REG - EnSilica PLC - EnSilica strengthens global ASIC sales network

EnSilicaAnnouncement

22/06/2022 07:00

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RNS Number : 7628P  EnSilica PLC  22 June 2022

22 June 2022

EnSilica plc

("EnSilica", the "Company" or the "Group")

 

EnSilica strengthens global ASIC sales network

 

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific
Integrated Circuits), is pleased to announce that it has appointed a new Vice
President of Worldwide Sales and has entered into non-exclusive Sales
Representative Agreements with Quantum Leap Solutions Inc ("QLS"), covering
the North America region, and Cedar Technologies Limited ("Cedar
Technologies") covering the UK, Nordic regions and Poland.

 

Appointment of a new Vice President of Worldwide Sales

 

The Company is pleased to announce that Peter Jeutter has been appointed as
EnSilica's Vice President of Worldwide Sales. Peter will be based in the
Company's new office in Munich, Germany. Peter has extensive experience in
running worldwide sales networks for semiconductor companies, having
previously been Vice President EMEA for Renesas Electronics Corporation
("Renesas Electronics") and has held senior sales roles with Atmel Inc and
Infineon AG.

 

Sales Representative Agreements with QLS and Cedar Technologies

 

Both QLS and Cedar Technologies have ASIC business development experience from
previously being sales representatives for Dialog Semiconductors. Dialog
Semiconductors was bought by Renesas Electronics Corporation for €4.9
billion in August 2021.

 

QLS was founded in 2011 and is headquartered in the Bay Area (Silicon Valley),
California.  Over the past 11 years, QLS has successfully grown both SIP
(Semiconductor Intellectual Property) and ASIC revenues in North America for
its partners.  In addition to the Bay Area, QLS has sales offices in Los
Angeles,  Austin, Texas and Boston, Massachussetts to support its customers
across North America.

 

Cedar Technologies was formed in 1992 and has since successfully demonstrated
to be a very effective vehicle to take semiconductor related technology to
market in Northern Europe. Cedar Technologies has sales and application
engineering support covering the United Kingdom, Denmark, Sweden, Norway,
Finland and Poland.

 

Ian Lankshear, Chief Executive Officer of EnSilica plc commented:

 

"We view these appointments as significant additions to EnSilica's sales
network and global reach. Peter brings valuable sales experience that is
needed to scale a semiconductor business internationally. The appointment of
QLS and Cedar Technologies now gives us people on the ground in key regions
with proven ASIC business development experience. We believe this will result
in growing our sales pipeline and accelerating our growth by bringing in high
value ASIC supply opportunities".

 

For further information please contact:

 

 EnSilica plc                                                      Via Vigo Consulting

 Ian Lankshear, Chief Executive Officer                            +44 (0)20 7390 0233

 Matthew Wethey, Chief Financial Officer

 www.ensilica.com (http://www.ensilica.com)

 Allenby Capital Limited, Nominated Adviser & Broker               Tel: +44 (0)20 3328 5656

 Jeremy Porter / Vivek Bhardwaj (Corporate Finance)                info@allenbycapital.com

 Joscelin Pinnington/Tony Quirke (Sales & Corporate Broking)

 Vigo Consulting (Investor & Financial Public Relations)           +44 (0)20 7390 0233

 Jeremy Garcia / Tara Benniman

 ensilica@vigoconsulting.com (mailto:visum@vigoconsulting.com)

 

About EnSilica

 

EnSilica is a leading fabless design house focused on custom ASIC design and
supply for OEMs and system houses, as well as IC design services for companies
with their own design teams. The company has world-class expertise in
supplying custom RF, mmWave, mixed signal and digital ICs to its international
customers in the automotive, industrial, healthcare and communications
markets. The company also offers a broad portfolio of core IP covering
cryptography, radar and communications systems. EnSilica has a track record in
delivering high quality solutions to demanding industry standards. The company
is headquartered near Oxford, UK and has a design centres across the UK and in
Bangalore, India and Porto Alegre, Brazil.

 

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