Vinod Dham | |
Birth Place: | Pune, Maharashtra State, India |
Citizenship: | India |
Alma Mater: | Delhi College of Engineering (Delhi Technological University); Delhi University, |
Education: | B.Tech, MS |
Vinod Dham is an Indian-American engineer, entrepreneur, and venture capitalist. He is known as the 'Father of the Pentium Chip' for his contribution to the development of Intel's Pentium micro-processor.[1] [2] He is also a mentor and advisor, and sits on the boards of companies, including startups funded through his India-based fund Indo-US Venture Partners,[3] where he is the founding managing director.
Vinod Dham's accomplishments as 'Pentium Engineer' and as an Indian-American technology pioneer from Silicon Valley were observed at an exhibition on South Asians at the National Museum of Natural History, highlighting Indian-Americans who have helped shape America.[4] [5] [6]
Vinod Dham was born in the 1950s in Pune, India.[7] His father was a member of the army civilian department who had moved from Rawalpindi, Punjab, Pakistan, to India during the Partition of India.[8]
Dham graduated with a BE degree in Electrical Engineering from Delhi College of Engineering in 1971 at the age of 21. At the age of 25, he left his family in Delhi, India, to study for an MS degree in Physics (Solid State) in the US, arriving with just $8 in his pocket.[9]
He is married to Sadhana and has two sons. He has three brothers and a sister.
After completing a BE degree in Electrical Engineering in 1971, Dham joined Delhi-based semiconductor manufacturer Continental Devices,[10] one of India's only private silicon semiconductor start-ups at the time, which collaborated with Teradyne Semiconductor Company, USA. He was a part of the early team that put together a facility in Delhi, where he worked for four years. It was while he worked at this company that his love for semiconductors bloomed. He found it to be an exciting field because it applied the knowledge he had learned as an engineer to his developing interests in understanding the physics behind the behaviour of semiconductor devices.
In 1975, he left this job and went to the University of Cincinnati[11] in Ohio to pursue an MS degree in Physics (Solid-State). After completing his MS degree in 1977, he joined NCR Corporation[12] in Dayton, Ohio, as an engineer. He did cutting-edge work on developing advanced non-volatile memories while there. Joining NCR was not a planned career move, though. At the University of Cincinnati, when NCR needed help, Dham was the student in his class who had worked the longest in semi-conductors. His leading-edge work on the non-volatile memories helped NCR get a patent in 1985 on mixed dielectric process and non-volatile memory device.[13]
He then joined Intel Corporation[14] as an engineer, where he led the development of the world-famous Pentium processor. He is called the "Pentium Engineer"[15] [16] for his role in the development of the Pentium Micro-Processor. He is also one of the co-inventors of Intel's first Flash Memory Technology (ETOX).[17] He rose to the position of the Vice President of Micro-Processor Group at Intel.
During a presentation of his work on non-volatile memory for the NCR Microelectronics at an IEEE workshop, he was approached by Intel and, in 1979, joined Intel as an engineer, where he worked with the non-volatile memory team and was one of the co-inventors of Intel's first flash memory (ETOX). He later moved to the micro-processor division, where he honed his skills for leading the Pentium project by working on two earlier generations of micro-processors—Intel's 386 and 486—in various capacities. In the 1980s, PCs had become mainstream tools for productivity enhancement at the workplace. By the time he started the Pentium project, many established and new players, including the AIM consortium (led by Apple, IBM, and Motorola) and the ACE (Advanced Computing Environment) consortium formed in 1991 and led by Compaq, Microsoft, DEC, and MIPS Technologies, and a consortium by Sun Microsystems (which comprised Sun, Fujitsu, Philips, Tatung, and Amdahl) using superior RISC (Reduced Instruction Set Computing) had all begun aggressively working on their big idea for the PC industry, and these projects seriously threatened Intel's dominance in this segment. Dham believes that Intel's ability to 'focus and execute' while maintaining full compatibility of the application with its previous-generation microprocessors was the key reason for its success over dozens of these big competitors. In a Business Week cover story on Intel's new processors, Dham was quoted as General Manager of the 586 processor group (586 was the internal name for the project until it was named 'Pentium' at launch).[18]
He left Intel in 1995 and joined the startup NexGen,[19] which was subsequently acquired by AMD. Dham played an instrumental role in the launch of K6[20] —the "Pentium killer" processor at rival AMD Co. He held the vice president position of AMD's Computation Products Group. He then went on to lead a nascent startup, Silicon Spice,[21] in April 1998, which he re-directed to build a VOIP chip and sold it to Broadcom[22] in 2000. He then launched an incubator, NewPath Ventures, where he co-founded companies with the objective of using India's emerging talent in chip design for R&D. He is currently the managing director and founder of Indo-US Venture Partners,[23] an early-stage India-focused fund that he founded after NewPath. Dham has, over the years, been a board member and technical advisor to dozens of private and public companies worldwide.
In February 2015, Dham announced his return to entrepreneurship as the co-founder and CEO of Acadgild, an online educational platform he co-founded with Indian entrepreneur duo Krishnan Ganesh and Meena Ganesh of Tutorvista. Acadgild aims to teach just about anybody, including a Class 10 student, software programming that is relevant to today's rapidly evolving digital world. Unlike many existing online courses that rely on videos, Acadgild provides live mentoring and hands-on engagement for building real applications for its students. It will also include building two applications, thus preparing the students with job-ready skills and a more effective way for their prospective employers to evaluate them.[24]
When Dham joined Intel, it had $1 million in revenue. By the time he left in 1995, Intel's revenues had soared to US$16.2 billion. Dham said he was a keen observer of how Andy Grove built strategy and organisation for Intel's success in the microprocessor business. At Intel, Dham made a decision to work on processors when he decided to leave R&D. By the time he left Intel, his achievements had reached great prominence. It was also the time when the entrepreneurial revolution in Silicon Valley was at its peak. He came across a company called NexGen, a boutique processor design company that was eight years old, and joined as COO. The design engineering team at NexGen proved itself to be very capable, but the company did not have a chip that was bus-compatible with the Pentium, an important functionality that was needed to fit in the PC industry dominated by Intel. Dham, with his wide-ranging experience, did changes in NexGen's strategy, knowing that NexGen had to license intellectual property (IP) that would piggyback on infrastructure that had already been created by the rest of the PC industry and needed access to manufacturing capabilities and advanced technology by partnering with established players to build its chips competitively with Intel's.
While looking for the right partner for NexGen, Dham discovered that Advance Micro Devices (AMD) Inc. was Intel's main competitor in the computer hardware industry, but its microprocessor product, K5, which has been positioned to be a response to Intel's Pentium Processor, had failed to deliver on its promise. Dham convinced the NexGen management to explore what appeared to be a perfect synergy for merging the two companies - NexGen had a product but no factories and process technology, whereas AMD had a factory and advanced technology but no product. His insights proved right, and AMD acquired NexGen's product and process technology for $857 million. AMD's next product, K6, was built using NexGen's core technology. For a short while, it was the fastest processor in the world. It was the first time ever anybody beat Intel at its own speed game. The success of K6 was critical from one more angle: microprocessors were expensive, which meant that PCs had to be sold for over $1500. AMD, under Dham's leadership in the microprocessor business, priced K6 to create a PC below $1000. AMD's ability to give relevant competition to Intel and create a sub-$1000 PC played a key role in creating a sub-$1000 category for the first time. This positioning forced Intel to initially respond with a truncated Pentium under the brand name Celeron. (These days, desktop computers are priced at less than $300.) After spending a year at AMD, post-acquisition of NexGen, Dham joined another startup in April 1998—Silicon Spice as CEO and president.
Dham, who had made a career out of microprocessors, was no longer interested in just chips and gained interest in communications processors. In his opinion, the Internet was the mother of all killer applications, which could use most computing power if there were no connectivity bottlenecks. Anyone who could help unclog this bottlenecks, would hold the key to a multi-billion-dollar bounty. "The PC was designed for computing and not for communication. The microprocessor has gone beyond its use," he said. In other words, hardware is far ahead of the current computing requirements," he said. With demand for communications-related chips then growing at 20% per annum, Dham and Silicon Spice's three MIT-graduate co-founders wanted a piece of the pie. Silicon Spice raised more than $34 million in VC funding from New Enterprise Associates and Kleiner, Perkins, Caufield & Byers.
Silicon Spice was initially experimenting with using an innovative reconfigurable technology to design chips. It turned out that the chips designed in this fashion lacked the necessary performance and cost to be of much commercial use. Meanwhile, Er. Ing. Dham learned from dealing with several customers that there was an emerging need for developing chips that could effectively transfer voice over the Internet. Dham explains, "The Internet protocol was being used mainly for data and delivering voice over the Internet, which was designed primarily for data transfer and was a tricky problem in terms of technology". Dham re-directed the company to build this new chip to support VoIP (Voice over Internet Protocol), among the first in the world at the time. Silicon Spice's technology was promising. In a little over two years (in August 2000), Er.Ing. Dham sold Silicon Spice to Broadcom for $1.2 billion in an all-stock deal. The deal was Broadcom's largest ever (at the time of acquisition) and its seventh acquisition in the year 2000. Broadcom's former CEO, Henry Nicholas, said that Silicon Spice's architecture for communications processors, which enables banks of chips to be replaced with a single piece of silicon, is Broadcom's most strategic buy yet and opens 'a multi-billion-dollar' opportunity. "This is kind of the holy grail of carrier-class communication equipment," Nicholas said. "What Silicon Spice has created is a whole new computational element of the same significance of what microprocessor was to PC."[25] "One of the biggest lessons I learnt was that it always helps to start defining your product with very early involvement with customers, "said Dham.
In December 2001, Dham made a trip to India, where he met several businesses. He was impressed by the success of India's IT industry based on off-shoring US software development to India and was wondering what it would take to recreate a similar USIndia model for hardware and chip design off-shoring to India. With seed capital from other venture capitalists in April 2002, he co-founded the incubator New Path Ventures. It invested in chip and system design companies like Telsima (WiMAX chips), Montalvo Systems (low-power chips), Silica (chips for multimedia and digital printing processors), and Nevis (secure networking) with development teams in India for markets in the U.S. The timing was right, with Silicon Valley looking at reducing expenditure in the chip development space. Dham, with his partner, was extremely hands-on in helping these companies in their day-to-day operations. However, the experience highlighted that with so much focus on software, India had not yet developed the critical mass of skills for chip design work and specialised software expertise to support the 'offshoring' model. These start-ups were subsequently acquired. Having learned that opportunities for venture-backed startups in India will likely revolve more around services required to meet needs of India's growing consumer class, Dham subsequently co-founded NEA-a Indo-US Ventures, a cross-border, India-focused fund, in 2006. The firm was later rebranded as Indo-US Venture Partners. Currently, Dham runs IUVP with his two Bengaluru, Indiabased investment partners. IUVP's focus has been on investing in Indian companies across sectors including mobile technology, knowledge process outsourcing, internet, education and healthcare.[26]
Dham and his wife, Sadhana, are donors to many charities in the US and India. He has been a trustee of the American India Foundation (AIF) since 2001. Former President Bill Clinton serves as the honorary chair.[27] In July 2006, he was named to the Board of Directors and was appointed Chair of the Digital Equaliser (DE) Program,[28] with a mission to provide underprivileged children in India with the opportunity to enhance their learning through the use of digital technology in a scalable and sustainable manner. As Chair of the DE Programme, he led the programme's strategic direction and growth. He has been actively involved in fund-raising and was awarded the Visionary Award for his DE work by Montek Singh Ahluwalia in 2010.[29]
In 1993, Dham was named one of the Top 25 Executives in the US Computer Industry. In 1999, he was named one of the top 100 Most Influential Asian Americans of the decade. In 2000, he was appointed to serve on the President's Advisory Commission on Asian Americans and Pacific Islanders by President Bill Clinton.[30]
On 1 January, India's magazine India Today listed Dham among the Global Indian Achievers. Dham said the survival instinct is the critical factor underlying the success of Indians in Silicon Valley.
Dham was profiled at the Pravasi Bhartiya Diwas in 2007, organised by the Ministry of Overseas Affairs of the government of India, a high recognition for accomplished Indians including Amar Bose, Indra Nooyi, Vinod Khosla, Arun Sarin and Lakshmi Mittal.[26]
Dham was profiled by India Abroad among 50 Most Influential Indian Americans.
Dham was also profiled by China Daily BBS, along with JC Bose, Amar Bose, Subrahmanyan Chandrasekhar, and others.[31]
Scribd profiled Dham among the great Indians of this century.[32]
Dham was awarded the NRI Achievement Award at the NRI Global Summit in October 2009 by the NRI institute, a New Delhi-based nonprofit. NRI Institute has a nearly 30-year history of recognising Pravasi (non-resident) such as Sam Pitroda, Chairman of India's National Knowledge Commission; Lord Swaraj Paul, British Parliamentarian and Founder of Caparo Group; and Baron Karan Bilimoria of Cobra Beer.[33]
Dham was profiled among the first and notable Indian American Achievers by the Asian Pacific American Program established HomeSpun: Smithsonian Indian American Heritage Project, which will chronicle the story of immigrants from India and their descendants in America.[34]
On 22 April 2011, Dham was given the People Choice Award and Special Jury Award in the category of Science and Technology by the Times of India Group's 'Light of India Awards', recognising Indian achievers abroad.[35] [26]
On 13 November 2014, Dham was honoured with the 'Lifetime Accomplishments Award' by VC Taskforce, a Silicon Valley-based organisation boasting 6000 members dedicated to promoting innovation through the Venture Community.[36]