| Business Summary | | Vitesse
Semiconductor
Corp.
is
a
supplier
of
high-performance
integrated
circuits
(ICs)
principally
targeted
at
systems
manufacturers
in
the
communications
markets.
The
Company
is
also
a
supplier
of
ICs
to
other
markets
such
as
the
automatic
test
equipment
(ATE)
market.
The
Company
offers
several
products
that
address
the
needs
of
high-performance
communications
systems
at
the
622
Mb/s,
1.0
Gb/s,
1.25
Gb/s,
2.5
Gb/s
and
10
Gb/s
data
rates
for
the
SONET,
ATM,
IP,
Fibre
Channel
and
Gigabit
Ethernet
markets.
Among
the
products
offered
in
this
area
are
multiplexers,
demultiplexers,
framers,
switch
cores,
clock
generation
and
recovery
circuits,
forward
error
correction
circuits,
laser
drivers
optoelectronic
receivers
and
amplifiers.
The
Company's
major
customers
include
Alcatel,
Ciena,
Cisco,
Fujitsu,
LTX,
Lucent,
Nortel,
Sycamore
and
Tellabs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VTSS
is
a
supplier
of
high-performance
integrated
circuits
targeted
at
systems
manufacturers
in
the
communications
and
automatic
test
equipment
markets.
For
the
nine
months
ended
6/30/01,
revenues
increased
14%
to
$347
million.
Net
loss
before
extraordinary
item
totaled
$59.7
million
vs.
income
of
$16.3
million.
Revenues
reflect
growth
in
unit
shipments
of
existing
products
and
the
introduction
of
new
products.
Net
loss
reflects
a
higher
amortization
of
goodwill
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Pierre Lamond, 70 Chairman | -- | -- | Louis Tomasetta, Ph.D., 52 Pres
and CEO, Director | $682K | $15.3M | Christopher Gardner, 40 COO,
VP | 317K | 1.8M | Eugene Hovanec, 48 VP,
Fin. & CFO | 477K | 5.0M | James Mikkelson, 52 VP,
Technology Devel., CTO | -- | -- | Dollar
amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|