New Semi in Town

SemiSouth Laboratories, a Mississippi semiconductor company, has moved its headquarters to Austin. The move follows on the heals of the appointment of Vess Johnson as President. Johnson, who was previously President of Nascentric, Inc., an Austin Ventures backed company, will now be leading a company that develops silicon carbide electronics and power semiconductors. “We are very excited about establishing a presence in Austin, a vibrant high-tech community”, said Johnson, “We believe this will enhance our ability to expand and to draw key talent to SemiSouth”.

SemiSouth plans are to move sales and marketing to Austin immediately and to grow the Austin group by staffing a design center starting in early 2008. The Austin facility will complement the 20,000 square foot manufacturing facility in Starkville, Mississippi. SemiSouth has previously raised $5 million through a Series A1 round led by Southern Farm Bureau Life Company.

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