Tela Adds Experienced Licensing Executive to Management Team

LOS GATOS, CA--(Marketwired - Jan 13, 2014) - Tela Innovations, which provides design solutions to enable continued cost-effective scaling of semiconductor manufacturing, today announced the addition of Ken Dyer as Vice President of Licensing. In this role he will be responsible for overseeing all matters relating to the licensing of Tela's extensive patent portfolio, including negotiating and executing patent license agreements.

"Tela's focus since its founding in 2005 has been to develop fundamental technology related to the design of semiconductors in advanced technology nodes. To date Tela has more than 120 patents issued and a broad pipeline of additional innovations," said Scott Becker, president and CEO of Tela. "Ken brings a unique combination of experience and credentials along with a successful track record in monetizing patent portfolios for innovations in semiconductor technology to the Tela team."

Tela has been ranked by IEEE Spectrum magazine as being among the leaders of the semiconductor and electronics industry for the quality and potential impact of its patents. In 2012 the prestigious organization ranked the company 11^th overall in the semiconductor industry, on the strength of the quality of its innovations, which are seen as having long-term impact on addressing key challenges in semiconductor manufacturing.

Before joining Tela, Dyer was a licensing executive at Intellectual Ventures where he was responsible for all aspects of negotiating licenses with numerous companies in Asia and the United States. During his six years at Intellectual Ventures he played a major role in establishing and executing their licensing strategy with respect to the semiconductor and consumer electronics industries.

Earlier in his career, Dyer represented clients in patent litigation, licensing and other patent related matters as a partner at Perkins Coie LLP and as an associate at both Kirkland & Ellis LLP and Wilson Sonsini Goodrich & Rosati. Prior to his entry into private legal practice Dyer served as a submarine officer in the United States Navy.

He holds a J.D. from Harvard University and a B.S. in Systems Engineering from the United States Naval Academy.

About Tela
Tela Innovations is a privately-held company based in Los Gatos, California that provides solutions addressing the challenge of scaling semiconductor design and manufacturing to advanced process nodes. Tela was founded in 2005 by a team of experts in semiconductor IP, design automation and process technology, and is backed by a number of venture firms and corporate investors, including Intel Capital, Cadence Design Systems, KT Venture Group, LLC, the investment partner of KLA-Tencor Corporation, and Qualcomm Incorporated. For more information on the company visit www.tela-inc.com.

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