Steven Teig, co-founder and CTO of the semiconductor company Tabula, was presented with the World Technology Network’s (WTN) IT Hardware Award and inducted as a fellow of the organization at the World Technology Summit in October.

The World Technology Network awards honor those doing innovative work of “the greatest likely long-term significance” in various categories of science and technology and related fields.

Teig, who earned a BSE in electrical engineering and computer science at Princeton in 1982, was recognized by peers for inventing Tabula’s breakthrough Spacetime 3D programmable logic architecture.

The technology company, headquartered in Santa Clara, Calif., was founded in 2003, after Teig served as CTO of Cadence Design Systems, Simplex Solutions and two biotechnical companies that he founded, CombiChem and BioCAD.