Sandeep Vij is a founder and managing partner of Argean Capital. He is the ex-CEO of MIPS Technologies (NASDAQ: MIPS) where he more than doubled MIPS shareholder value by overhauling the company’s product portfolio, targeting new high-growth markets and executing the only bifurcated sale of an operating business and patent portfolio in the technology industry ($450M). The sales price for the operating business of MIPS increased over 66% through a public bidding war between two public companies. He was selected by EE Times as one of the top “10 CEOs that made a difference.” As VP & GM reporting to the CEO, Sandeep was instrumental in growing Xilinx (NASDAQ: XLNX) from <$500M to almost $2B in revenue by developing a new high-volume products business which has grown to over $1B. At Altera (NASDAQ: ALTR), he helped develop a high-end products business which now generates over $1B in revenue. Sandeep is also a board member of Coherent (NASDAQ: COHR) and its market cap has increased 6X to over $4B during his tenure. Sandeep has a MS Electrical Engineering from Stanford University.
Sam Tyagi is a founder and managing partner of Argean Capital. He has founded/acquired three IT integration and product businesses and subsequently turned around/sold them generating hundreds of millions of dollars in shareholder value, achieving a #2 ranking on Entrepreneur Magazine’s “Hot 100 List.” Sam was founder/CEO of Softline, an IT integration, services and products company in the SAP & Oracle ERP space and a pioneer in hosted managed services which he sold to KPMG Consulting, becoming senior partner & global partner-in-charge of the SAP practice at KPMG. He was then founder/CEO of Systech, an SAP integration and services company, which he sold to ACS, a subsidiary of Xerox. Sam subsequently re-acquired Systech from Xerox, successfully turned it around and sold it to Softtek tripling shareholder value in less than 3 years. During the turnaround Sam focused on financial restructuring including SG&A optimization, solutions restructuring including investing in process-driven solutions vs people-driven, implementing digital governance and continuous improvement solutions. In the course of 3 years, Systech became a true strategic transformation partner to its clients and business experienced healthy growth. Sam is a board member of American Red Cross Silicon Valley and has a MS Mechanical Engineering from Oregon State.
Atiq Raza is a founder and managing partner of Argean Capital. He was CEO of Calient Technologies which he turned around by changing the product and sales strategy and by strengthening the management team. It is currently being sold for a significant shareholder return. Atiq was the Chairman and CEO of NexGen which he turned around by changing the product from a system to a processor to compete directly with Intel, attracting a world-class team, then taking it public and ultimately selling to AMD (NYSE: AMD) for $850M returning over 10X for shareholders. He was the President, COO and board director of AMD during the only time when AMD beat Intel in processor technology and AMD’s stock price went from $9 to over $40. He founded and led a seed investment in RMI which developed the first symmetric multi-threaded processor with integrated capability for networking & security and sold it to Netlogic (NASDAQ: NETL) and ultimately Broadcom (NASDAQ: BRCM) for $4.2B generating over 6X return for shareholders. Atiq has also been a board director for Validity (acquired by Synaptics for $200M), Seeo (acquired by Bosch for $95M), Mellanox (IPO), SiByte (acquired by Broadcom for $2.2B), Siara (acquired by Redback for $4B), VxTel (acquired by Intel for $550M), and Magma (acquired by Synopsys for $507M). Atiq has a B. Sc. (Hon) in Physics from the University of Punjab, B.Sc. (Hon) in Electrical Engineering from the University of London, MS Material Science and Engineering from Stanford University and was on the Stanford University School of Engineering Advisory Board for 8 years.
Because of the diversity of the opportunities that will be addressed, the firm will maintain a flexible approach to the use of advisers and other professionals working on investment opportunities. Contracted outside resources will be used on an as-needed basis for technical and financial due diligence. To support the deal finding effort and to broaden industry expertise, panels will be established to help in targeting opportunities, evaluate their potential and eventually work with them as portfolio companies. The list of such advisers has been identified. Below are three examples of high caliber advisers who have been actively working with Argean for the last 1-2 years.
Brad Buss has been a member of Tesla’s (NASDAQ: TSLA) Board of Directors since November 2009. From August 2014 until his retirement in February 2016, Mr. Buss served as the Chief Financial Officer of SolarCity. Prior to joining SolarCity, from August 2005 to June 2014, Mr. Buss was the Executive Vice President of Finance and Administration and Chief Financial Officer of Cypress Semiconductor Corporation, a semiconductor design and manufacturing company. Mr. Buss served as Vice President of Finance at Altera Corp., a semiconductor design and manufacturing company, from March 2000 to March 2001 and from October 2001 to August 2005. From March 2001 to October 2001, Mr. Buss served as the Chief Financial Officer of Zaffire, Inc., a developer and manufacturer of optical networking equipment. Mr. Buss also serves as a director of Advance Auto Parts, Inc. and CafePress Inc. Mr. Buss holds a B.A. in economics from McMaster University and an honors business administration degree, majoring in finance and accounting, from the University of Windsor.
Bill Kelly has worked in Silicon Valley law and business since 1982 and was the founder and former managing partner of Davis Polk’s Menlo Park office. He also held senior legal and business roles at Silicon Graphics from 1994-99. Bill had leading roles in some of the most significant M&A transactions in Silicon Valley representing clients including Silicon Graphics, Broadcom, Palm, Oracle, Yahoo!, KLA Tencor, LoopNet, Blue Coat Systems, and Affymetrix. He specializes in advising technology companies and their investors in mergers and acquisitions, strategic alliances and corporate governance.
Mike Ross is legal counsel to Argean Capital. He has been a general counsel of high technology companies in Silicon Valley for over twenty-five years. As general counsel for Atmel (NASDAQ: ATML), he participated in scaling their revenue from $60M to over $2B. Mike has successfully completed hundreds of corporate acquisitions/divestitures in the U.S., Asia and Europe with companies such as Motorola, Daimler Benz, Siemens, Hitachi and Honeywell. He has also led initial public offerings, secondary and debenture offerings.