Edward Botwinick is an American businessman, investor, and
IT industry
Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system ( ...
entrepreneur.
Biography
Botwinick graduated from
Columbia College with a BA in 1956 and the
Columbia School of Engineering and Applied Science
The Fu Foundation School of Engineering and Applied Science (popularly known as SEAS or Columbia Engineering; previously known as Columbia School of Mines) is the engineering and applied science school of Columbia University. It was founded as th ...
with a BS in 1958.
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
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...
as Vice President of high-tech investment research and venture capital.
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. 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.
In 1987,
Unisys
Unisys Corporation is an American multinational information technology (IT) services and consulting company headquartered in Blue Bell, Pennsylvania. It provides digital workplace solutions, cloud, applications, and infrastructure solutions, e ...
acquired Timeplex for $307 million and Botwinick became Senior Vice President of Unisys and President of Unisys Networks.
He retired from Unisys in 1989.
Botwinick sat on the board of
Duke Cancer Institute
The Duke Cancer Institute (DCI) is a National Cancer Institute-designated Comprehensive Cancer Center, research facility, and hospital. The center is part of the Duke University School of Medicine and Duke University Health System located in Dur ...
and
Lamont–Doherty Earth Observatory
The Lamont–Doherty Earth Observatory (LDEO) is the scientific research center of the Columbia Climate School, and a unit of The Earth Institute at Columbia University. It focuses on climate and earth sciences and is located on a 189-acre (64 h ...
, and was a trustee of Columbia University.
He currently serves as a president of the Botwinick-Wolfensohn Foundation.
Personal life and family
Botwinick's father was Benjamin Botwinick, businessman and philanthropist who founded Benjamin Botwinick & Co., a
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
accounting firm. His sister, Elaine Botwinick, was married to World Bank president
James Wolfensohn
Sir James David Wolfensohn (1 December 193325 November 2020) was an Australian-American lawyer, investment banker, and economist who served as the ninth president of the World Bank Group (1995–2005). During his tenure at the World Bank, he is ...
.
References
Columbia College (New York) alumni
Columbia School of Engineering and Applied Science alumni
{{DEFAULTSORT:Botwinick, Edward
Goldman Sachs people
American investment bankers
American technology company founders
American technology executives
American technology businesspeople
American technology chief executives