Wednesday, August 27, 2014

Vitesse Names New Board Member

Camarillo-based Vitesse Semiconductor, the developer of semiconductors for the networking market, said late Tuesday that it has added a new member to its board of directors. The company said it has appointed William C. Martin, Chairman and Chief Investment Officer of Raging Capital Management, to its board. Vitesse said that Raging Capital is the company's largest stockholder, owning over 21 percent of its shares. Martin has previously served on the boards of Bankrate and Salary.com.

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