Oslo, Norway, December 18th 2009 - FXi Technologies announces it has appointed Borgar Ljosland as Chief Executive Officer.
Borgar Ljosland comes from ARM where he served as Director of Business Development in the Media Division. Before joining ARM in 2006 Borgar Ljosland was CEO and co-founder in Falanx Microsystems, a semiconductor company based in Trondheim Norway that was acquired by ARM in May 2006.
Jens Petter Falck, the Chairman of FXi Technologies AS said, "We are very pleased that Borgar Ljosland joins FXi Technologies. His background both as a successful entrepreneur within the semiconductor industry and his later experiences from ARM will be very valuable for FXi in its further development”. Borgar Ljosland has for some time served as a consultant to the board of FXi and will take up his new role as CEO on January 1st 2010.