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Transphorm, Fujitsu join forces on GaN

By   /  Monday, December 2nd, 2013  /  Latest news, Technology  /  Comments Off on Transphorm, Fujitsu join forces on GaN

Transphorm, Fujitsu and Fujitsu Semiconductor said they had reached an agreement to merge their gallium-nitride, or GaN, power supply lines of business. The deal is expected to result in Fujitsu and its semiconductor subsidiary both taking minority stakes in Transphorm in exchange for creating a new entity in Japan that will be capable of high-volume production. The companies said the move will “dramatically improve the market competitiveness of Transphorm’s GaN power device business.”

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Under pressure to sell itself, Vitesse plans $30M stock offering

By   /  Wednesday, June 19th, 2013  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Under pressure to sell itself, Vitesse plans $30M stock offering

Shares of Camarillo-based Vitesse Semiconductor Corp. were down 15 percent to $2.30 in mid-day trading June 19 as the company announced a public stock offering to raise up to $30 million. The move comes as the company faces pressure from Columbia Pacific Advisors, an investment firm that owns nearly 10 percent of Vitesse, to sell Read More →

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Semtech sets sales record, shares soar

By   /  Wednesday, March 6th, 2013  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Semtech sets sales record, shares soar

[wikichart align=”right” ticker=”NASDAQ:SMTC” showannotations=”true” livequote=”true” startdate=”06-09-2012″ enddate=”06-03-2013″ width=”300″ height=”245″] Camarillo-based Semtech beat analyst expectations for revenue and profits for its most current fiscal year and raised its sales prediction for the next quarter, sending shares up more than 11 percent in after-hours trading. Semtech said its full-year revenue came to $578.8 million, up 20.4 percent Read More →

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Vitesse to raise $16.1M in stock offering

By   /  Friday, December 7th, 2012  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Vitesse to raise $16.1M in stock offering

Camarillo-based Vitesse Semiconductor plans to raise $16.1 million in a public offering of stock. The deal, announced Dec. 6, will offer 10 million shares at $1.75 each, netting $16.1 million after costs. It’s expected to close Dec. 12. Needham & Company is acting as the sole book-running manager of the offering, and Craig-Hallum Capital Group Read More →

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Vitesse tees up stock offering

By   /  Thursday, December 6th, 2012  /  Banking & Finance, Tri-County Public Companies  /  Comments Off on Vitesse tees up stock offering

Camarillo-based Vitesse Semiconductor is planning a stock offering despite years of losses and a shareholder base that’s underwater in terms of book value. Vitesse said Dec. 6 that it plans an offering that will be underwritten by Needham & Company as the sole bookrunning manager of the offering and Craig-Hallum Capital Group as co-manager. The Read More →

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Inphi loses $1.5M in Q1

By   /  Tuesday, April 24th, 2012  /  Latest news  /  Comments Off on Inphi loses $1.5M in Q1

Nearly three months after Inphi. Corp. hired a new CEO to recover from a 93 percent drop in profits in 2011, the semiconductor company reported a net loss of $1.5 million for the first quarter. The Santa Clara-based company, which designs chips aimed at packing more memory onto Internet servers and increasing bandwidth, employs a Read More →

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Inphi taps new CEO after profits fall 93%

By   /  Wednesday, February 1st, 2012  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inphi taps new CEO after profits fall 93%

Inphi Corp., the Santa Clara-based chip firm with a large engineering force in Thousand Oaks, ousted its CEO on Feb. 1 as it announced that profits plummeted by 93 percent in 2011. Inphi designs chips aimed at packing more memory into Internet servers and increasing bandwidth in the Internet backbone. The company announced that Ford Read More →

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