New C-MAC MicroTechnology CEO, Indro Mukerjee, Lays Out Strategy to Accelerate Growth
Leading high-reliability electronics manufacturer C-MAC MicroTechnology is preparing for an ambitious drive into medical and automotive systems following the appointment of new CEO Indro Mukerjee.
Durham, NC, February 2006 - Leading high-reliability electronics manufacturer C-MAC MicroTechnology is preparing for an ambitious drive into medical and automotive systems following the appointment of new CEO Indro Mukerjee. Indro joined C-MAC at the end of 2005 from Philips Semiconductors, where he was Executive Vice-President & General Manager of the Automotive & Identification Business Unit.
A rapid strategic review by C-MAC's senior management team, under Indro's direction, has identified medical, automotive and transportation applications as promising directions for future growth, building upon the company's existing strength in the communications, industrial and high-reliability military/aerospace sectors.
Indro explained: "C-MAC has a superb pedigree in electronic design, development and manufacture in partnership with a broad range of electronics OEMs, large and small. We're investing strongly in hybrid microelectronics manufacturing, including a new state-of-the-art LTCC (low-temperature co-fired ceramic) facility, giving us a broad technology portfolio that is unique within the industry.
"An unflinching commitment to electronics excellence has served C-MAC well in the past, and will be all the more important as we strive to expand into promising growth sectors such as medical and automotive. We now have the vision and determination to become supplier of choice across a range of markets. We are a new C-MAC MicroTechnology, and we have an exciting platform for growth."
C-MAC MicroTechnology has already chalked up successes in clinical monitoring and analysis systems, particularly through the application of hybrid circuit and sensor technology. Its manufacturing site in Great Yarmouth, UK, was recently granted ISO 13485 certification, making it an officially endorsed supplier of components and systems to medical equipment vendors.
C-MAC MicroTechnology is also supplying leading-edge, electro-optic and power management systems into high-profile multinational aerospace projects, and has multi-year agreements with a number of tier one and tier two automotive systems manufacturers to supply under hood electronic modules and sub-assemblies.
Andrew Gray of leading private equity group Francisco Partners, and a C-MAC board member, said: "C-MAC today is the world leader in high-reliability electronic components, modules and systems, and it has the potential to be much more. Inviting Indro to join the board as CEO adds leadership skills gained from his experience of highly competitive customer facing environments, enabling us to quickly explore opportunities within interesting new markets."
Indro Mukerjee is Chief Executive Officer of C-MAC MicroTechnology. After graduating in engineering from Oxford University, he began his career in management consulting in the technology sector, specializing in mergers and acquisitions and product introductions. He then joined the European semiconductor division at Hitachi, where he moved into sales and marketing, operations and business management. At Hitachi he received two President's Awards, first for starting a successful business venture from scratch, and then for transforming the company's service and logistics. In 1993, Indro joined VideoLogic, an innovative UK-based PC multimedia start-up. As a member of the company's leadership team, he went through a successful IPO and developed a commercial infrastructure to support growth, opening new markets internationally and a successful joint venture in Japan. In 1997, Indro was invited to join Philips Semiconductors, initially as General Manager of the European region, then leading the Consumer Market Group. He subsequently progressed to the executive management positions of Executive Vice President - Global Marketing & Sales, Chief Marketing Officer and then the overall general management responsibility for the strategic Automotive and Identification Business Unit.
C-MAC MicroTechnology is the world leader in high-reliability electronic systems, modules and components to the automotive, medical, communications and aerospace industries. With design and manufacturing facilities in the UK, France, Belgium and Canada and additional dedicated sales and customer support teams throughout Europe, the USA and China, C-MAC has built up an extensive intellectual property portfolio and extensive electronics design and manufacturing expertise geared to its target industries. The company's products are often found in applications that operate in harsh environments, at extremes of temperature or frequency. C-MAC operates in two main business areas.
Electronics manufacturing partnership. C-MAC offers unrivalled expertise in the design and manufacture of advanced high-precision microelectronics systems. Specialties at C-MAC's production sites at Great Yarmouth in the UK, Sherbrooke in Canada and Ronse in Belgium include thick-film printing on ceramic and other substrates, surface-mount hybrid circuits, DC/DC power modules, direct-attach flip chip, low-temperature co-fired ceramic (LTCC), chip-on-board (COB), multichip module (MCM) assemblies and PCB assembly. These manufacturing resources are complemented by an integrated design-to-test service encompassing ASIC design as well as analogue, digital, RF, mixed-mode and thermal simulation. Through its independently accredited test house facility, C-MAC can carry out product qualification and material evaluation to internationally recognized standards.
Frequency control. C-MAC has a 70-year pedigree in designing and manufacturing high-performance oscillators and quartz crystals. Its product range encompasses AT and SC cut crystals, simple packaged crystal oscillators (XOs or SPXOs), voltage controlled crystal oscillators (VCXOs), temperature compensated crystal oscillators (TCXOs), oven controlled crystal oscillators (OCXOs), and rubidium oscillators and clocks. Particular specializations include patented ASIC-based high-stability TCXOs, ultra stable OCXOs and SDH/SONET reference oscillators. Manufacturing of quartz-based products at Lincoln, UK, and Argenteuil, France, are supported by design and sales support centers at Harlow and Crewkerne in the UK.
Please visit www.cmac.com.
Issued by:
Janet Kingston
o Tel: 703-472-5372
o Email: cmac@janetkingston.com
