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Vitesse Semiconductor investors buy more than 3 million shares
By Lisa Kerner
Charlotte, N.C., March 16 - Vitesse Semiconductor Corp. investors led by Kopp Investment Advisors, LLC bought 3,141,500 shares of the company's stock between Jan. 5 and March 6.
The shares were priced from $0.23 to $0.44 each, according to a schedule 13D/A filing with the Securities and Exchange Commission.
Kopp beneficially owns 17,300,800 shares, or 7.49%, 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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