MulticoreWare Inc. Expands Senior Leadership Team to address rapid growth

Appoints Jayesh Patel as VP & GM of Autonomous Vehicles & Automotive Business Unit, Soumendra Mohanty as VP of Worldwide Sales & Corporate Marketing and, Shashikanth Jayaraman as VP of Global Human Resources

SAN JOSE, Calif.--(BUSINESS WIRE)--MulticoreWare Inc. welcomes Jayesh Patel as VP & GM of the Autonomous Vehicles & Automotive (AVA) Business Unit. In this position, Jayesh will lead engineering and business teams reporting to AGK Karunakaran, President & CEO, MulticoreWare. Jayesh is also responsible for the strategic orientation and management of the AVA Business Unit.

Jayesh was the General Manager of the Yanfeng Visteon Electronics Technology Company (YFVET) in China from 2011 to 2017. Prior to that, Jayesh held senior leadership roles largely in the automotive industry over his 34-year career. His professional career began with British Aerospace in 1986 and he has held a succession of roles with Lucas Automotive, Ford and Visteon Corporation in Europe, North America, India, and China.

“I am thrilled to join MulticoreWare and to take over the Autonomous Vehicles & Automotive Business Unit” said Jayesh Patel. “It’s an exciting time to join MulticoreWare where the dynamic team works on cutting edge Autonomous Vehicle Technologies for a better future.”

“As we continue to grow our business, we remain focused on investing in our leadership team to serve our customers better & expand our capabilities,” said AGK Karunakaran, President & CEO, MulticoreWare. “We are excited to welcome Jayesh along with Soumendra and Shashikanth as they bring the experience & unique skill set to support our goals & vision of the company.”

Jayesh will be joined by Soumendra Mohanty, Vice President of Worldwide Sales & Corporate Marketing and Shashikanth Jayaraman, Vice President of Global Human Resources, who came aboard earlier to grow the business and its human resources to meet the demands of its customers.

“Jayesh will be a great addition to our team in taking MulticoreWare to the next level,” said Soumendra Mohanty, who had a successful exit at Analogix Semiconductor. “Jayesh’s global expertise in the Automotive industry is pivotal in executing & managing AVA BU to boost our growth strategies.”

“We are delighted to have a leadership team in place with vast experience & expertise,” said Shashikanth Jayaraman, who was recognised as Top 40 under 40 by Business World in 2020. “I am looking forward to growing the engineering and functional teams inside MulticoreWare by onboarding top class talents.”

About MulticoreWare

MulticoreWare delivers software IP Solutions and Engineering Services serving a wide group of customers with solutions like Hardware Platform Compilers & Toolchains, SDK Libraries, Video codec and Algorithm & Data Engineering solutions using various vision & non-vision sensors (Radar, LiDAR, IMU, GPS, etc.). MulticoreWare solutions are used in Automotive (ADAS/AD), Surveillance, Defence, Medical Imaging, IoT, Retail, Logistics, Industrial, Robotics, Smart City. MulticoreWare’s industry-leading video codec products (x266™/x265/Ultraziq) have been deployed in live streaming or VOD services across many broadcast customers, www.multicorewareinc.com