Silego Names John Teegen as Next Chief Executive Officer

SANTA CLARA, Calif., Aug. 24, 2016 /PRNewswire/ -- Silego Technology Inc. today announced that John Teegen has been named its Chief Executive Officer and President, and a member of its Board of Directors. In addition, Ilbok Lee, who previously served as its Chief Executive Officer and Chairman of the Board, will continue his position on the Board and will serve as Executive Chairman where he will focus on technology roadmaps, intellectual property development and investment opportunities.

"Silego is entering its next phase of growth as an established leader in the emerging Configurable Mixed-signal IC (CMIC) market. It's with great pleasure that we appoint Teegen to lead this effort as he was a key part of our growth story and product strategy since joining Silego as VP Sales in 2010 and then serving as President in 2015," said Lee, a 40-year semiconductor industry veteran and founder of two successful IC startups. "Silego is transforming the way engineers design mixed-signal circuits and under Teegen's leadership we will continue our strategy of growing our customer base as well as moving our products into new markets."

"Silego has created a new class of ICs that we blieve provides our customers with tremendous value in an area that has previously only been served by discrete component implementations," says Teegen. "In addition to our initial markets of notebook computers and tablets, our CMIC platform is gaining momentum in mobile and wearables markets where design flexibility, time-to-market, lower power and smaller board space are critical. I'm extremely honored to lead Silego and help to expand its innovative product line into the future."

Teegen has more than 30 years of experience in the semiconductor industry. Before joining Silego, Teegen held executive management positions at Kovio Inc., NeoPhotonics Corporation, MMC Networks Inc. (AMCC), Intellon Corporation (QCOM), VLSI Technology, Inc. (NXP) and Advanced Micro Devices, where he began his career. He was the VP of Sales at MMC Networks during its 1997 IPO and VP of Business Development during its acquisition by AMCC in 2000. Teegen was VP of Sales Intellon and NeoPhotonics prior to their respective IPOs. He earned his bachelors of science degree in electrical engineering (B.S.E.E.) from the University of Florida where he is also an ECE External Advisory Board member.

About Silego – The CMIC Company

Silego Technology Inc. is a fabless semiconductor company that creates, designs and sells configurable mixed-signal integrated circuits, or CMICs, which enable a paradigm shift in the way that hardware engineers design their systems. Our CMICs integrate analog, digital logic, mixed-circuit blocks into various programmable products that are optimized for specific functions relating to either power, timing or interface. Each product variant of our CMICs eliminates multiple passive and discrete components that had previously provided such functionality. Our CMICs enable original equipment manufacturers, or OEMs, in high-volume applications to cost-effectively deliver their hardware products to market faster and with greater design flexibility. Our scalable CMIC platform is comprised of our configurable ICs, our proprietary design software and our development kits. Our solution consists of our proprietary CMIC platform and our delivery model, which includes our interactive design support, rapid prototyping of customer designs and flexible, cost-optimized manufacturing.

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SOURCE Silego Technology Inc.

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