Ramtron accepts Cypress merger offer

Cypress Semiconductor Corp. and Ramtron International will merge in a $109.8 million agreement. The merger ends a months-long courtship of the Springs-based Ramtron by Cypress, which is headquartered in San Jose, Calif. Three earlier offers by Cypress were rejected by Ramtron’s board because they were considered too low. The deal will be structured as a […]

Ramtron posts second quarter revenue increases

Ramtron International, based in Colorado Springs, posted a 58 percent increase in revenue compared to the first quarter of this year. The increase in second-quarter revenue was due to more support from the company’s Texas wafer source, assembly and test subcontractor, which allowed the company to start shipping its products in greater volume. However, the […]

Ramtron CEO resigns in second management shakeup in a week

In the second management shakeup in a week, Ramtron’s CEO Bill Staunton has stepped down, to be replaced by Eric Balzer, the company’s current chief financial officer. Staunton resigned effective Monday, and the board named Balzer CEO, according to statements from the company released today. Balzer has been a director at Ramtron since 1998, and […]

Ramtron has minor management shakeup

Colorado Springs-based Ramtron International Corp., a semiconductor supplier and developer, shuffled its management positions this week, including announcing the resignation of its COO Robert Djokovich. The company gave no reason for Djokovich’s resignation, but only said it did not intend to name a replacement for the position. Djokovich’s responsibilities will fall to Mary Chu, the […]