Stephan Memmen President and CEO, Flexstar

Flexstar Technology, Inc., a portfolio company of Audax Group and Rigel Associates, LLC, announced the appointment of Stephen Memmen as president and CEO, effective January 1, 2013.

Headquartered in San Jose, CA, Flexstar is a provider of test and measurement solutions for the data storage industry. With over 30 years of providing test solutions to the world’s leading storage companies, Flexstar’s products are used to conduct standardized, repeatable testing for HDDs, SSDs, and peripheral component interconnect express drives (PCIe). Flexstar offers environmental chambers, burn-in racks, bench-top, and self-test solutions to conduct development, reliability, qualification, and factory production tests. Proprietary software suite and its large repository of testing scripts ensure that each customer can run a customized series of tests to guarantee performance and marketability of their drives.

Memmen brings over 20 years of technology and senior management experience. He was recently a corporate officer and VP of Amphenol Corporation where he led a division with over $350 million in revenues and operations in the United States, China, Korea, Malaysia, Singapore, Taiwan and Finland. Prior to that, he ran T&M Antennas, and led the sale of T&M Antennas to Amphenol in 2000.

Young Lee, MD of Audax Group, said:" Stephan’s technology experience and management track record make him an excellent addition to Flexstar. We are excited to have Stephan join Flexstar as we continue to grow the business."

Stephan Memmen, said: "I am excited to join Flexstar Technology. I look forward to working with the team to build on Flexstar’s success as a provider of comprehensive testing solutions for the data storage market."