Edward Botwinick | |
Nationality: | American |
Education: | Columbia University (BA, BS) |
Occupation: | IT Entrepreneur, investor |
Employer: | Unisys |
Known For: | Founding Timeplex |
Relatives: | James Wolfensohn (brother-in-law) |
Edward Botwinick is an American businessman, investor, and IT industry entrepreneur.[1]
Botwinick graduated from Columbia College with a BA in 1956 and the Columbia School of Engineering and Applied Science with a BS in 1958.[2]
Upon graduating from Columbia, Botwinick worked for US Semiconductor Corporation before co-founding Silicon Transistor Corporation. After the company went public, it was acquired in 1963. From 1963 to 1967, Botwinick was president and a shareholder Quantum Inc. He then joined Goldman Sachs as Vice President of high-tech investment research and venture capital.[3]
At Goldman, Botwinick, he learned of the opportunity to invest in American Data Systems, the company behind Time-division multipliers. He then invested, and co-founded Timeplex and became Chairman and CEO of the company in 1977.[4] [5] In the next few years, he led the company to launch a number of successful statistical multiplexer products, including the T-1 multiplexers, and made it one of the first companies to use microprocessors in its systems.[6] [7]
In 1987, Unisys acquired Timeplex for $307 million and Botwinick became Senior Vice President of Unisys and President of Unisys Networks.[8] [9] He retired from Unisys in 1989.[10]
Botwinick sat on the board of Duke Cancer Institute and Lamont–Doherty Earth Observatory, and was a trustee of Columbia University.[2] He currently serves as a president of the Botwinick-Wolfensohn Foundation.[11] [12]
Botwinick's father was Benjamin Botwinick, businessman and philanthropist who founded Benjamin Botwinick & Co., a New York City accounting firm.[13] His sister, Elaine Botwinick, was married to World Bank president James Wolfensohn.[14] [15]