Managing Director and Co-Founder
Telephone: (212) 705-0296
David Townes co-founded Needham & Company in 1985. Having completed well over 100 IPO, Follow-on and M&A transactions at the firm, David has been responsible for many of the firm’s clients in semiconductors, semiconductor and electronics capital equipment, automation, engineering software, business services databases and software, high-frequency electronics, high-performance computing, terrestrial and space communications, advanced materials, lasers, photonics, photovoltaics, energy efficiency, display and imaging technologies, data storage technology, test and measurement equipment, medical devices, and a range of other technologies. Previously, he had been with Lehman Brothers for 13 years, working primarily with clients in the technology sector, but also in a wide range of other industries. He has an academic background in physics, economics, law and finance. He attended Oberlin College, University College, Oxford, Harvard Law School and NYU Business School.
Telephone: (617) 457-0916
Jack Higgins joined Needham & Company (having previously worked at Needham from 1993 to 1997) in 2007. Jack joined Needham from Janney Montgomery Scott, where he was a senior banker for the firm’s information technology security effort. Prior to joining Janney, he spent four years with Adams Harkness, working in the Semiconductor Device and Communications Technology banking groups. During his years with Adams Harkness, Jack was responsible for origination and execution of various public and private financings and mergers and acquisitions. Prior to working at Adams Harkness, Jack worked at Genuity (GTE Internetworking) in that service provider’s international line of business. He graduated from Colby College and received his MBA from Cornell University’s Johnson Graduate School of Management.