Tuesday, December 7, 2010

Peregrine Semiconductor Boosts Board Ahead Of IPO

San Diego-based Peregrine Semiconductor--which recently filed for an IPO--is bolstering its board of directors, saying Monday that it has added two new members of its board. The firm said it has added Carl Schlachte and Anthony (Tony) Thornley to the board. Schlachte is CEO and Chairman of Ventiva Corporation, and is Chairman of MOSAID. Schlachte also served at ARC International, motorola, and ARM Holdings plc. Thornley was previously CFO, COO, and President of Qualcomm, and also had served at Nortel, and currently sits on the boards of Cavium Networks, Proximetry, and Public Wireless Inc., Basho Technologies Inc., Callaway Golf Inc. and Transdel Pharmaceuticals Inc. SChlachte and Thornley replaces Allan Aaron and Tim Downing. Peregrine filed for an IPO two weeks ago.