
NEW YORK, April 24 (Reuters) - A jury could not reach a verdict in the trial of two top former executives of Vitesse Semiconductor Corp accused of inflating company earnings and backdating options, prompting the judge to declare a mistrial.
Vitesse ( VTSS ) FQ4 misses estimates , swinging to a loss for the quarter on weak demand globally. The stock is up in after-hours trading
A day after rival Vitesse ( VTSS ) cut its guidance , Mindspeed ( MSPD -2% ) does the same , though its cut is more modest. Mindspeed expects FQ4 revenue of
Vitesse Semiconductor ( VTSS ) becomes the latest chipmaker to cut its guidance , warning FQ4 revenues will be in a range of $29M-$30.5M, compared with
expected to close in the first half of 2012. The firm calls the deal a "strategic fit" that should deliver financial results. Rivals in the space potentially seeing interest: LSI , CAVM , MRVL , VTSS , FSL , PMCS , AMCC . Post your comment!
executive positions with technology companies, serving most recently as vice president and general manager of Vitesse Semiconductor VTSS . Howard Janzen became nonexecutive chairman after former CEO and chairman Hassan Ahmed left the company in
executive positions with technology companies, serving most recently as vice president and general manager of Vitesse Semiconductor VTSS . Howard Janzen became nonexecutive chairman after former CEO and chairman Hassan Ahmed left the company in
We are dropping coverage of Vitesse Semiconductor VTSS to focus our resources elsewhere.
Vitesse Semiconductor VTSS recently provided an update on the status of its business. Vitesse has yet to file its financial statements and is still restating
Agere as the market share leader for telecom equipment chips in 2005. PMC-Sierra PMCS was a close second and Vitesse Semiconductor VTSS came in third. The LSI-Agere combination will have annual sales of more than $3 billion and is expected