Terry Matthews, Kt,. OBE, P.Eng., F.I.E.E..,F R Eng

Engineer, Billionaire

 

Kt., OBE, P.Eng., F.I.E.E., F R Eng
Chairman and Chief Executive Officer
March Networks Corporation

Terry Matthews is Chairman and CEO of March Networks Corporation, a leading developer of interactive broadband IP applications and delivery platforms. Prior to joining the Company, he served as CEO and Chairman of Newbridge Networks Corporation, a company he founded in 1986. Providing leadership and vision for 14 years, Terry helped Newbridge become a leader in the worldwide data networking industry. When France-based Alcatel acquired Newbridge in May 2000, the company employed more than 6,500 people worldwide and recorded FY 1999 revenue of $1.8 billion.

In 1972, before launching Newbridge, Terry co-founded Mitel Corporation. Under his leadership, Mitel grew quickly to become a world leader in the design and manufacture of enterprise voice systems and products. In 1985, British Telecom bought controlling interest in Mitel. More than 15 years later, in February 2001, Terry purchased the company's worldwide Communications Systems division and the Mitel name. He is now owner and non-executive Chairman of the newly formed Mitel Networks Corporation, a company focused on providing next generation IP (Internet protocol) telephony solutions for broadband networks.

Terry holds an honours degree in electronics from the University of Wales, Swansea and is a Fellow of the Institute of Electrical Engineers and of the Royal Academy of Engineering. He has been awarded honorary doctorates by several universities, including the University of Wales, Glamorgan and Swansea, and Carleton University in Ottawa. In 1994, he was appointed an Officer of the Order of the British Empire, and in the Queen's Birthday Honours 2001, he was awarded a Knighthood.

Terry is also the founder and principal investor in Celtic House International, an early stage technology venture capital firm with offices in Canada and the United Kingdom. Celtic House invests in companies that specialize in telecommunications, storage, networking and Internet infrastructure. In addition, Terry serves as Chairman of a number of high technology companies including Convedia Corporation, DragonWave and Tundra Semiconductor Corporation. He is Chairman of The Celtic Manor Resort in Wales, U.K., which was recently chosen as the venue for the 2010 Ryder Cup Golf competition between teams representing the USA and Europe.