Newsroom

Welcome to our newsroom!  You've come to the right place to learn about our hottest product releases, industry events and exhibitions, awards and more. 

Interested in having our media alerts sent directly to your inbox? Sign up today!

 
November 11, 2020
Allegro MicroSystems, Inc. to Announce Second Quarter Fiscal Year 2021 Financial Results on Thursday, November 19, 2020
News

Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the second quarter fiscal year 2020 prior to the market opening on Thursday, November 19, 2020. Following the press release, the Company will host a conference call at 8:30AM Eastern time, the same day. Ravi Vig, President and Chief Executive Officer, Paul Walsh, Senior Vice President, Finance & Administration and Chief Financial Officer will discuss ALGM’s results.

November 04, 2020
Allegro MicroSystems Appoints Christine King to its Board of Directors
News

Allegro MicroSystems, Inc. (“Allegro”) announces the appointment of Christine King to its Board of Directors and Audit Committee, effective October 28, 2020. Ms. King is a seasoned executive in the technology sector with broad experience in the semiconductor industry. She most recently served as the President and Chief Executive Officer of Standard Microsystems, which was later acquired by Microchip Technology, where she also served as a member of the board of directors.

November 02, 2020
Allegro MicroSystems Announces Closing of Initial Public Offering and Exercise in Full of the Underwriters’ Option to Purchase Additional Shares
News

Allegro MicroSystems, Inc. (“Allegro”), announced today the closing of its previously announced initial public offering of 28,750,000 shares of its common stock at a price to the public of $14.00 per share, including the full exercise of the underwriters’ option to purchase an additional 3,750,000 shares from certain existing stockholders (the “Selling Stockholders”). Allegro’s common stock is listed on the Nasdaq Global Select Market under the ticker symbol “ALGM.”

October 28, 2020
Allegro MicroSystems Announces Pricing of Initial Public Offering
News

Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), announces the pricing of its initial public offering of 25,000,000 shares of its common stock at a price to the public of $14.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol “ALGM” on October 29, 2020. The gross proceeds of the offering, before deducting the underwriting discount and offering expenses, are expected to be $350.0 million. The offering is expected to close on November 2, 2020, subject to customary closing conditions.

October 21, 2020
Allegro MicroSystems Announces Filing of Launch of Initial Public Offering
News

Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, announced today that it has commenced a proposed initial public offering of its common stock. Allegro is offering 25,000,000 shares of its common stock to the public.

October 19, 2020
Allegro Launches Industry's Largest Portfolio of Grade 0 Auto Gate Drivers for 48V Systems
News

Allegro launches the industry’s largest portfolio of grade 0 automotive gate drivers for advanced 48V battery systems offering world-class features and advanced safety diagnostics in ultra-small packages including the A89500, A89503, AMT49502, and AMT49100/1.

October 06, 2020
Allegro MicroSystems Announces Filing of Registration Statement for Proposed Initial Public Offering
News

Allegro announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of its common stock.

August 31, 2020
Allegro MicroSystems Acquires Voxtel, Inc.
News

Allegro MicroSystems announced the acquisition of Voxtel, Inc, a privately held company specializing in advanced photonic and 3D imaging technology including long-range, eye-safe Light Detection and Ranging (LiDAR). This acquisition brings together Voxtel’s significant laser and imaging expertise with Allegro’s automotive leadership and scale to enable the next generation of Advanced Driver Assistance Systems (ADAS).

August 12, 2020
Allegro MicroSystems Announces General Counsel Transition
News

Allegro MicroSystems announces that Chris Brown has joined the executive leadership team as Senior Vice President, General Counsel and Assistant Corporate Secretary. Chris is the successor to Richard Kneeland, Allegro’s General Counsel since 2007 who has transitioned to the role of Senior Vice President, Special Counsel and Corporate Secretary.