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Tag: vitesse
Microsemi to buy Vitesse Semiconductor for USD 389 million
2015-03-18 13:34:00| Telecompaper Headlines
(Telecompaper) Microsemi is acquiring Vitesse Semiconductor for USD 389 million to expand in the communications market. The two chipmakers reached a definitive agreement on the offer of USD 5.28 cash for each Vitesse share, a 32 percent on the average closing price during the 30 days prior to the announcement. Based in California, Vitesse designs high-performance semiconductors, application software, and integrated turnkey systems for carrier, enterprise and Internet of Things networks. Vitesse said that Microsemi should be able to leverage its Ethernet technology and help Vitesse scale its industrial IoT strategy. Microsemi said it expects "significant" synergies from the takeover, and Vitesse should add 16-20 cents a share in annual earnings the first year of the takeover. The company expects to complete the takeover by the end of June.
Tags: buy
million
usd
semiconductor
Vitesse Seeks Profit from Connectivity
2015-02-20 11:34:42| Electronics - Topix.net
Vitesse Semiconductor Corp. certainly has a list of well-heeled customers: Cisco Systems, Ericsson, Fujitsu, Hewlett-Packard, Hitachi and IBM, to name a few. But what the Camarillo company needs most is a profit.
Tags: profit
seeks
connectivity
vitesse
Vitesse Seeks Profit from Connectivity
2015-02-20 11:08:48| Semiconductors - Topix.net
Vitesse Semiconductor Corp. certainly has a list of well-heeled customers: Cisco Systems, Ericsson, Fujitsu, Hewlett-Packard, Hitachi and IBM, to name a few. But what the Camarillo company needs most is a profit.
Tags: profit
seeks
connectivity
vitesse
Vitesse Semiconductor seeks to profit from Internet-connected devices
2015-02-16 07:39:38| Semiconductors - Topix.net
"We have been in the business 30 years, doing different things," says Vitesse Chief Executive Christopher R. Gardner. "There's probably not a phone call or an email anywhere that doesn't go across a piece of Vitesse somewhere in the network."
Tags: devices
profit
seeks
semiconductor
Vitesse Enables Security Imperatives Over Ethernet Networks
2015-02-03 04:48:12| Semiconductors - Topix.net
Vitesse Semiconductor Corporation , a leading provider of IC solutions to advance "Ethernet Everywhere" in Carrier, Enterprise and Internet of Things networks, unveiled the newest additions to its 10 Gigabit Ethernet PHY portfolio, the VSC8256 , VSC8257 10/40G physical layer transceiver family enabling government-grade, FIPS-197-certified 256-bit MACsec encryption to protect critical Enterprise, Cloud and mobile network infrastructures. Cloud service providers and data centers need to enable secure Ethernet service delivery between Enterprises and the Internet Cloud.
Tags: security
networks
enables
ethernet
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