Telit acquires GainSpan to extend end-to-end IoT solutions reach

Telit, a global enabler of the Internet of Things (IoT), announced on February 1, 2017 that it has agreed to acquire Silicon Valley-based GainSpan Corporation. The acquisition positions Telit to expand its complete end-to-end IoT solutions portfolio and address the growing market of battery-powered devices that rely on Wi-Fi and other low-power technologies.

Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement. The company offers the industry’s broadest portfolio of integrated products and services for end-to-end IoT deployments – including cellular communication modules in all technologies, GNSS, short-to-long range wireless modules, IoT connectivity plans and IoT platform services.


Products: Ultra-low power wireless modules, development kits, and software solutions for the IoT

Greg Winner

President & CEO

Greg Winner has more than 30 years of semiconductor experience, with emphasis on product development and operations. Most recently, Greg held the position of CEO for ZeroG, a privately held semiconductor company focused on Wi-Fi for the embedded space. Previously, he was the General Manager of the GPS Business Unit at Atheros Communications, Inc. and was formerly CEO at uNav Microelectronics, a privately held semiconductor startup focused on GPS solutions, which was acquired by Atheros. He also served as Sr. Vice President, Engineering and Quality for Applied Micro Circuits, Corp where he managed product development, central engineering, quality and operations related functions for the optical communication IC market. During his previous 17-year tenure at Silicon Systems Inc., Greg held several management positions that included the development of high performance analog, mixed-signal and digital integrated circuits for Storage applications. Greg holds an MSEE from Stanford University and a BSEE from University of California, Los Angeles.

Michael Hutchinson

Chief Financial Officer

Mike Hutchinson joined Gainspan as Chief Financial Officer in March 2015 with over 25 years of experience in high-growth startups and publicly traded companies. Prior to GainSpan, Mike was Vice President of Finance for Vocera Communications, Inc., where he established and led the finance and accounting operations to scale revenues from $3M to $100M+, culminating in a successful IPO in March 2012. Mike also spent three years leading sales and service operations as Managing Director for their UK subsidiary. Previously, Mike led finance organizations at startups Euclid Network Solutions and, and served in financial management roles for 3Com and Price Waterhouse Coopers, specifically in their business turnaround group. He began his career as an auditor with KPMG Peat Marwick. Mike holds an MBA from The Anderson School at UCLA and two bachelor’s degrees in Accounting and Construction Engineering Management from Oregon State University.

Bob Twomey

Senior Vice President, Worldwide Sales

Bob Twomey brings more than 29 years of sales and sales management experience to the Gainspan organization. He directs all aspects of GainSpan’s global sales, including Tier 1 and strategic customer engagement, and manages the company's network of distributors and representatives. He has extensive expertise in wireless and Wi-Fi technology from his days at Agere Systems, Airgo Networks and Qualcomm. Bob was most recently Vice President of Worldwide Sales at HMicro, Inc. In the past 11 years as worldwide sales leader, Bob has generated significant shareholder value for companies such as sTec, which was acquired by Western Digital/HGST, Luxtera, Inc. (acquired by Molex), and Airgo Networks (acquired by Qualcomm). His work has included pioneering innovative wireless MIMO technologies into volume revenue, managing sales/FAE teams, building sales teams internationally, and establishing personal contacts with CXO level personnel in the industry. Bob hold a bachelor's degree in marketing and sales management from The Whitman School of Management at Syracuse University in New York.

Brent Little

Vice President, Marketing

Brent Little leads product marketing and applications engineering for GainSpan. Before joining the company Brent spent several years as an entrepreneur, business consultant and math and science teacher. Prior to that he served as Sr. Vice President, Marketing and General Manager at Applied Micro Circuits Corp, where during his 14 year-tenure he was instrumental in growing the company’s revenues nearly 10 fold and completing a successful IPO while overseeing marketing, mergers & acquisitions, systems engineering, and applications engineering. Brent started his career as a systems and project engineer in the defense industry working for several years on electronic warfare and sonar systems for the Department of the Navy. He holds a BSEE from the University of California and successfully completed the Executive Program for Scientist and Engineers (EPSE) from UC San Diego.

Pankaj Vyas

Vice President, Software & Systems; Managing Director, GainSpan India (Bangalore)

Pankaj Vyas has more than 20 years of engineering and management experience in the networking and software technology industries and particular expertise in routing protocols, IPv6, mobile IP, security protocols and ATM, and he holds several patents in networking. Pankaj led the software and systems engineering team of the business group at Intel that was spun out to form GainSpan. Prior to Intel, he worked as a senior manager at Cisco Systems, where he successfully built and led engineering efforts for developing and supporting networking products in multiple domains, including ATM, security control, and managed network services. Pankaj holds a BE, Computer Science, from the Birla Institute of Technology and Science, Pilani.

Richard Najarian

Vice President, Solutions Marketing

Richard Najarian leads the platform solutions marketing team and brings more than 15 years of experience in the wireless semiconductor industry, driving business development and product marketing for highly successful companies. Previously, Richard was the Senior Director of Marketing for Broadcom Corporation where he was responsible for its WLAN connectivity business addressing retail and service provider markets. Richard was Vice President of Sales and Business Development for a privately held Silicon Valley semiconductor startup that developed leading assisted-GPS chipset solutions and location-based services. He drove Global Locate's successful product and business strategy leading to the acquisition by Broadcom Corporation. Richard holds a BSEE from the University of California, Los Angeles.

Greg Winner

President & CEO

Greg Winner has more than 30 years of semiconductor experience, with emphasis on product development and operations. Most recently, Greg held the position of CEO for ZeroG, a privately held semiconductor company focused on Wi-Fi for the embedded space. Previously, he was the General Manager of the GPS Business Unit at Atheros Communications, Inc. and was formerly CEO at uNav Microelectronics, a privately held semiconductor startup focused on GPS solutions, which was acquired by Atheros. He also served as Sr. Vice President, Engineering and Quality for Applied Micro Circuits, Corp where he managed product development, central engineering, quality and operations related functions for the optical communication IC market. During his previous 17-year tenure at Silicon Systems Inc., Greg held several management positions that included the development of high performance analog, mixed-signal and digital integrated circuits for Storage applications. Greg holds an MSEE from Stanford University and a BSEE from University of California, Los Angeles.

Stephen J. Socolof

Managing Partner, New Venture Partners

Stephen J. Socolof has spent his career focusing on corporate innovation. In 2001, Mr. Socolof and his colleagues formed New Venture Partners as an independent venture fund to partner with and support global technology corporations in bringing to market their internal innovations through the creation of spinout ventures.

Prior to forming New Venture Partners, he joined Lucent Technologies in 1996 to plan for and, in 1997, establish the Lucent New Ventures Group responsible for developing spinout ventures to commercialize technology from Lucent's Bell Labs. Under the leadership of Mr. Socolof and his partners, the Lucent New Ventures Group became the benchmark corporate venture organization for external commercialization of internally-developed technology.

Before joining Lucent, Mr. Socolof spent eight years with management consulting firm, Booz, Allen & Hamilton Inc., where he was a leader of the practice focused on enhancing corporate innovation and increasing the productivity of the R&D organization. He worked with many global technology corporations to improve the return on their R&D investments by enabling them to identify and bring new products and businesses to market more quickly and successfully.

At New Venture Partners, Mr. Socolof leads deals in semiconductors, software, storage, and wireless. In addition to GainSpan, he serves on the boards of InPhase Technologies, Inc. and Procelerate Technologies, and is a board observer at DAFCA, Inc., Silicon Hive, and Veralyte. Mr. Socolof holds a BA in Economics and a BS in mathematical sciences from Stanford University and an MBA from The Amos Tuck School at Dartmouth College, where he was a Tuck Scholar. He currently serves on the board of the Center for the Study of Private Equity at the Tuck School.

Larry Finch

Managing Director, Sigma Partners

Larry Finch joined Sigma Partners in 1987. He is a true pioneer of the high technology industry and has more than 40 years of experience in founding, managing and financing businesses. Throughout his career, Finch has served in roles as technologist, worldwide sales and marketing executive, and general manager of businesses units. He tracks a wide range of technologies, but tends to specialize in semiconductors, fabless semiconductors, and business software.

Most recently, Mr. Finch was President and CEO of Paradise Systems, Inc. When he joined Paradise in 1984, it was a troubled venture capital-financed startup with annual revenues of $4 million. In two and one-half years, he established the company as the worldwide premier supplier of IBM-compatible personal computer video controllers. He then sold the company in 1986 to Western Digital Corp. for $70 million in stock. Prior to Paradise, he was the founder, President and CEO of Shasta General Systems, Inc., a seller of small business computer systems, which he grew to $20 million in revenues and then sold to Zentec Corp. in 1983. Before founding Shasta, he held senior management positions with Singer Business Machines and Friden, Inc.

Carl Showalter

Founding Partner, Opus Capital

Carl Showalter is a General Partner at Opus Capital, with more than 12 years of executive experience from innovative and market-making technology companies such as Juniper Networks and UUNET.

Carl's current areas of interest include the Internet of Things, enterprise SaaS, next generation wireless, and data center/cloud infrastructure software.

Before joining Opus Carl was a General Partner with Lightspeed Venture Partners. Prior to this Carl served as Vice President of Marketing at Juniper Networks, where he built and led a global marketing and product management organization. Before Juniper, Carl was Vice President of Dial and Broadband Services for UUNET, overseeing the 300-person, $1B revenue division.

He also held various sales and management positions at ANS, an AOL company, where he helped build AOL's modem access network and then helped launch hardware-based firewalls and IP VPNs in the mid 1990's. Carl began his career at Bellcore, focusing on network security and data service delivery. At Bellcore, Carl performed logical and physical attacks on phone company infrastructure, helping them fix these vulnerabilities.

Carl holds a BS degree in Systems Engineering from the University of Virginia and an MS degree in Engineering-Economic Systems from Stanford University.

Ahmed Nawaz

Former Executive VP, Spansion Inc.

Ahmed Nawaz is an industry veteran, with more than 30 years of experience leading and managing large global operations in the semiconductor and wireless industries. He has extensive multinational sales and product management expertise, particularly in Asia Pacific.

Most recently, Mr. Nawaz served as Executive Vice President, Wireless Solutions Group at Spansion Inc. from October 2010 until his retirement in November 2011. He joined Spansion in 2006 and served in various positions including Executive Vice President of Worldwide Sales, Marketing and Corporate Development and Executive Vice President, Wireless Solutions Division. Before joining Spansion, he was Executive Vice President, Worldwide Sales for Agere Systems, a provider of integrated circuit solutions. Prior to that, Mr. Nawaz was President, Worldwide Sales, Strategy and Business Development of Lucent’s Microelectronics & Communications Technologies Group and before that President of the Integrated Circuits Division. He joined AT&T in 1992 and moved to Lucent following its spin-off from AT&T in 1996. Earlier in his career, He has also held various management positions with Texas Instruments. Mr. Nawaz has been on the Board of Directors of Digi International since 2006 and currently serves as lead director of the Board.

John Stockton

Venture Partner, Mayfield Fund

John Stockton is a semiconductor industry veteran who currently works with development-stage companies in the fields of semiconductors, MEMS, Intellectual Property and EDA. While Mr. Stockton spends most of his time working directly with these startup companies, he also serves as a Venture Partner with Mayfield Fund, where he evaluates and manages portfolio investments. Previously, he served as Chairman and Interim-CEO of ARC International plc, CEO of Synergy Semiconductor, CEO of Stream Machine and Fellow at VLSI Technology.

In addition to GainSpan, Mr. Stockton is involved with Ubicom (consumer-grade Network Processing company), Camgian Networks (Defense-related low power sensor company), LatticePower (Nanchang-based GaN on Silicon LED company), and ShineOn (Beijing-based LED packaging company).


Intel Capital

Intel Capital, Intel's strategic investment program, is one of the largest global corporate venture programs investing in the technology segment. Its mission is to make and manage financially attractive investments that support Intel's strategic objectives.

New Venture Partners LLC

New Venture Partners LLC, the only global venture capital firm dedicated to corporate technology spinouts, has over $650 million under management. New Venture Partners provides a bridge between technology corporations and traditional venture capital. Through its unique, hands-on approach, the firm offers a systematic process for commercializing innovations and provides an alternative path to market for corporate technologies. Working with its established network of corporate partners and world-class R&D labs, including British Telecom, Lucent/Bell Labs, Philips Electronics, and others, New Venture Partners has an unmatched track record of transforming technologies from corporate R&D labs into successful spinouts, and has become the benchmark for corporate spinout venturing.

Opus Capital

Opus Capital

Opus Capital is a venture capital firm with more than $1 billion capital under management, investing in committed, high integrity entrepreneurs building early-stage technology companies. The team has participated in the successful outcomes of more than 80 companies (including 50 IPOs) in the U.S. and in Israel including AirGate PCS, Electronics for Imaging, FedEx, Genesys, Harmonic, Precept Software and Vantive. Opus Capital is headquartered on Sand Hill Road in Menlo Park, California. For more information, visit

Sigma Partners

Sigma Partners

Founded in 1984, Sigma Partners is a leading early-stage venture capital firm. The Sigma team uses their deep operational experience to provide entrepreneurs with practical strategic counsel through every phase of company growth. With over $1.5 billion under management and bicoastal offices, Sigma invests in innovative technology startups across the United States. Some of the market-leading companies in which Sigma has invested include Atria, Cascade, Clarify, Internet Security Systems, KLA-Tencor, Octel, VeriFone, Vermeer, and Vignette. For more information, please visit

Camp Ventures

Camp Ventures

CampVentures is a true seed-stage venture capital firm. We engage with great companies in their earliest stages of development. For such companies, we lead seed rounds on the order of $500 to $1.5M. Once invested, we work intensely with our companies to prepare them for their next rounds of financing, which are nearly universally led by top-tier venture capital firms. We also "hold back" capital sufficient to participate alongside these firms in all future rounds of financing. Camp Ventures strives to be the first stop for the very best entrepreneurs with the very best ideas, when they're just getting their companies off the ground.


Zebra Technologies

A global leader respected for innovation and reliability, Zebra offers technologies that give a virtual voice to an organization's assets, people and transactions, enabling organizations to unlock greater business value. The company's extensive portfolio of marking and printing technologies, including RFID and real-time location solutions, illuminates mission-critical information to help customers take smarter business actions.



MivaTek is a leading Web 3.0 mobile interactive video alarm, awareness and assurance service company for comprehensive and affordable video integrated home-security, home-safety, automation and health-care solutions and services with a single mobile-app. MivaTek offers mobile interactive in-app-in-view action controls including video-sensor collaboration, video alarm and alerts, local and cloud recording, data retrieving and sharing, and big data applications. Its patented zero pairing technology auto-configures out of the box IoT devices in minutes during activation. MivaTek’s mobile cloud and intelligent proximal network enables collaboration among sensors, videos, and mobile devices with 24/7 coverage of mobile-push siren and video to multiple users at once to avoid false alarms and substantially shorten the response time. With dual hardware firewall, anti-hacking software protection and bank level encryption, MivaTek provides ultra-secure video privacy to end users.



In-Q-Tel is the not-for-profit, strategic investment firm that works to identify, adapt, and deliver innovative technology solutions to support the missions of the U.S. Intelligence Community. Launched in 1999 as a private, independent organization, IQT’s mission is to identify and partner with companies developing cutting-edge technologies that serve the national security interests of the United States. Working from an evolving strategic blueprint defining the Intelligence Community’s critical technology needs, IQT engages with entrepreneurs, startups, researchers, and investors to deliver technologies that provide superior capabilities for the CIA and broader Intelligence Community. For more information, visit

Hatteras Venture Partners


Hatteras Venture Partners is a venture capital firm based in Research Triangle Park, NC, with a focus on biopharmaceuticals, medical devices, diagnostics, and related opportunities in human medicine. Founded in 2000, the firm consists of an experienced team with a broad and complementary skill set that is particularly relevant to building successful new biomedical companies. The Hatteras Venture Partners team brings operational experience, a successful track record, and a proven ability to enhance the value of the companies in which it invests. With four funds, the firm has more than $200 million under management. Core to the mission of Hatteras Venture Partners is a belief that entrepreneurial innovation will create valuable new products that will transform the practice of medicine and create value for our investors. As entrepreneurs, operators, and investors, we are dedicated to the success of our companies and to the men and women who create them.

Mobile Internet Capital

Mobile Internet Capital

Mobile Internet Capital is a venture capital firm established by NTT DOCOMO, Internet Research Institute, Inc. and Mizuho Securities Co., Ltd. to incubate venture companies developing advanced technology, contents, services in Mobile/Internet and related fields. MIC's No.2 fund, 'MIC Asia Technology Limited Liability Fund', focuses on high growth markets, especially China. MIC actively invests in promising China venture companies, and supports such companies' business expansion in Japan and also Japanese venture companies' business expansion in China.

Long Trump Corporation

Long Trump Corporation

Long Trump Corporation, established in 1985, is a professional electronics components distributor. Responding to the global trend, Shenzhen and Shang-Hai branches were established in 1998 and 2002. To provide enhanced service and support to customers in Taiwan, it established Jhih Hong Technology Co., Ltd in 2003.



Macnica is a global leader in supplying semiconductor, electronic components, network equipment, software products and various services to customers worldwide in the electronics and enterprise IT markets. In addition to global supply chain logistics in Japan, China, Asia, North America, South America, and Europe, Macnica offers world-class technical support to its customers. Founded in 1992, Macnica uses its systems expertise to propose new standards and applications, and develop key intellectual property for emerging markets and applications, making it easier for customers to address these new markets.

Kevin J. Negus

Kevin J. Negus received the Ph.D. degree in Engineering from the University of Waterloo in Canada in 1988. From 1988 to 1998 he held various R&D management positions with the Hewlett-Packard Company where he led the development of RF chipset solutions for systems such as GPS, GSM, IS-54, IS-95, DECT and 802.11. From 1998 to 2002, Kevin was the Chief Technology Officer of Proxim Corporation in Sunnyvale, CA where he was responsible for core technology strategy including silicon development, acquisitions, standards participation and intellectual property licensing. He has published more than 40 technical papers and holds several US patents. Kevin's base office is in Hyattville, Wyoming where he and his wife Eva run a working cattle ranch. He is currently a General Partner with Camp Ventures in Los Altos, CA (a venture capital investment firm specializing in early-stage technology startup companies), a management advisor to SiTime and Mojix, and a consultant on IP litigation matters to multiple clients. Kevin was also formerly a member of the FCC's Technical Advisory Committee, a member of the Wyoming State Telecommunications Council, Executive Chairman of WiDeFi (acquired by Qualcomm in 10/07), and a management advisor to several successful startups including Resonext Communications (acquired by RF Micro Devices in 12/02), Athena Semiconductor (acquired by Broadcom in 10/05), and Quorum Communications (acquired by Spreadtrum in 1/08).

Help shape the next 50 billion IoT devices with us!

We offer the opportunity to work with a team of exceptionally smart people in a fast-paced, innovative environment. We are engineers, scientists, and business managers from around the world focusing on a single goal – to help shape the Internet of Things, from the connected home and smart city to industrial applications. We offer competitive salaries and benefits. We’re currently adding staff in Bangalore, India; Taipei, Taiwan; and San Jose, California. Check out our jobs below.