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Semiconductor industry

Credence Systems Corporation Appoints Lavi Lev as New President and CEO

Strategic Insights

— 1 min read

Credence Systems Corporation, a leading provider of test solutions for the semiconductor industry, has appointed Lavi Lev as its new President and CEO, succeeding Dave Ranhoff. Lev brings over 20 years of experience in the design tool and semiconductor industries, having worked at prominent companies such as National Semiconductor, Intel, and Cadence Design Systems. His background in product development, management, and business development positions him well to lead Credence in its next phase of development, focusing on building products that will expand the company's business.

Key Takeaways:

  • Lavi Lev has been appointed as the new President and CEO of Credence Systems Corporation, succeeding Dave Ranhoff.
  • Lev has over 20 years of experience in the design tool and semiconductor industries, having worked at companies such as National Semiconductor, Intel, and Cadence Design Systems.
  • As Executive Vice President and General Manager of the Products and Solution business at Cadence Design Systems, Lev had responsibility for Cadence's worldwide product portfolio.
  • The company has announced that it will focus on the next phase of development, building products that will expand its business and address design-to-production test challenges faced by customers.
  • Credence Systems Corporation is a leading provider of debug, characterization, and ATE solutions for the global semiconductor industry.
  • The company has a commitment to applying innovative technology to lower the cost-of-test, providing competitive cost and performance advantages to integrated device manufacturers (IDMs), wafer foundries, outsource assembly and test (OSAT) suppliers, and fabless chip companies worldwide.

Statistics:

  • Credence Systems Corporation has over 20 years of experience in the semiconductor industry.
  • The company has a global presence, with operations in over 10 countries worldwide.
  • Credence has a workforce of over 500 employees, with a diverse array of expertise in the design tool and semiconductor industries.

Sources:

  • Credence Systems Corporation press release, dated December 7, 2006.
  • Credence Systems Corporation website, http://www.credence.com/ (accessed December 7, 2006).

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