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Allegro Microsystems Inc (NASDAQ: ALGM) |
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Allegro Microsystems Inc
Officers & Directors
Yoshihiro (Zen) Suzuki Chairman of the Board of Directors Joseph Martin Director Katsumi Kawashima Director Paul Carl (Chip) Schorr IV Director Vineet Nargolwala President, Chief Executive Officer (Principal Executive Officer) Kojiro Hatano Director Derek P. D Antilio Chief Financial Officer (Principal Financial Officer) David Aldrich Director Richard Lury Director Susan Lynch Director Mary Puma Director Jennie Raubacher Director Roald G. Webster Vice President, Chief Accounting Officer ,
Allegro Microsystems Inc currently has 4593 employees.
News about Allegro Microsystems Inc Key Personnel |
MANCHESTER, N.H. - In a dramatic turn of events, Allegro MicroSystems, Inc. (NASDAQ: ALGM), a prominent player in innovative sensor technology, has issued a statement on April 15, 2025, following the withdrawal of an unsolicited acquisition proposal from onsemi. The offer, which valued Allegro at $35.10 per share, was viewed as inadequate by Allegro s Board of Directors, reflecting a critical moment for the company as it grapples with significant financial challenges.Earlier, on March 6, 2025, Allegro found itself confronting a dilemma—caught between the allure of acquisition interest and the stark reality of its financial struggles. With a cumulative net loss of $65 million in the past twelve months and a...
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MANCHESTER, N.H. - March 06, 2025 - Allegro MicroSystems Inc. a name synonymous with innovative sensor technology, finds itself at a crossroads following an unsolicited acquisition proposal from onsemi, valued at $35.10 per share. While the offer may seem enticing on the surface, Allegro’s Board of Directors has deemed it inadequate, a decision that could reshape its future in a fiercely competitive semiconductor landscape.This proposal comes at a critical juncture for Allegro, which has recorded a staggering cumulative net loss of $65 million over the last twelve months, culminating in a negative return on assets (ROA) of -4.58%. The company s financial performance starkly contrasts with the broader Tech...
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