Silverback Systems has named Ahmet Houssein as its new president and CEO starting immediately. The company stated that Houssein will be "instrumental in further enhancing Silverback's market position."
Founded in July 2000 by an Israeli team, Silverback Systems designs, develops and markets the iSNAP brand storage network access processor product family. The company is based in Campbell, Califorina, with a design center in Rochester, Minnesota.
Investors include China Development Industrial Bank (CDIB), Excelsior Venture Partners III LLC, a private equity fund managed by US Trust, Intel Communications Fund, JP Morgan Partners, Newbury Ventures, along with Israel's Gemini Israel Fund and Pitango Venture Capital.
Houssein was most recently with Adaptec as vice president and general manager of their storage solutions group, where he implemented the company's end-to-end, storage solutions strategy, including the industry's first, serial-attached, SCSI RAID and I/O products.
In addition to his track record at Adaptec, Houssein was with Intel for several years as general manager of the home server operations and as strategic marketing director for the enterprise server group. Prior to that, he has also held senior management positions with Zenith Data Systems and Bull HN.
Houssein has served on the board of directors for Storage Networking Industry Association (SNIA), 1997-1999, and on the steering committee for I2O industry association, 1997-1998.
Published by Globes [online], Israel business news - www.globes.co.il - on Wednesday, April 20, 2005