Tvia

Career Moves: January 22, 2007

Authored by dmw on January 22, 2007 - 2:07pm.

Career Moves is made possible by @HIRE.
Philip Rowley the chairman and CEO of AOL Europe who helped turn around the company's sagging fortunes earlier this decade, has retired, Dulles-based AOL said on Monday. Rowley, who led AOL Europe into profitable territory in 2003, will stay with the company for the next few months to help with the transition. AOL has named a pair of executives to take over his roles.

Career Moves - October 18, 2006

Authored by dmw on October 18, 2006 - 9:25am.

Video game publisher Take-Two Interactive said on Tuesday that its founder and former Chairman and CEO Ryan Brant resigned after being on disability leave since June. Brant had been employed in a non-executive capacity as Vice President of Production when he stepped down on Oct. 16, the comapny said in a regulatory filing. Brant founded the company, best known for the controversial and best-selling "Grand Theft Auto" game from its Rockstar Games studio, in 1993. Brant was CEO until February 2001 and chairman until March 2004.

Digital TV Chipmaker Tvia Says Shareholder Lawsuit Without Merit

Authored by Mark Hefflinger on October 11, 2006 - 2:19pm.

Santa Clara, Calif. - Tvia, a chipmaker for next-generation digital televisions, said on Wednesday that a shareholder class action lawsuit filed against the company, alleging violations of federal securities laws, is without merit. Filed in U.S. District Court in Northern California, the shareholder suit seeks unspecified damages for those who purchased Tvia stock between Aug. 8, 2006 and Sept. 27, 2006, and alleges the company artificially inflated the market price of its shares. Santa Clara, Calif.-based Tvia said it will seek a dismissal of all charges. The company's shares plunged 57% in late September, after it cut its second quarter outlook to revenue of $300,000 to $400,000, down from first quarter revenue of $5.1 million. Tvia attributed the lowered projections to a shortage of LCD panels and other digital TV products.

Digital TV Chipmaker Tvia Raises $11.9 Million in Private Placement

Authored by Mark Hefflinger on August 29, 2006 - 1:31pm.

Santa Clara, Calif. - Tvia, a developer of chips used in flat-panel TVs, digital video recorders and other products, announced on Tuesday that it raised about $11.9 million through a private placement of 4.77 million of its shares with institutional investors.

Digital Video Chipmaker Tvia to Raise $11.9 Million in Private Placement

Authored by Mark Hefflinger on August 16, 2006 - 5:49pm.

Santa Clara, Calif. - Tvia, a maker of digital display processors used in flat-panel TVs, broadcast digital DVRs and consumer display and monitor products, said on Wednesday that it plans to raise $11.9 million through a private placement.