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Efinix appoints Kate Schuelke to Board of Directors. October 20, 2026 at 12:00 PM EDT i This article is third-party content and does not represent the views of this site. Tamar Securities, LLC make no guarantees regarding its accuracy or completeness. Former Seagate Chief Legal Officer and Altera General Counsel brings deep semiconductor, governance, and cybersecurity expertise to the Efinix board Efinix(R), Inc., the FPGA pioneer accelerating edge AI innovation, today announced that Kate Schuelke has joined its Board of Directors. Schuelke is an accomplished technology executive and public company director with more than three decades of experience spanning the semiconductor and broader technology industries. Throughout her career, she has held senior leadership roles guiding global organizations through complex legal, regulatory, governance, and business challenges, bringing a deep understanding of the strategic and operational issues facing technology companies. Schuelke currently serves on the board of directors of SiTime Corporation (Nasdaq: SITM), a semiconductor company serving AI data center, communications, automotive, industrial automation, and aerospace and defense markets, where she chairs the Nominating and Corporate Governance Committee and is a member of the Compensation Committee. She is a National Association of Corporate Directors (NACD) Certified Director and an Executive Advisor in the Corporate practice at Wilson Sonsini Goodrich & Rosati, advising general counsel, senior executives, and boards on legal, governance, and strategic matters. She also serves on the Nominating and Governance and Network Development Committees of American Leadership Forum Silicon Valley, a non-profit organization. "Kate has spent her career at the center of our industry, with deep roots in FPGAs from her years at Altera," said Sammy Cheung, Efinix co-founder and CEO. "Her expertise in corporate governance, intellectual property, cybersecurity, and international compliance is exactly what Efinix needs as we enter our next stage of development. Kate's judgment and perspective will be invaluable to our board and we are delighted to welcome her." Schuelke previously served as Senior Vice President, Chief Legal Officer and Corporate Secretary at Seagate Technology (Nasdaq: STX), the global leader in data storage. Serving on the executive leadership team, she led legal, compliance, global trust and security, and government affairs, managing a global organization of more than 300 professionals. She also co-led Seagate's Enterprise Security Risk Management program, covering data privacy, cybersecurity, product security, and supply chain security, as well as its Enterprise Crisis Management Program. Before Seagate, Schuelke spent two decades at Altera Corporation, where she rose to Senior Vice President, General Counsel and Corporate Secretary. Reporting to the CEO, she was responsible for the legal, internal audit, and compliance functions of a semiconductor company with more than 3,000 employees in 19 countries, and she chaired Altera's Information Security Committee. She established and managed the company's internal audit department, including Sarbanes-Oxley testing and financial, regulatory, ethics, and operational audits. She also negotiated the $16.7 billion sale of Altera Corporation to Intel. Earlier in her career, Schuelke was a litigator at Morrison & Foerster. "I am honored to join the Efinix board at such an important point in the company's development," said Schuelke. "Over my career in the FPGA and technology industries, I have worked with leadership teams and boards on governance, intellectual property, and corporate transactions. I look forward to putting that experience to work alongside Sammy, the management team, and my fellow directors in support of Efinix's next stage of development." Schuelke holds a J.D. from New York University School of Law, where she was a member of the NYU Law Review, and a B.S. in Economics from the University at Buffalo, where she graduated summa cum laude and Phi Beta Kappa. About Efinix Efinix(R) accelerates edge AI innovation through its disruptive FPGA architecture and solutions. The company delivers energy-efficient, high-performance FPGA for AI-driven markets including industrial automation, machine vision, automotive systems, physical AI, and edge computing. Efinix provides a complete development ecosystem including the Efinity(R) Integrated Development Environment for FPGA design from RTL to bitstream, and Sapphire SOC solutions for embedded processor and AI acceleration from C/C++ and AI model garden to execution. For more information, visit www.efinixinc.com. Contacts. Media Contact: Robert Beachler Efinix Inc. [email protected] +1 650 793 8219 Report this content If you believe this article contains misleading, harmful, or spam content, please let Tamar Securities, LLC know.

Nishit Sahay appointed Chief Information Officer at Altera. September 30, 2026 Nishit Sahay has joined Altera as Chief Information Officer, where he will lead the company's global technology strategy and IT organisation. His responsibilities will focus on strengthening cybersecurity, expanding the use of data and advancing enterprise AI, while building a secure and scalable technology foundation for the company. Altera announced Sahay's appointment on September 28, 2026. In his new role, he will oversee the company's IT organisation and work on technology initiatives supporting its operations and long-term growth. His mandate brings together enterprise technology, cybersecurity, data and AI capabilities. Sahay joins Altera from Marvell Technology, where he served as Senior Vice President and Chief Information Officer. At Marvell, he was responsible for the company's corporate IT organisation, Data Office and Enterprise AI initiatives. His work included driving digital transformation, business process optimisation and technology integration across the organisation. Before Marvell, Sahay held a technology leadership role at Maxim Integrated, where he worked on digital transformation initiatives focused on improving business operations and efficiency. His broader career has included experience with SAP, The Coca-Cola Company and LTI - Larsen & Toubro Infotech, giving him exposure to enterprise technology, business systems, supply chain analytics and technology transformation. His professional experience spans several areas, including enterprise IT, cybersecurity, data and AI transformation, SAP implementation, technology integration and business process optimisation. This background has included working across technology functions as well as using data and digital systems to support business operations. Sahay's appointment comes as Altera continues to develop its technology capabilities as an independent FPGA company. Altera became an independent company following Silver Lake's acquisition of a 51% stake from Intel in September 2025, with Intel retaining a 49% stake. The company describes itself as the largest pure-play FPGA provider, offering programmable compute and connectivity solutions for applications including data centres, communications networks and embedded systems. Altera has also been expanding its focus on AI-enabled systems. In April 2026, the company introduced its FPGA AI Suite release focused on physical AI systems, while its broader product portfolio serves applications across AI, data centres, communications, industrial systems and other technology markets. Commenting on the appointment, Raghib Hussain, President and CEO of Altera, said, "Nishit is an accomplished technology leader who understands how to turn digital strategy into meaningful results," adding that his experience in enterprise transformation and AI initiatives would support Altera as it strengthens infrastructure, simplifies operations and equips teams with improved tools. Sahay holds a Master of Science in Data Science from the University of California, Berkeley, a Master's in Technology Management from The Wharton School/SEAS at the University of Pennsylvania, and a Bachelor of Engineering in Electronics Engineering from Nagpur University. As CIO, Sahay will lead Altera's global technology strategy while overseeing IT, with cybersecurity, data and enterprise AI forming key areas of responsibility. His appointment adds his experience in enterprise transformation and AI-led technology initiatives to Altera's leadership team as the company continues to build its technology infrastructure and - Advertisement -

Altera partners with Rutronik to broaden FPGA distribution across Europe. Altera Corporation and European electronics distributor Rutronik have signed a strategic distribution agreement aimed at expanding customer access to Altera's FPGA portfolio across Europe. The agreement adds Rutronik to Altera's distribution network as the FPGA company expands its multi-distributor strategy. The companies said the partnership will give customers greater purchasing flexibility, technical support and supply-chain options across the European market. Rutronik will combine its regional distribution network with technical expertise to support customers using programmable logic devices in applications ranging from industrial automation and communications to edge AI and embedded systems. "As an independent FPGA company, Altera is focused on delivering the solutions customers need to innovate faster," said Thomas Boudrot, head of EMEA sales at Altera. He said Rutronik's technical sales team and focus on customer support would add to Altera's channel ecosystem. Rutronik's field application engineers and technical sales teams cover programmable logic, embedded architecture, power management, connectivity and system-level design. The distributor will also leverage its Rutronik System Solutions platform, which provides reference designs, development platforms and application-specific technical guidance. The companies said these resources are intended to simplify FPGA implementation, reduce development risks and support customers through different stages of the product lifecycle. "The addition of Altera significantly strengthens Rutronik's semiconductor portfolio and enhances our ability to support customers developing next-generation intelligent systems," said Reza Armin Maghdounieh, vice president of product marketing, semiconductors, at Rutronik. The partnership comes as programmable technologies are being used across a broader range of applications, including edge AI, industrial automation, machine vision, communications infrastructure and high-performance embedded systems. Altera and Rutronik said the agreement will provide customers across Europe with access to FPGA technologies and engineering support for industrial automation, smart mobility, communications, medical technology and edge AI applications.