Anokiwave Adds Semiconductor Industry Veterans to its Management Board

Boston, Mass.,  February 7, 2023 - Anokiwave, Inc., a manufacturer  of highly integrated silicon ICs for millimeter-wave (mmW) ICs, today announced the appointment of two prominent semiconductor industry executives to its Board of Directors and Advisors. The new board members are both accomplished executives with strong technology, management, financial, and strategic growth experience in the high-technology market.

Ravi Vig, formerly President and CEO and Board Director of Allegro MicroSystems Inc (NASDAQ: ALGM), has joined the Board of Directors, and Paul V. Walsh, Jr, formerly Chief Financial Officer (CFO) at Allegro Microsystems Inc., has joined the Board of Advisors. Both appointments are effective December 14, 2022. The recent additions to the board have extensive strategic, technical, and operational knowledge of the semiconductor sector, with global customer engagement expertise.

“Our company is in the midst of an incredible transformation as mmW systems built with Anokiwave ICs begin mass deployments. The deep expertise and insight these new members bring to the board along with the expertise of our other board members and employees will be vital in providing high-level support and guidance as we continue to accelerate Anokiwave’s transformation into the industry’s most successful commercial-volume supplier of highly integrated mmW silicon core ICs for some of the fastest-growing markets in the entire electronics industry,” said Robert S Donahue, CEO, Anokiwave.

Ravi launched his career at Allegro Microsystems, Inc, a privately held company, as an Analog Design Engineer in 1984, going on to achieve positions of increasing responsibility, ultimately being appointed to the position of President and CEO in 2016. In 2017, he brought in private equity investment, beginning the process of restructuring and corporate transformation. As President & CEO, he transformed Allegro into a fabless, asset-lite, high-growth, innovation-focused company and market leader in power and sensing semiconductors. In 2020, he brought the company public and steered it onto a path of strong equity growth, accelerating revenue, and greatly improving its gross margins. During his leadership, Allegro was named to Inc. Magazine’s Best Led Companies list.

Ravi holds a BS in Electrical Engineering from Rutgers University, an MS in Electrical Engineering from Dartmouth, an MBA from Southern New Hampshire University, and a Leadership certificate from the Yale School of Management. He holds more than 60 patents in semiconductor and sensor design, applications and packaging.

Paul V. Walsh, Jr is a senior financial leader with strategic and operational expertise who has led finance and administration in large, publicly traded and private equity-backed companies primarily in the semiconductor industry. In early 2022, Paul retired as Chief Financial Officer (CFO) at Allegro Microsystems Inc – a global provider of magnetic sensor ICs and power management ICs for the automotive and industrial markets. With Allegro’s former CEO, Ravi Vig, Paul led Allegro’s IPO in Oct. 2020 – at the time the largest semiconductor IPO since 2011 and one of the most successful offerings in terms of total return of the last five years. He also co-led, with Ravi, the private equity investment transaction from One Equity Partners in October 2017.

Paul earned a Graduate Certificate in Accountancy from the Bentley College Graduate School of Management in Waltham, MA, passing the CPA exam in 1997. He has an MBA from Boston University in 1992 and a B.S. in Mechanical Engineering in 1986 from the University of Maine at Orono, ME.