Over the past 35 years, Mr. Nasiri has been a serial entrepreneur in Silicon Valley in semiconductor space with six startups. His most recent venture was InvenSense, which he founded in 2003 and served as the President, Chief Executive Officer and Chairmen from inception until October of 2012 where he decided to step down. Under his leadership, the company became the pioneer and global market leader in motion tracking solutions for motion-based user interfaces in consumer electronic including smartphones, tablets, game consoles, wearable electronics, and more. In November 2011, Mr. Nasiri took the company through the initial public offering (IPO), listed on the New York Stock Exchange (NYSE) under the symbol INVN with nearly $800M market cap.
InvenSense has been recognized by Global Semiconductor Alliance as “The Most Respected Public Semiconductor Company,” and one of the top three best financially managed semiconductor companies with annual sales of up to $500M in 2012. InvenSense was also recognized as the 2nd Fastest Growing Semiconductor Company in North America by Deloitte’s 2012 Technology Fast 500™.
Prior to founding InvenSense, Mr. Nasiri held various key positions as a co-founder and or executive of several pioneering startup companies, including SenSym (acquired by Honeywell), NovaSensor (acquired by General Electric), Integrated Sensor Solutions (acquired by Texas Instruments), ISS-Nagano GmbH, Intelligent Sensing Solutions (acquired by Maxim Integrated), and Transparent Optical Networks. Mr. Nasiri has been the inventor and co-inventor in nearly 100 patents and patent applications, and has authored many papers and articles in MEMS and consumer electronics. In 2010, he was selected by Ernst & Young as Entrepreneur of the year for Northern California and in 2013 he was given Alumni Awards of Distinction by San Jose State University.
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