Vitesse Semiconductor investor buys more shares, boosts stake to 8.5%

By Lisa Kerner

Charlotte, N.C., Aug. 17 - Vitesse Semiconductor Corp. investors led by Kopp Investment Advisors, LLC bought a net 369,800 shares in a series of buy and sell transactions between June 17 and Aug. 7.

The shares were priced from $0.25 to $0.44 each, according to a schedule 13D/A filed on Monday with the Securities and Exchange Commission.

Kopp beneficially owns 19,641,215 shares, or 8.5%, 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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