[wikichart align=”left” ticker=”VTSS” showannotations=”true” livequote=”true” rollingdate=”6 months” width=”390″ height=”245″] The markets gave Camarillo-based Vitesse Semiconductor’s turnaround strategy a vote of confidence June 25 as the company sold out a stock offering that netted it $37.5 million. The company closed an offering of 18.7 million shares at a price of $2.15 each for a gross of Read More →
By Stephen Nellis / Friday, June 21st, 2013 / Features, Technology / Comments Off on Transonic Combustion fires up new plan: Camarillo firm works with big automakers
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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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By Stephen Nellis / Friday, June 14th, 2013 / Features, Technology / Comments Off on On fast track to turnaround: Vitesse rolls out new products, sees path to sales growth
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