Michael Seedman’s involvement in the micro-computer industry began in 1979. In 1982 he started Practical Peripherals, Inc, a start up with no revenue which was later sold to Hayes Microcomputer Products in 1989. After the sale, he continued with the company as its President until Spring 1993, growing revenues from startup to $65 million during his tenure. Michael then joined US Robotics as the Vice President, General Manager of the Personal Communications Division. His responsibilities included overseeing all aspects of the division, reporting directly to the president of the company. During his tenure at US Robotics, his division grew from approximately $12 million per quarter with a sub-5% market share to the world’s leading market share holder, with revenue more than $400 million per quarter and greater than a 60% market share. US Robotics was sold to 3Com in the spring of 1997. In 1998, Michael started and ultimately sold another Computer Peripheral company, Entrega Technologies to Xircom which was later purchased by Intel. From 1998 thru 2003, Michael participated in the location, analysis, acquisition and operational oversight of two technology platforms for the technology group of Ripplewood Holdings in New York. Michael completed his Business and Accounting studies at the University of Southern California in 1979. |