Lip-Bu Tan | |
---|---|
陳立武 | |
Born | |
Nationality | American [1] |
Alma mater |
|
Occupation(s) | Business executive, venture capitalist |
Employers |
|
Office | Executive chairman of Cadence Design Systems |
Term | January 8, 2009–present (President: January 8, 2009–November 16, 2017) |
Board member of | Hewlett Packard Enterprise Schneider Electric Softbank |
Spouse | Ysa Loo |
Children | 2 |
Chinese name | |
Traditional Chinese | 陳立武 [2] |
Simplified Chinese | 陈立武 |
Hanyu Pinyin | Chén Lìwǔ |
Hokkien POJ | Tân Li̍p-bú |
Lip-Bu Tan (born November 12, 1959) is a Malaysia-born American executive and entrepreneur presently the executive chairman of Cadence Design Systems and Chairman of Walden International, a venture capital firm.
Born in 1959 in Muar, Johor, Federation of Malaya (in modern Malaysia) to a Malaysian Chinese family, [3] [4] Tan grew up in Singapore and graduated from Nanyang University with a BSc in physics. [5] Tan later completed an M.S. in nuclear engineering at the Massachusetts Institute of Technology (MIT) in the U.S. [3] Tan began Ph.D. studies in the subject at MIT, but because the 1979 Three Mile Island accident caused a sharp reduction in opportunities in the nuclear industry, Tan left MIT and transferred to the University of San Francisco, where he graduated with an MBA. [3] [6] [7]
Tan was a manager at EDS Nuclear and ECHO Energy and partner at the Walden USA investment fund before founding venture capital firm Walden International in 1987. [8] [7] [9] He named the firm after the book Walden by Henry David Thoreau because Tan's goal was to be like Thoreau: "contrarian, rather than just following the trend." [6] Growing from $20 million upon its founding to $2 billion by 2001, Walden International has focused its investments on semiconductor, alternative energy, and digital media businesses and startups in the U.S. and Asia such as Ambarella Inc., Creative Technology, S3 Graphics, and Sina Corp. [4] [6] [10] For Tan's breakthrough investments in Asian tech startups, Forbes dubbed Tan "the pioneer of Asian VC" in 2001. [10]
On February 10, 2004, the Cadence Design Systems board of directors elected Tan to the board. [11] Tan became interim co-CEO in October 2008 following the resignation of Michael Fister in October 2008. The Cadence board formally named Tan president and CEO effective January 8, 2009. [12] Under Tan's leadership, Cadence grew its net worth to $1.3 billion by 2012, including $440 million in that year alone. [13] Cadence also expanded its Shanghai office in 2012. [14] In 2013, Cadence purchased private chip design company Tensilica for $380 million. [15] On November 16, 2017, Tan dropped the title of president while remaining CEO of Cadence. [16]
In 2017, the analytics firm Relationship Science named him most connected executives in the technology industry garnering a perfect "power score" of 100. [17]
From 2006 to 2011, Tan was a trustee of Nanyang Technological University in Singapore. [4] Tan also served on the Regent College Board of Governors from 2006 to 2012. [4] Additionally, Tan currently directs the boards of Hewlett Packard Enterprise, Schneider Electric, and Softbank and has served on the boards of Ambarella, Flextronics International, Inphi Corporation, Mindtree, Semiconductor Manufacturing International Corporation, UC Berkeley College of Engineering, and United Overseas Bank. [4] [18] He is also a member of the Committee of 100. [4] As of 2022, he currently sits on the board of directors for Intel Corporation. [19]
Tan has also been an elder at the First Presbyterian Church of Berkeley since the 1990s. [20]
In November 2019, Tan and Cadence Design Systems endowed two computer science professorships for $3 million each at Carnegie Mellon University. [21]
Tan lives in Piedmont, California, with his wife Ysa Loo. They have two grown children. [3]
Nanyang Technological University (NTU) is one of Singapore's two major national universities. Founded in 1981, it is also the second-oldest autonomous university in the country. NTU is frequently ranked within the world's top 30 universities according to most major international rankings, and is widely-considered to be one of the two most prestigious universities in Singapore, the other being the National University of Singapore.
The National University of Singapore (NUS) is a national public collegiate and research university in Singapore. Founded in 1905 as the Straits Settlements and Federated Malay States Government Medical School, NUS is the oldest autonomous university in Singapore. It offers degree programmes in disciplines at both the undergraduate and postgraduate levels, including in the sciences, medicine and dentistry, design and environment, law, arts and social sciences, engineering, business, computing, and music.
Synopsys, Inc. is an American electronic design automation (EDA) company headquartered in Sunnyvale, California, that focuses on silicon design and verification, silicon intellectual property and software security and quality. Synopsys supplies tools and services to the semiconductor design and manufacturing industry. Products include tools for logic synthesis and physical design of integrated circuits, simulators for development, and debugging environments that assist in the design of the logic for chips and computer systems. As of 2023, the company is a component of both the Nasdaq-100 and S&P 500 indices.
Nanyang Polytechnic (NYP) is a post-secondary education institution and statutory board under the purview of the Ministry of Education in Singapore.
Sequoia Capital is an American venture capital firm headquartered in Menlo Park, California which specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. As of 2022, the firm had approximately US$85 billion in assets under management.
The Asian Institute of Management (AIM) is a management school and research institution in Makati, the Philippines. Established in partnership with Harvard Business School, it is one of the few business schools in Asia to be internationally accredited with the Association to Advance Collegiate Schools of Business (AACSB). Stephen H. Fuller of the Harvard Business School was its first president. It was described by Asiaweek magazine as the best in the Asia-Pacific region in terms of executive education.
Cadence Design Systems, Inc., headquartered in San Jose, California, is an American multinational computational software company, founded in 1988 by the merger of SDA Systems and ECAD, Inc. The company produces software, hardware, and silicon structures for designing integrated circuits, systems on chips (SoCs), and printed circuit boards.
Tensilica Inc. was a company based in Silicon Valley in the semiconductor intellectual property core business. It is now a part of Cadence Design Systems.
Semyon Dukach is a Russian-American entrepreneur and former professional blackjack player. He is the founding partner of One Way Ventures, a venture capital fund that backs immigrant entrepreneurs.
Diane B. Greene is an American technology entrepreneur and executive. Greene started her career as a naval architect before transitioning to the tech industry, where she was a founder and CEO of VMware from 1998 until 2008. She was a board director of Google and CEO of Google Cloud from 2015 until 2019. She was also the co-founder and CEO of two startups, Bebop and VXtreme, which were acquired by Google and Microsoft, for $380 million and $75 million.
William Klippgen is a Singapore-based Norwegian entrepreneur and technology venture capitalist who co-founded the price comparison portal Zoomit.com. He served as one of the judges on the television series Angel's Gate, which was broadcast on Channel NewsAsia in 2012. Klippgen is a co-founder and serves as the Managing Partner at Cocoon Capital. He holds an MBA from INSEAD where he is an Entrepreneur in Residence.
Daniel Simon Aegerter is a Swiss businessman and venture capitalist. Formerly founder and CEO of Tradex Technologies, he later founded Armada Investment AG to manage his wealth. He was an early investor in Nutmeg (company), N26, Lilium GmbH, and Commonwealth Fusion Systems.
Walden C. “Wally” Rhines is an American engineer and businessman. Rhines is President and CEO of Cornami, Inc., a fabless semiconductor company focused on fully homomorphic encryption. Previously, he was President and CEO of Mentor Graphics, a Siemens Business for 23 years and Executive VP of the Semiconductor Group of Texas Instruments for 21 years. Rhines was named overall CEO of the Year by Portland Business Journal in 2012 and Oregon Technology Executive of the Year by the Technology Association of Oregon in 2003. He was named an IEEE Fellow in 2017.
Annapurna Labs is an Israeli microelectronics company. Since January 2015 it has been a wholly-owned subsidiary of Amazon.com. Amazon reportedly acquired the company for its Amazon Web Services division for US$350–370M.
Wendy Tan White MBE is a British technology entrepreneur and technology investor. She is the CEO of Intrinsic, a robotics software company under Alphabet Inc.
Rim Jihoon is a visiting professor of management practice in the Department of Management and Organizations at New York University Stern School of Business. He is a former CEO of Kakao (KRX:035720), a South Korean technology company known for its mobile messenger Kakao Talk. His appointment as CEO at 34 years of age made him the youngest CEO among South Korea's top 500 companies.
Chris Rowen is an American entrepreneur and technologist. Rowen is one of the founders of MIPS Computer Systems, Inc in 1984, of Tensilica Inc. in 1997 and of Babblelabs, Inc in 2017. Rowen was named Fellow of the Institute of Electrical and Electronics Engineers (IEEE) in 2016 for leadership in the development of microprocessors and reduced instruction set computers.
Young Sohn (Korean: 손영권) is a Korean-American business executive and investor. He was the president and chief strategy officer of Samsung Electronics. Sohn is also the chairman of the board of Harman International Industries, a subsidiary of Samsung Electronics, and currently serves as Senior Advisor to Samsung.
Anirudh Devgan is an Indian-American computer scientist and CEO. As a scientist, Devgan is known for his contributions to electronic design automation, specifically circuit simulation, physical design and signoff, statistical design and optimization, and verification and hardware platforms. A fellow of the Institute of Electrical and Electronics Engineers, he is also member of the National Academy of Engineering.
Arjun Sethi is an American internet entrepreneur, investor and executive. He is co-founder and partner at venture capital firm Tribe Capital. He previously was partner at Social Capital and served as an executive at Yahoo! where he launched Yahoo! Livetext. Before that, he was co-founder and CEO of MessageMe and he was CEO of Lolapps, the developer behind Ravenwood Fair. In December 2023, he became Tribe Capital's chairman and CIO.