Tessera Technologies, Inc. (Nasdaq: TSRA) (the “Company”) announced today that John S. Thode has been appointed president of DigitalOptics Corporation (“DOC”). Thode will report to Robert A. Young, president and chief executive officer, Tessera Technologies, Inc., and will be responsible for the Company’s DigitalOptics business, including strategy and operations.
“John brings extensive consumer mobile product industry experience and expertise to our company, including a proven ability to develop and grow emerging businesses,” stated Young. “His key telecommunication industry relationships, prior track record of success, and deep knowledge of fast growing markets in Asia and elsewhere, will position us well as we pursue the significant opportunity in the $4.5 billion smartphone camera module market.”
“DOC has a unique and differentiated MEMS approach to smartphone camera modules that I believe has the potential to revolutionize mobile imaging,” said Thode. “I look forward to working with the team to deliver MEMS autofocus camera modules to market and to build on DOC’s emerging role in this exciting space.”
Thode, 55, was most recently at McAfee, Inc., where he was executive vice president and general manager of McAfee’s Consumer, Mobile and Small Business unit from 2011 through 2012. Prior to McAfee, from 2007 through 2011 Thode was general manager of Dell’s Mobility Products Group where he was responsible for leading the strategy and development of Dell’s nontraditional products, including smartphones and tablets. Prior to Dell, Thode was president and chief executive officer at ISCO International, Inc., a telecom infrastructure company, where he led a successful turnaround effort including substantial increase in revenue, cash flow and international market expansion. Thode also spent 25 years with Motorola, Inc. in various management roles, including general manager of its UMTS Handset Products and Personal Communications Sector and general manager of its Wireless Access Systems Division in its General Telecoms Systems Sector.
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