Thursday, April 7, 2011

Tigo Energy Hires CFO

Los Gatos-based Tigo Energy, which develops power optimization technology for photovoltaic devices, said Wednesday that it has named John Niedermaier as Chief Financial Officer. Niedermaier was most recently at LGC Wireless/ADC. Niedermaier was EVP, COO, and CFO of LGC Wireless when it was sold to ADC Telecommunications. He also has served at Jetstream Communications and SCM Microsystems. Tigo is venture backed by Inventec Appliances Corporation, Clal Energy, Matrix Partners, OVP, and ICV.