Tuesday, April 30, 2013

MEMS industry pioneer and technology visionary joins IMT board of directors

USA: IMT, the largest pure-play Micro-Electro-Mechanical Systems (MEMS) foundry in the US, announced the appointment of MEMS industry pioneer and technology visionary Dr. Kurt Petersen to the IMT board of directors.

Dr. Petersen is recognized as an expert and a voice of the MEMS industry having created fundamental MEMS technology from inception.  He has co-founded six successful MEMS companies and acted as a consultant to more than 50 MEMS enterprises.

“MEMS are transitioning from primarily highly specialized applications to the mainstream, increasing production from millions of devices to billions of devices, a shift that is as significant as the development of wireless was to phones,” said Dr. Petersen. “The industry needs strong wafer foundries to support this immense growth, and IMT has a solid track record of tackling the most challenging MEMS development projects with technical excellence and innovation, while also delivering devices in volume.”

Dr. Petersen has significantly influenced the flourishing MEMS industry. With more than 30 years of expertise, Petersen co-founded Verreon, acquired by Qualcomm; SiTime, a successful MEMS producer; Cepheid, now public with a market cap over $2.5 billion; and NovaSensor, now owned by General Electric.

Serving in a variety of roles at those companies from CTO to president and CEO, Petersen’s work has influenced the development of millions of MEMS parts that are still in production today.

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