Ambric, a start-up based in Beaverton, Oregon, named Howard Bubb as CEO and chairman of its board. Ambric is developing a new type of programmable IC platform that it says will help electronics companies accelerate time to market for their products while also slashing system development costs. The company is in stealth mode.
Howard Bubb is a former vice president of Intel Corporation and general manager of Intel’s Communication Infrastructure Group. He joined Intel from Dialogic Corporation where he was president and CEO. http://www.ambric.com
- In September 2004, Ambric announced a $10.4 million Series A funding round, co-led by ComVentures and OVP Venture Partners.