Adisyn appoints semiconductor industry leader to its board of directors. Pic: Getty Images.
‘Unparalleled expertise’: Adisyn makes key leadership appointment to drive semiconductor innovation
Tech
share
- Kevin Crofton has been chosen to lead Adisyn’s semiconductor innovation strategy
- He hopes to push the boundaries of performance and efficiency
- This appointment underscores the unique opportunities of the market
Special Report: The semiconductor game is on the verge of a demand explosion for chips powering AI and next-gen gadgets, and to help Adisyn forge ahead in the sector, the company has appointed industry veteran Kevin Crofton as non-exec director.
Crofton’s career spans more than three decades with notable management and leadership positions at Nasdaq-listed stocks including Lam Research Corporation, a US $103bn market cap business, and US $101bn market cap company KLA Corporation.
In 2008, Crofton co-led a private-equity-backed buyout of Aviza Technology UK to create what became SPTS Technologies. He was president and managing director there from 2006 to 2020, helping to produce a US$500m turnover.
And as CEO of Comet Group, Crofton led the Swiss-listed semiconductor company and grew revenue to CHF600m (A$1.06b), nearly doubling the EBITDA performance and increasing the company’s market cap 175% to CHF2.2B (A$3.9b).
He has also served on the board of the industry association SEMI International, was founder and chair of the UK’s Compound Semiconductor Applications Catapult and was the advisor to US Senator Mark Warner on the US CHIPS Act and Governor Glenn Youngkin on Virginia’s Semiconductor Initiative.
A ‘history of commercial and technical success’
Adisyn (ASX:AI1) managing director Blake Burton said the company is honoured to welcome Crofton to the board.
“His unparalleled expertise in semiconductors and history of driving companies to commercial and technical success will be invaluable as Adisyn continues its journey,” he said.
“This appointment underscores the unique opportunities we are pursuing in the semiconductor sector.”
US$1.2 trillion market by 2030
Adisyn acquired semiconductor IP business, 2D Generation, in early January to leverage the company’s semiconductor solution and generate opportunities in its target markets including defence applications, data centres and cybersecurity.
2DG has developed a patented solution allowing graphene coating at sub-300 degrees centigrade, an achievement that had never been successfully completed prior to this.
It opens the door to the next generation of semiconductors capable of further miniaturisation, lower power consumption, less heat and greater computational power.
The semiconductor market is thriving as the data and computing power required for generative AI continues to grow exponentially, with experts tipping a US$1.2t market by 2030.
By then, analysts believe semiconductors won’t be just the brains of devices anymore – they’ll be the engine of entire economies.
Revolutionising next-gen semiconductor manufacturing
Adisyn’s newly appointed non-exec director Kevin Crofton said he is delighted to join the company at this exciting juncture in the tech landscape.
“The company’s technology has the potential to revolutionise next-generation semiconductor manufacturing,” he said.
“By collaborating with partners on chip design, lithography and advanced materials like graphene, we aim to extend Moore’s Law and push the boundaries of performance and efficiency.”
This article was developed in collaboration with Adisyn, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
