Robert J. Pera
Robert J. Pera (born March 10, 1978) is the Founder of Ubiquiti Networks, Inc. and has been its Chief Executive Officer since October 2005. From January 2003 to February 2005, Pera was a wireless engineer with consumer technology company Apple, Inc. He serves as a Director of Ubiquiti Networks, Inc. He is also the principal owner of the Memphis Grizzlies of the National Basketball Association.
The Apple hardware engineer turned wireless networking entrepreneur went out on his own in 2005 with the goal of bringing affordable internet access to the world's emerging markets. Pera was later quoted as saying "Apple's a great company, but I realized I wanted to have more success faster." After six years, at age 34, Pera became a billionaire when his Ubiquiti Networks went public in October 2011.
Robert J. Pera holds a B.A. in Japanese Language. He graduated Phi Beta Kappa with a B.S. in Electrical Engineering and an M.S. degree in Electrical Engineering (emphasis in Digital Communications / RF Circuit Design) from the University of California, San Diego.
On June 11, 2012, sources told ESPN.com that Michael Heisley has an agreement in principle to sell the Memphis Grizzlies to communications technology magnate Robert Pera, who at 34 has a spot on Forbes' list of the 10 youngest billionaries in the world.
The official sale of the Grizzlies to Pera was approved on October 25, 2012. The purchase price was in the $350 million range, sources said.