Edward Botwinick

Last updated
Edward Botwinick
NationalityAmerican
Education Columbia University (BA, BS)
Occupation(s)IT Entrepreneur, investor
Employer Unisys
Known forFounding Timeplex
Relatives James Wolfensohn (brother-in-law)

Edward Botwinick is an American businessman, investor, and IT industry entrepreneur. [1]

Contents

Biography

Botwinick graduated from Columbia College with a BA in 1956 and the Columbia School of Engineering and Applied Science with a BS in 1958. [2]

Upon graduating from Columbia, Botwinick worked for US Semiconductor Corporation before co-founding Silicon Transistor Corporation. After the company went public, it was acquired in 1963. From 1963 to 1967, Botwinick was president and a shareholder Quantum Inc. He then joined Goldman Sachs as Vice President of high-tech investment research and venture capital. [1] [3]

At Goldman, Botwinick, he learned of the opportunity to invest in American Data Systems, the company behind Time-division multipliers. [1] He then invested, and co-founded Timeplex and became chairman and CEO of the company in 1977. [4] [5] In the next few years, he led the company to launch a number of successful statistical multiplexer products, including the T-1 multiplexers, and made it one of the first companies to use microprocessors in its systems. [6] [7]

In 1987, Unisys acquired Timeplex for $307 million and Botwinick became Senior Vice President of Unisys and President of Unisys Networks. [1] [8] [9] He retired from Unisys in 1989. [10]

Botwinick sat on the board of Duke Cancer Institute and Lamont–Doherty Earth Observatory, and was a trustee of Columbia University. [7] [2] He currently serves as a president of the Botwinick-Wolfensohn Foundation. [11] [12]

Personal life and family

Botwinick's father was Benjamin Botwinick, businessman and philanthropist who founded Benjamin Botwinick & Co., a New York City accounting firm. [13] His sister, Elaine Botwinick, was married to World Bank president James Wolfensohn. [14] [15]

References

  1. 1 2 3 4 Botwinick, Edward interview. Edward Botwinick , James L. Pelkey. Woodcliff Lake, NJ: Computer History Museum. 1988-03-10.{{cite book}}: CS1 maint: others (link)
  2. 1 2 Columbia College (Columbia University). Office of Alumni Affairs and Development; Columbia College (Columbia University) (1988). Columbia College today. Columbia University Libraries. New York, N.Y. : Columbia College, Office of Alumni Affairs and Development.
  3. Pelkey, James L.; Russell, Andrew L.; Robbins, Loring G. (2022-04-19). Circuits, Packets, and Protocols: Entrepreneurs and Computer Communications, 1968-1988. Morgan & Claypool. ISBN   978-1-4503-9729-2.
  4. "Timeplex | History of Computer Communications". historyofcomputercommunications.info. Retrieved 2022-06-29.
  5. Computerworld. International Data Group. 1981-02-23.{{cite book}}: CS1 maint: others (link)
  6. Network World. IDG Network World Inc. 1986-11-10.
  7. 1 2 "Columbia Engineering Magazine - Spring 2012 by Columbia Engineering School - Issuu". issuu.com. 7 March 2012. Retrieved 2022-06-29.
  8. "TIMEPLEX-CENTRED UNISYS NETWORKS WILL LEAD BIDS FOR CORPORATE NETWORK SALES". Tech Monitor. 1988-02-15. Retrieved 2022-06-29.
  9. Enterprise, I. D. G. (1988-02-08). Computerworld. IDG Enterprise.
  10. "EXECUTIVE CHANGES". The New York Times. 1989-02-16. ISSN   0362-4331 . Retrieved 2022-06-29.
  11. Roberts, Ken Schwencke, Mike Tigas, Sisi Wei, Alec Glassford, Andrea Suozzo, Brandon (2013-05-09). "Botwinick Wolfensohn Foundation Inc - Nonprofit Explorer". ProPublica. Retrieved 2022-06-29.{{cite web}}: CS1 maint: multiple names: authors list (link)
  12. "The Trustees Emeriti | Office of the Secretary". secretary.columbia.edu. Retrieved 2022-06-29.
  13. School, Columbia Business (2017-06-12). "About Benjamin Botwinick '26". The Sanford C. Bernstein & Co. Center for Leadership and Ethics. Retrieved 2022-06-29.{{cite web}}: |first= has generic name (help)
  14. "Elaine Wolfensohn | Albright Institute". www.wellesley.edu. Retrieved 2022-06-29.
  15. Hershey, Robert D. Jr. (2020-11-26). "James D. Wolfensohn, Who Led the World Bank for 10 Years, Dies at 86". The New York Times. ISSN   0362-4331 . Retrieved 2022-06-29.