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Victor Tsao Invests in Celeno, Joins Advisory Board
(Wireless News Via Acquire Media NewsEdge)
Celeno Communications, a provider of semiconductors for multimedia WiFi
home networking applications, 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, Tsao will be advising Celeno
management team on marketing, ecosystem partnerships and product
evangelism strategies.
Tsao served as president and CEO of Linksys for 15 years prior to its
acquisition by Cisco in June 2003. As president and CEO, Tsao led
Linksys to become a 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. Tsao is also a special advisor to
Greylock Israel, a venture capital firm that is also a Celeno investor.
Welcoming 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."
"The tide of multimedia and entertainment applications is on its way,
driven by telco IPTV, cable and satellite Multi-room applications and
the proliferation of consumers' digital content," said Tsao. "Celeno
brings a fresh view and innovative technology to the wireless
multimedia home networking market space and is well positioned to
bridge the paradigm shift in market needs and to enable original
equipment manufacturers (OEM) and original design manufactures (ODM) to
serve this market."
((Comments on this story may be sent to newsdesk@closeupmedia.com))
((Distributed on behalf of 10Meters via M2 Communications Ltd -
http://www.m2.com))
((10Meters - http://www.10meters.com))
Copyright ? 2008 Wireless News
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