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Marvell to buy Inphi in $8B semiconductor deal

By   /  Thursday, October 29th, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Marvell to buy Inphi in $8B semiconductor deal

Marvell Technology Group, a major semiconductor company, announced Oct. 29 it will acquire Inphi, a competitor based in Santa Clara with significant operations in Thousand Oaks, in a cash and stock deal worth about $8 billion. Under the agreement, Marvell will pay Inphi shareholders $66 for each share of Inphi stock, along with 2.323 shares Read More →

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Semtech earnings beat analyst estimates

By   /  Wednesday, May 30th, 2018  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Semtech earnings beat analyst estimates

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Inphi completes acquisition of ClariPhy Communications

By   /  Monday, December 12th, 2016  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inphi completes acquisition of ClariPhy Communications

Inphi’s acquisition of ClariPhy Communications, valued at $277 million in addition to the assumption of some liabilities, was completed Dec. 12. The deal, announced Nov. 1, gives the semiconductor producer with operations in Westlake Village access to products that are complimentary to its own, providing high-performance but low-power platforms for its customers, President and CEO Read More →

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Semtech sells subsidiary Snowbush IP to Rambus

By   /  Monday, June 6th, 2016  /  Latest news, Technology  /  Comments Off on Semtech sells subsidiary Snowbush IP to Rambus

Semtech, a Camarillo-based manufacturer of semiconductors for the mobile phone industry, sold subsidiary Snowbush IP for $32.5 million to Sunnyvale-based Rambus, which develops memory systems for smartphones. Semtech said it also could receive more payments from Rambus through 2022 based upon a percentage of sales by Rambus of new products expected to be developed by Read More →

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Semtech sales up 11 percent, company says in first quarter earnings report

By   /  Thursday, June 2nd, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Semtech sales up 11 percent, company says in first quarter earnings report

Semtech sales increased 11 percent, the company said when it reported first quarter fiscal year 2017 earnings June 1. Semtech, a Camarillo-based supplier of analog and mixed-signal semiconductors, said revenues increased from $130 million in 2016 to $131.1 million in 2017. Net income increased from a loss of $142,000 during the same quarter in 2016 Read More →

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Semtech third quarter earnings per share miss estimate

By   /  Thursday, November 19th, 2015  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Semtech third quarter earnings per share miss estimate

Semtech, a Camarillo-based maker of semiconductors for cell phones and electronic devices, missed analyst estimates slightly when the company reported third quarter results Nov. 18. Semtech reported earnings per share of 16 cents. Analysts had expected earnings per share of 24 cents. Semtech slightly exceeded analyst revenue estimates of $115.4 million by posting earnings of Read More →

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Semtech earnings on track after layoffs

By   /  Thursday, August 21st, 2014  /  Earnings, Latest news, Technology, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech earnings on track after layoffs

Shares of Camarillo-based chipmaker Semtech Corp. were up 4.8 percent after the company announced stronger-than-expected sales and profits. Semtech, which uses a fiscal year that ends in January each year, said Aug. 20 that its second-quarter fiscal 2015 revenues were $145.7 million, up 10 percent from the previous quarter but down 12 percent from the Read More →