Rightware founder Tero Sarkkinen in a management buy-out deal
Espoo, Finland – May 7, 2015 – Graphics industry veteran Tero Sarkkinen has founded Basemark Ltd, a company aiming to become the world leading provider of performance measurement tools and services for smartphone, tablet and other embedded industries. Basemark announced today that it has acquired the benchmark business unit from Rightware, a company that Mr. Sarkkinen himself founded 5 years ago. Mr. Sarkkinen continues as a shareholder and serving at the Board of Directors of Rightware.
With the deal announced today, Basemark creates an independent and focused testing software powerhouse that is able to serve its numerous corporate customers better than being a part of Rightware. Its patented software technology consists of various SoC, GPU and device testing tools that have become industry standard, such as Basemark ES, Basemark OS and Basemark X. Basemark helps their customers to ensure that their products meet and exceed the stringent performance and power consumption requirements in the ever tightening global competition. All existing customers, licenses and agreements are transferred to Basemark exactly as they are.
Co-founder Arto Ruotsalainen and rest of the Rightware benchmark team have all joined Basemark. To strengthen the strategic leadership of the company, an accomplished world class entrepreneur Mika Heikinheimo, founder of Symbio, and Seppo Kolari, Symbio’s long time global operative leader, have invested in Basemark and serve in the company’s Board of Directors.
”I am immensely excited about this new chapter in my life and in the growth opportunities now available for Basemark as a separate entity.” said Sarkkinen, ”Although it has been very satisfying to help Rightware conquer the world with their user interface business, I saw that the company will continue to flourish even without myself. It was a great opportunity for me to start something new. At the same time, I saw the potential of growing the benchmark business, but it really required a separate focus. With Mika and Seppo joining to help us develop and grow service business, I am now more excited than ever!”
For more information about Basemark, please go to https://www.basemark.com/
About Basemark Ltd
Basemark develops industry leading system performance analysis tools. The world renowned product portfolio includes Basemark ES for OpenGL ES, Basemark X for gaming, Basemark OS for platform and Browsermark for browser performance testing for Android, iOS and Windows Mobile powered devices. Basemark is headquartered in Espoo, Finland. Basemark and Browsermark are registered trademarks of Basemark Ltd.
Tero Sarkkinen, Founder & CEO