Celeno Adds to Board 663126

RA'ANANA, Israel -- Celeno Communications, a leading provider of semiconductors for multimedia WiFi home networking applications, today announced Victor Tsao, Linksys’ founder and CEO, Senior Vice President Emeritus of Cisco Systems, is the newest member of the Celeno Advisory Board. Following his recent investment in Celeno, Mr. Tsao will be advising Celeno management team on marketing, ecosystem partnerships and product evangelism strategies.

Mr. Tsao served as president and CEO of Linksys for 15 years prior to its acquisition by Cisco in June 2003. As president and CEO, Mr. Tsao led Linksys to become the leading provider of networking gear for the home and small business with a market share to date of over 50 percent. Linksys was also listed on the Inc. 500 list of fastest growing private companies in the U.S. seven consecutive years. Mr. Tsao is also a special advisor to Greylock Israel, a leading venture capital firm that is also a Celeno investor.

Welcoming Mr. Tsao, Celeno’s CEO and founder, Gilad Rozen, said, “We're very excited to have Victor as an investor and an advisory board member. His rich experience with consumer markets and cutting edge technology, along with his passion for building a global brand will be an asset to Celeno as we expand our presence in the U.S., EMEA and APAC regions.”

Celeno Communications