TranSwitch filed a prospectus supplement to sell up to an aggregate of $10,000,000 of its common stock (Shares) through an “at-the-market�? (ATM) offering. The company said it intends to use the proceeds from any sales related to the offering for product development, working capital and other general corporate purposes. http://www.transwitch.com
TranSwitch to Raise $10 Million in Stock Offering
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From the Graveyard
You just read about TranSwitch. One of the companies whose work it now carries:
Centillium Communications built DSL, VoIP and optical access semiconductors. What became of it?
Centillium Communications brought DSL, VoIP and optical access semiconductors to Semiconductor. That work was distinctive enough to lead to its acquisition by TranSwitch for US$42.8M. The standalone name now passes into the archive — but the team and technology continue inside TranSwitch today. One of 430 names here whose work outlived the company.
On this day
February 9From 25 years of the Converge Digest archive.