SiliconBeat

IXYS,  the Milpitas maker of power-control semiconductors that said in May it wouldn’t provide guidance on future revenue because of “changing economic conditions”, nevertheless included revenues among five performance objectives it approved relating to the 2010 cash bonus for Chief Executive Nathan Zommer, whose target bonus was set at $300,000 and could be as much as Read the rest of this entry »

IXYS, the Milpitas maker of semiconductors used to control electricity in power conversion systems and other power-related applications, reported a 27 percent drop in sales for its fiscal 2009 fourth quarter ended in March.

The company reported a net loss of Read the rest of this entry »

Shareholders of IXYS voted down the company’s proposed 2008 Equity Incentive Plan at the company’s annual shareholder meeting on Friday, according to a filing the Milpitas chip maker made Monday. The company’s board of directors adopted the new plan in May and was seeking approval from shareholders for reserving Read the rest of this entry »

Zilog’s latest suitor appears to have lost interest. A day after the San Jose chip maker set a May 30 date for its formal response to IXYS’s offer to buy the company for $4.50 a share, the Milpitas maker of power-supply semiconductors said in a filing it had lowered its stake in Zilog to below 5 percent. Read the rest of this entry »

Zilog, the San Jose chip maker that spurned advances from L.A. investor Bryant Riley back in February, received another proposal Friday, this one from a local beau. IXYS, the Milpitas maker of chips used to control energy in power supplies, proposed acquiring Zilog for $4.50 a share, payable through a combination of cash and stock. That’s nine percent higher than Zilog’s close Friday before the offer became public. Read the rest of this entry »