POET Technologies, the PCMA 2014 Deal of the
Year Winner along with its EMD partner IBK Capital
Corp. has been busy making the future possible.
Since winning the PCMA award in 2014 POET has
continued to do great things.
For those reading for the first time, POET
Technologies is setting the standard for Gallium
Arsenide (GaAs) integrated circuits that combine
the previously thought impossible complementary
logic and optics into one powerful processing chip.
POET, with recent breakthroughs in GaAs, is on
track to deliver the next generation of commercial
and military grade processors, memories and IC’s
that are significantly faster and more efficient than
In recent months POET has attracted proven
heavyweights of the silicon world and introduced
them as the new management team and board,
setting the bar very high.
New CEO: Dr. Suresh Venkatesan most recently
held the position of Sr. Vice-President of Technology
Development at GlobalFoundries. With over 22
years of experience in semiconductor technology
development, Dr. Venkatesan holds over 25 patents,
as well as MSC and PhD degrees in Electrical
Engineering from Purdue University. GlobalFoundries
is the world’s biggest semiconductor foundry and
formerly a part of AMD, making this CEO appointment
monumental in fit and industry qualification.
New COO: Dr. Subhash Deshmukh, comes to
POET from Applied Materials Inc., where he held the
position of Vice-President of Emerging Technologies
and Products. As Applied Materials is the global
leader in materials engineering in the semiconductor
space, the experience and opportunities that come
with Dr. Venkatesan are invaluable for POET’s future
New Directors: Mohandas Warrior, as a former
President and CEO of Alfalight Inc., a GaAs-based
high-power diode manufacturer catering to military,
telecom and industrial customers, Mohandas is a
GaAs industry expert, making him a very technical
addition. Todd A. DeBonis, David E. Lazovsky, both
recent additions, both proven semiconductor industry
executives, have been appointed to drive POET’s
business development forward.
Not to mention all these champions are backed
by industry-respected Ajit Manocha, the Co-Chairman
of the Board, and formerly the most recent CEO of
As these developments were unveiled POET
proves it has been hard at work setting the stage
for its next steps of semiconductor industry
revolution. If we look back a little further to
March of 2015, POET announced a collaboration
agreement with BAE Systems, laying out the steps
for its ‘Lab to Fab’ transition.
With a semiconductor design total available
market size of over $300 billion, POET is not limited in
application and is applied across all sectors. With up
to 10x faster speeds, 90% greater power efficiency
and with easy, scalable industry adoption, this will
truly be the disruptive semiconductor industry shift
the world needs.
We at IBK Capital Corp. are excited for the
future of POET and have raised over $42 million
for POET Technologies Inc. For more information
about POET Technologies contact IBK Capital
ISSUERS & PRIVATE PLACEMENTS
IBK Capital Corp.
Introducing the Silicon Valley Semiconductor Dream Team
REVISITING a 2014 PCMA Deal of the Year Winner
POET TECHNOLOGIES (TSX-V:PTK)
By IBK Capital Corp.