Thursday, November 13, 2008

Three Executives Killed at SiPort in Santa Clara, California

Tragedy struck on Friday afternoon at SiPort, a start-up based in Santa Clara, California, when three senior executives were murdered by a disgruntled employee who had been laid off earlier in the day. According to police reports, Sid Agrawal (CEO), Brian Pugh (vice president of operations) and Marilyn Lewis (head of human resources) were shot to death after the fired employee returned to confront the company executives. The alleged suspect, Mr. Jing Hua Wu, a lead product test engineer, has been taken into custody and charged with three counts of murder.

SiPort was founded in 2004 and received its first round of funding in 2005 with backing from Lightspeed Venture Partners, Morgenthaler, New Venture Partners and Intel Capital. The company has been developing a line of mixed signal RF and digital baseband wireless receiver chips supporting multiple digital broadcast standards. SiPort's target customers include leading OEMs selling MP3, cell phones and other portable media players.

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