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A boardroom brawl just resulted in the ouster of Semtech's CEO -- one day after the company reported a big net loss.
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The firm once traded on the Toronto Stock Exchange (SEM.A and SEM.B). It was renamed Semi-Tech Corporation in 1994 as it diversified into consumer products. The company had bad bonds and millions of dollars of Canadian shareholders were burned. By late 1999, the company had just $600,000 in cash and unpaid debts of $650 million. [4]
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9:00 a.m. ET: Home price growth continues to slow U.S. home price appreciation has eased slightly, according to a fresh read on the Standard & Poor’s S&P CoreLogic Case-Shiller national home ...
In December 1999, Semtech bought USAR Systems Inc., a maker of embedded devices for handheld and notebook computers, for $26.7 million in stock. [ 18 ] [ 19 ] In March 2012, it bought Gennum Corporation, a supplier of high-speed analog semiconductors, for approximately CA$500 million ( US$494 million). [ 20 ]
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Wired for Innovation: Semitech Semiconductor Brings Adaptable IIoT Connectivity to Specialized Markets 07/30/2024 14:00 -0400 MELBOURNE, Australia, July 30, 2024 (GLOBE NEWSWIRE) -- Subterranean sensors in mining operations.