Vasishta quietly named CEO of eASIC

"We're not hiding it of course. At the same time it's just a natural evolution of the company," Vasishta said Wednesday (Aug. 10) in an interview with EE Times.

eASIC's board of directors, which includes noted venture capitalists Vinod Khosla and Atiq Raza, met Aug. 5 and appointed Vasishta to his first CEO job. In a departure from the norm, the company issued no news release or official communication about the appointment.

Founder Zvi Or-Bach remains president, chairman and chief technology officer.

"The real reason is we've done this transition from technology to products and we're now moving into the phase where we're delivering a mass product," he said.

eASIC, a 100-person company based in San Jose, Calif., has several customers running the company's logic technology through fabs. ST Microelectronics recently said it was using 400,000 gates of eASIC logic in an STM product.

"The IP (intellectual property) side is progressing and we're more into production now," Vasishta said.

Vasishta said he was excited to be named CEO. "It's probably that way whether you're a first time or a 10th time CEO," he said. "There's never a time where you say everything's under control."