US01749D1054 - Common Stock
ALLEGRO MICROSYSTEMS INC
NASDAQ:ALGM (12/26/2024, 1:40:05 PM)
22.3658
+0.11 (+0.48%)
Allegro MicroSystems, Inc. engages in the development and manufacture of sensor integrated circuits (“ICs”) and application-specific analog power ICs. The company is headquartered in Manchester, New Hampshire and currently employs 4,593 full-time employees. The company went IPO on 2020-10-29. The company is a supplier of magnetic sensor IC solutions in the automotive market. Its sensor ICs enable its customers to precisely measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor drivers, power management ICs, light-emitting diode driver ICs and isolated gate drivers. Its diverse product portfolio provides solutions for the electrification of vehicles, automotive advanced driver assistance systems (ADAS) safety features, automation for Industry 4.0 and power saving technologies for data centers and clean energy applications. Through its subsidiary, Crocus Technology, Inc. offers tunnel magnetoresistance (TMR) solutions that provide magnetic sensitivity, lower power consumption, and the smallest size in comparison to other magnetic technologies.
ALLEGRO MICROSYSTEMS INC
955 Perimeter Road
Manchester NEW HAMPSHIRE 03103
P: 16036262300
CEO: Ravi Vig
Employees: 4593
Website: https://www.allegromicro.com/en
Shareholders of Allegro MicroSystems would probably like to forget the past six months even happened. The stock dropped 24.4% and now trades at $21.08. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Allegro's innovative technology is transforming sensing and power to enable a smarter, more efficient future
Allegro's innovative technology is transforming sensing and power to enable a smarter, more efficient future...
Allegro's A89224 Automotive SoC Recognized for Innovation at Electronica 2024
Allegro's A89224 Automotive SoC Recognized for Innovation at Electronica 2024 ...
/PRNewswire/ -- Cyient, a global Intelligent Engineering services company, today announced the expansion of its partnership with Allegro MicroSystems, Inc....
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