Stan Boland

Stan Boland

41, British

When Boland sold Element 14, the British chip company he had co-founded only 15 months earlier, to U.S.-based Broadcom Corp. for $642 million last year, he walked away with enough money to ensure he would never need to work again.

But after a brief stint at Broadcom and a summer break on the Riviera, Boland is setting out to build a new European semiconductor company that will “be more permanent and much bigger.”

The start-up,...

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