Industry related on topic, page-765

Lip-Bu Tan, the guy mentioned in this article for resigning from his board position at Intel recently, was the Chairman and CEO of Cadence Design Systems (Cadence) when they acquired Verisity where/when Coby was their VP of Worldwide sales.

https://en.wikipedia.org/wiki/Lip-Bu_Tan

https://www.eetimes.com/cadence-completes-acquisition-of-verisity/

https://www.timesofisrael.com/israeli-talent-very-important-for-cadence-business-ceo-says/

The 57-year old CEO believes that the company, which provides electronic design automation software to chipmakers globally, will see growth from a number of sectors going forward, including from the digitalization of the automotive industry, machine learning, artificial and virtual reality, big data and Industrial Internet of Things.

Cadence employs some 250 people in Israel, and customers include Mellanox Technologies Ltd., Mobileye and Annapurna Labs — the microelectronics firm acquired by Amazon in 2015.

The firm has also acquired a number of Israeli-founded startups over the years, including Verisity Ltd., a developer of software verification tools, which it bought in 2005.

Since Tan has been leading the firm, he has seen its share price surge from $2.42 to $43 dollars, he said with pride. The company’s market valuation is today around $12 billion. So what is his secret sauce? A company culture that is humble, focused on innovation and inclusiveness, he said.

“Humility is important, stay humble,” he said. Build trusted partnerships with customers, listen closely to what they have to say, and focus on innovation.