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News Breaks
August 18, 2014
16:10 EDTOVTIOmniVision says reviewing and evaluating HCM’s proposal
OmniVision Technologies said in a regulatory filing that it issued a press release on August 14 announcing that the Board of Directors of OmniVision received a preliminary non-binding proposal letter dated August 12 from Hua Capital Management, a Beijing-based investment management company, pursuant to which a group of investors led by HCM proposes to acquire all of the outstanding shares of common stock of the company for $29.00 in cash per share. The investment group led by HCM includes Shanghai Pudong Science and Technology Investment Co, a wholly state-owned limited liability company directly under Pudong New Area government of Shanghai. OmniVision’s Board is reviewing and evaluating HCM’s proposal. OmniVision Technologies said, "No decision has been made with respect to the proposed transaction. There can be no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated. The company does not undertake any obligation to provide any updates with respect to this or any other transaction, except as required under applicable law. OmniVision has retained J.P. Morgan Securities LLC as its financial advisor, and Wilson Sonsini Goodrich & Rosati, P.C. as its legal counsel."
News For OVTI From The Last 14 Days
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February 26, 2015
18:43 EDTOVTIOn The Fly: After Hours Movers
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16:30 EDTOVTIOmniVision sees Q4 adjusted EPS 15c-31c, consensus 12c
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16:29 EDTOVTIOmniVision reports Q3 adjusted EPS 38c, consensus 29c
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15:30 EDTOVTINotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Monster Beverage (MNST), consensus 59c... Ross Stores (ROST), consensus $1.11... Gap (GPS), consensus 74c... Autodesk (ADSK), consensus 24c... Universal Health Services (UHS), consensus $1.50... Southwestern Energy (SWN), consensus 50c... Ensco (ESV), consensus $1.36... J.C. Penney (JCP), consensus 11c... Nimble Storage (NMBL), consensus (14c)... Herbalife (HLF), consensus $1.22... Allscripts Healthcare (MDRX), consensus 9c... SBA Communications (SBAC), consensus 2c... Aruba Networks (ARUN), consensus 27c... Splunk (SPLK), consensus 4c... Air Lease (AL), consensus 61c... Ingram Micro (IM), consensus 99c... Weight Watchers (WTW), consensus 7c... Northern Oil and Gas (NOG), consensus 19c... Envision Healthcare (EVHC), consensus 36c... Infoblox (BLOX), consensus 5c... Live Nation (LYV), consensus (41c)... OmniVision (OVTI), consensus 29c... Bonanza Creek Energy (BCEI), consensus 27c.
February 24, 2015
09:01 EDTOVTIOmniVision and eyeSight announce technology collaboration
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February 18, 2015
09:02 EDTOVTIOmniVision and Almalence partner for high-res images on mobile devices
OmniVision Technologies is collaborating with Almalence to bring DSC-like performance to mobile applications. The coupling of OmniVision image sensors with Almalence's computational imaging algorithms allows for the capturing of high resolution images or videos in low-light conditions.

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