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|Business Description:||An ASIC test and verification provider that designs, manufactures, markets and services a family of engineering IC validation systems.|
The company had encountered operational difficulties, was late on deliveries and had trouble managing cash.
Diablo Management Group (DMG) was retained by Integrated Measurement Systems by the Board of Trustees to assist the management in improving operational performance. IMS (an ASIC test and verification company) required outside council to facilitate an industry acquisition. Richard Couch was appointed as president and CEO, to manage the operational stabilization of the company before, during and after its sale or refinancing.