Fremont R&D site, Fremont Ford parcel sold Oct 18, 2008
Arvay represented the buyer, Levy Fremont Boulevard I LLC. The seller was ESS Technology, represented by Jim Abarta and Rob Shannon with Colliers International. Arvay, along with John King of Meridian Real Estate Services, also represented both buyer and seller in the sale of a 13. (San Jose Business Journal, CA)
ESS Technology Announces Merger With a Subsidiary of Imperium Master Fund, Ltd. Jul 1, 2008
June 30 /PRNewswire-FirstCall/ -- ESS Technology, Inc. ("ESS") today announced that it reincorporated to Delaware and subsequently merged with a wholly owned subsidiary of the Imperium Master Fund, Ltd. ("Imperium"), a fund managed by Imperium Partners Group, LLC, pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 21, 2008, among ESS, Echo Technology (Delaware), Inc., a wholly owned subsidiary of ESS, Semiconductor Holding Corporation, a... (PR Newswire)
ESS Technology Announces Approval of Reincorporation to Delaware Jun 28, 2008
June 27 /PRNewswire-FirstCall/ -- ESS Technology, Inc. (Nasdaq: ) today announced that its shareholders approved the proposed reincorporation of ESS Technology from California into Delaware at the annual meeting of the ESS Technology shareholders. While ESS Technology's shareholders have approved the reincorporation merger, the closing of the reincorporation merger and the subsequent acquisition of ESS Technology by a wholly-owned subsidiary of Imperium Master Fund, Ltd., a fund managed by... (PR Newswire)
Mining for winners among the unloved May 12, 2008
Cummins, one of the world's largest producers of diesel engines, jumped 51 per cent; ESS Technology, a semiconductor company, gained almost 23 per cent.. Over all, 12 stocks rated sell or underperform a little over a year ago have returned 15 per cent as a group since inception in mid-March, 2007 (including dividends). (Globe and Mail -- Business)
ESS Technology Mourns Passing of Chairman Bruce J. Alexander Mar 27, 2008
March 26 /PRNewswire-FirstCall/ -- The management and board of directors of ESS Technology, Inc. (Nasdaq: ) today announced the passing of its chairman, Bruce J. Alexander ... "We are all shocked and deeply saddened by the sudden loss. Bruce offered tremendous support, guidance, and leadership to me and the company, not only in the recent past but going back many years when he served as our lead investment banker," said Robert Blair, president and CEO of ESS. "On behalf of all of ESS... (PR Newswire)
ESS Technology Appoints John Marsh Chief Financial Officer Aug 16, 2007
Aug. 15 /PRNewswire-FirstCall/ -- ESS Technology, Inc. (Nasdaq: ) today announced the appointment of John Marsh, ESS's Corporate Controller, to the position of vice president and chief financial officer ... Robert Blair, ESS's president and CEO said, "We are very fortunate to have someone of John Marsh's caliber and experience within the organization. He has the skills and the ability to lead ESS's finance and accounting functions, and combined with his knowledge of the company, makes him the... (PR Newswire)
ESS Technology settles class action suit Aug 4, 2007
In July, Fred Chan, who founded ESS Technology 23 years ago, said he would step down from his post as chairman of its board of directors. Chan left ESS to focus on philanthropy. (San Jose Business Journal)
ESS Technology considers liquidation Jun 20, 2007
s part of its review of strategic alternatives, ESS Technology Inc. said that it will investigate a total liquidation of the company. Management has advised the company's Strategic Transaction Committee that costs associated with a total liquidation could be between $6 and $12 million. (EETimes)
James B. Boyd to Resign as CFO at ESS Technology Jun 19, 2007
June 18 /PRNewswire-FirstCall/ -- ESS Technology, Inc. (Nasdaq: ) announced today that James B. Boyd, senior vice president of finance istration and chief financial officer, has taken a full time position with another company to act as its chief financial officer starting June 20, although he will also continue to act as the interim chief financial officer for ESS until the filings for the June quarter have been made ... About ESS Technology ESS, headquartered in Fremont, California, has Res,... (PR Newswire)
Tuesday's Stocks to Watch Jun 19, 2007
ESS Technology Inc. () said James B. Boyd, chief financial officer and senior vice president of finance and administration, resigned to become financial chief at Silicon Storage Technology Inc. (), effective June 20 ... Boyd was most recently CFO of 000005A8 ESS Technology. (Fox News)
ESS Technology swings to Q1 profit May 11, 2007
Fremont-based ESS Technology (NASDAQ: ESST) posted first-quarter net income of $4. 6 million, or 13 cents per share, compared with a 2006 first-quarter net loss of $14. (East Bay Business Times, CA)
Stocks to Watch, Feb. 29 Mar 1, 2007
ESS Technology Inc. () reported a fourth-quarter net loss of $10. 4 million, or 28 cents a share, compared with a net loss of $52. (Fox News)
ESS sells HD-DVD, Blu-ray technology for $13.5M Feb 17, 2007
SAN FRANCISCO Digital vendor ESS Technology Inc. has sold its HD-DVD and Blu-ray Disc technologies and related assets to SiS Holding Ltd., a Hong Kong-based electronics distributor, for $13. 5 million, ESS said Friday (Feb. (EETimes)
