Innovision delists from AIM and CEO David Wollen leaves company

Following the recent acquisition of NFC and RFID pioneers Innovision Research and Technology by Broadcom International, and its filing for delisting from AIM, Innovision’s CEO, David Wollen, announced his resignation from the company effective Friday 23 July.

Wollen took over the company in 2006, joining from Renesas Technology Europe where he was a board member, and also headed up the mobile and smartcard businesses, amongst others. He represented Innovision on the board of the NFC Forum and is also a board member of the NMI.

Wollen commented: “I am very proud of what we have achieved at Innovision, a global customer base second to none, the respect of colleagues in the semiconductor and NFC/RFID industries and a reputation in the City for delivering what we said.”

He continued: “However, what has been most satisfying is building up and working with a world class and well respected team of IC and systems engineers. I am very happy that this great team will go on to develop even better NFC innovations in the hands of a prestigious organisation like Broadcom, which is renowned for its communications technology and has shown great commitment to moving forward in NFC.”

Headquartered in the UK, Innovision R&T was listed in 2001 on the Alternative Investment Market (AIM) of the London Stock Exchange (ticker symbol: INN).

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