There's been a change of CEO at five year-old UWB fabless chip specialist Artimi. Colin Macnab, CEO for the last three years, has handed over to Andy Vought.
"I'm an MBA not an engineer", Vought told Electronics Weekly, "I've been 30 years in the tech business at Broadlight, Virata, Micropower Systems and SCM Microsystems."
Asked why Vought had been brought in to replace Macnab, Artimi co-founder Mark Moore, replied: "To manage the transition from being a development company to being a revenue-earning company."
Asked why Macnab couldn't have done that, Vought replied: "I have more experience in fund raising."
Asked if Artimi needed more funding, Vought replied: "We do need more money, product commercialisation is expensive and requires cash."
Asked if he would tell us how much cash and how soon it was needed, Vought replied: "No."
Artimi expects the UWB unit market to be somewhere around a 5m unit market this year.
The company has produced reference designs for an external HDD application, an LCD projector application and a printer application.
Dell, Toshiba, Lenovo, NEC are all shipping UWB laptops this year, said Vought.