Controller
- MIPI CSI-2 IP
- PCIe Gen 7 Verification IP
- WIFI 2.4G/5G Low Power Wakeup Radio IP
- Radar IP
Related News
- Wave Computing Appoints Industry Veteran Art Swift CEO
- Wave Computing and MIPS Technologies Reach Agreement to Exit Bankruptcy
- New Wave Design and Verification Appoints Marti Nyman as President and CEO
- Silicon Wave decreases customer development time with new low-power bluetooth reference design kit for its second generation chipset
Latest News
- Premier ASIC and SoC Design Partner, Sondrel, Rebrands as Aion Silicon
- Intel Financial Risks, Layoffs, Foundry Ambitions
- BOS Semiconductors to Partner with Intel to Accelerate Automotive AI Innovation
- China Takes the Lead in RF Front-End Patent Activity: RadRock and Others Surge Behind Murata
- Arteris Wins Two Gold and One Silver Stevie® Awards in the 2025 American Business Awards®