Neumonda brings Intelligent Memory to Americas and elects Mike Amidi as part of their executive management team

 

Accomplished Executive and veteran of the Memory and Storage Industries to build global footprint

Orange County, California, March 8, 2022Neumonda, a holding company that governs the most complete specialty memory portfolio, expands the DRAM and Flash product range of its Intelligent Memory (IM) subsidiary into the Americas by bringing in Mike Amidi as new member of its executive management team. The accomplished executive and veteran of the memory and storage industries with over 30 years experience in DRAM and Flash product design and development will oversea all IM technologies that serve specifically the Industrial, Automotive, and Embedded markets.

“We are pleased to have Mr. Amidi serve as our Global Vice President of Technology and General Manager Americas under our Intelligent Memory Company,” said Marco Mezger, COO of Neumonda. “We are confident that Mike’s unmatched portfolio of Intellectual Properties will help fulfill our ambitious target to establish our IM portfolios across the Americas.”

“I’m thrilled to join the executive management team of Neumonda, a Walden International backed company, and take the responsibility of expanding our product portfolios into the global Industrial and Embedded markets. My Intelligent Memory team will expand our existing specialty branded DRAM product portfolios with our brand new Flash based portfolio of specialty solutions for the server storage market,” said Mike Amidi, new Global Vice President of Technology and General Manager of IM Americas.

Mr. Amidi has over 30 years of experience in the semiconductor and technology industries where he spent the last 25 years in the Solid State Storage space. He held various upper management and executive positions in companies such as sTEC (A Western Digital Company), SMART Modular Technologies, Netlist, Western Digital (WD), and Xitore. As part of his executive level responsibilities, he managed business units with over $250M P&L and successfully led diversified teams across geographically dispersed areas in the U.S., China, Malaysia, Taiwan, and Brazil.

Among his accomplishments, Mr. Amidi has served as Advisory Board Member of Flash Memory Summit since 2017 and holds 28 fully granted and issued patents through the United States Patent and Trademark Office (USPTO). He also authored several technical publications in the DRAM and Storage space.

Mike Amidi holds a Bachelor’s degree in Electrical and Computer Engineering, a Bachelor’s degree in Business Management and a Master of Business Administration (MBA) degree with concentration on Finance in addition to two Executive Certificates from the Wharton Business School of University of Pennsylvania.

About Neumonda Holding:
Neumonda combines extensive memory experience with the "DNA" of former memory manufacturer Qimonda with the aim to offer the most extensive portfolio of specialized memory solutions in the market. It governs three independently operating companies: MEMPHIS Electronic, a distributor for memory ICs and modules of different suppliers, Intelligent Memory, the manufacturer of DRAM and NAND based memory solutions, and Neumonda Technology which designs and holds IP for application test systems for memory applications. Combining these companies, Neumonda is able to offer a unique global memory competency that can help companies in any industry to meet their current memory requirements. www.neumonda.com

About Intelligent Memory:
Intelligent Memory has been developing memory products for demanding industrial applications since 1991 (as Pacific Force Technology Limited until 2013). The extensive product portfolio consists of DRAM ICs and modules ranging from SDR to DDR4 as well as of a variety of managed NAND products. All products have been designed to meet the demands for quality, reliability, longevity and long-term availability of the Industrial, Automotive and Embedded markets globally. www.intelligentmemory.com


Contact:
Ortrud.Wenzel@intelligentmemory.com