Vitesse Semiconductor

Further, Vitesse offers a range of transport processing products, such as framers, mappers, and switches, which support data rates up to 10 Gbit/s for SONET/SDH, EoS, and OTN applications.

[5] Vitesse developed a minisupercomputer intended for the scientific market and employing the company's GaAs chips.

Reportedly management was unable to raise sufficient funds and thought bringing the product to market would take too long.

[10] In June 2014, the Camarillo-based chip company announced a $23.2M stock offering, a planned sale of 7.5 million shares at $3.35 each, to be used for working capital and general corporate purposes.

[13] In the June 2014 offering, Vitesse's largest shareholder, Raging Capital Management LLC, purchased an additional 1.6 million shares.