MQS Management LLC purchased a new position in Lattice Semiconductor in the fourth quarter worth $252,000. LLC now owns 1,520,055 shares of the semiconductor company’s stock worth $98,621,000 after acquiring an additional 1,443,368 shares in the last quarter. LLC raised its position in Lattice Semiconductor by 1,882.2% in the fourth quarter. Tredje AP fonden purchased a new position in Lattice Semiconductor in the fourth quarter worth $956,000. Several other large investors have also modified their holdings of LSCC. ![]() PNC Financial Services Group Inc.’s holdings in Lattice Semiconductor were worth $596,000 at the end of the most recent quarter. The fund owned 9,189 shares of the semiconductor company’s stock after selling 274 shares during the quarter. ( NASDAQ:LSCC – Get Rating) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). lessened its stake in shares of Lattice Semiconductor Co. McCollum Returns to Oregon for Wine Tasting - McCollum will be present at a Saturday meet and greet with Adelsheim Vineyard, with which he has had a partnership since 2017.PNC Financial Services Group Inc. Starting Monday, Low-Income Multnomah County Residents Can Enter Lottery for Housing Choice Vouchers - 2,000 applicants will be chosen at random from the waiting list, which closes Friday.Eugene-Based Hummingbird Wholesale Announces Transition to Employee-Owned Purpose Trust - Owners ensure their vision for supporting organic farming in Oregon continues for generations.Number of Unhealthy Air Days in Oregon Trending Upward, Per DEQ Report - More robust tracking is measuring API levels across Oregon as wildfire seasons continue to worsen.Revolutionizing the Meat Industry by Returning it to its Roots - Bringing sustainability and food security through a local farming, processing and distribution model.Now the company is working to speed up charging infrastructure. Charging Ahead - Daimler Truck North America unveiled the prototype for an electric Class 8 truck last year to great fanfare and a surge of orders.Lattice said it had received a financing commitment of $350 million from Jefferies Finance to help fund the deal. ![]() Lattice, with a market cap of just under $800 million, will have to borrow substantially to complete the deal. The company had around $260 million in cash and equivalents at the end of September, its most recent reporting date. The deal thrilled investors: Lattice shares jumped more than 10 percent to $7.26 despite an abysmal day for the markets. reported on the details of the acquisition and its effect on the market: “For the first time in the semiconductor industry, a single company will combine the design flexibility and time to market benefits of ( field-programmable gate arrays), with the highly integrated, function and cost optimization benefits of ASSP solutions. ![]() “This is a truly transformative event for both Lattice Semiconductor and Silicon Image,”Darin Billerbeck, Lattice Semiconductor’s president and CEO, said in a release. Lattice, which makes programmable chips, said the arrangement means the entities can “drive early collaboration during product design and ultimately deliver optimized ( application-specific standard product) solutions.” The company will also sport a solid IP portfolio and expects to be “immediately accretive on a non-GAAP basis” because of improvements to its expense and supply chain operations. The deal marks the most expensive acquisition an Oregon company has made since 2007.Īndy Giegerich of the Portland Business Journal explained the motives for the deal: Lattice Semiconductor purchased a California-based imaging company for $600 million, the Hillsboro group announced on Tuesday morning.
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