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Semiconductor startup appoints former Vitesse Semiconductor executive Raif Onvural as CEO and President
December 10, 2002
WATERTOWN, Conn. -- Litchfield Communications, Inc., a fabless semiconductor company creating silicon solutions for network convergence, today announced it has appointed former Vitesse Semiconductor executive Raif Onvural as Chief Executive Officer and President. "I am very excited to become part of such a strong management and investment team," said Onvural. "Equipment vendors have been working for a long time to deliver converged solutions for the network infrastructure, with limited success due to lack of available solutions from the component vendors. LCI will lead the development of system-on-a-chip solutions, and enable our customers to deliver solutions for converged networks without requiring any changes to the current or emerging network infrastructure." Dr. Onvural founded Orologic, Inc., a fables semiconductor company developing high-performance system-on-a-chip solutions for ATM and IP traffic management, in 1997. He comes to Litchfield Communications from Vitesse Semiconductor, which he joined after its acquisition of Orologic in March of 2000. Dr. Onvural brings to LCI more than 15 years of management experience in many well-known semiconductor and telecommunications companies, including Allied Telesyn, IBM, and Nortel. "Raif Onvural has extensive experience in successfully positioning and launching fabless semiconductor startup ventures, leading strong management teams and developing solid business models," said Dave Furneaux, a partner at Kodiak Venture Partners and Chairman of the Board for Litchfield. "With his depth of operational and domain expertise, we believe Dr. Onvural has what it takes to optimize on the strong technology offering and significant growth potential that position Litchfield for dominance in the communications semiconductor market." As networks move increasingly toward using packet switching technologies, service providers face the challenge of supporting and operating huge installed bases of legacy TDM services and different packet switching technologies. To support these services and bring legacy protocol access points to the network while minimizing OPEX costs, a new breed of semiconductor devices are required. LCI's silicon solutions enable popular traditional services to be managed with greatly improved efficiencies and at significantly lower costs, without requiring infrastructure changes. Litchfield Communications Inc.
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