Kopp buys more than 1 million shares of Vitesse Semiconductor

By Lisa Kerner

Charlotte, N.C., Aug. 22 - Vitesse Semiconductor Corp. investors led by Kopp Investment Advisors, LLC bought 1,181,500 shares of the company's stock as an investment.

The shares were purchased between July 22 and Aug. 14 priced from $0.67 to $0.93 each, according to a schedule 13D filing with the Securities and Exchange Commission.

Kopp beneficially owns 13,975,250 shares, or 6.27%, of the Camarillo, Calif.-based company.

Vitesse is a designer, developer and marketer of semiconductor services for communications and storage networks.

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