Swiss memory technology player Innovative Silicon has hired intellectual property veteran Mark-Eric Jones as its CEO.

Jones joins the start-up after six years at memory firm MoSys, where he was VP and general manager for IP licensing. He has also led Mentor Graphics' Inventra IP business unit.

“We are delighted to welcome Mark-Eric to Innovative Silicon," said Pierre Fazan, the company's founder and CTO. “His general management experience and track record of building a successful IP licensing business for memory technology will be invaluable in helping the company through its next steps of growth."

The company is developing a dense semiconductor memory based on work carried out at the Swiss Federal Institute of Technology of Lausanne (EPFL) by Fazan and Serguei Okhonin.

“I am very impressed by the technology that the team at Innovative Silicon has developed and excited to participate in a venture that promises to have a significant impact on the semiconductor industry," Jones said.

Innovative Silicon is funded to the tune of $6 million by Index Ventures, Auriga Partners, Highland Capital Partners and Soitec. It is based in Lausanne where it has its R&D center.

By: DocMemory
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