NEW YORK-The stock of DSP Communications Inc. began trading on the New York Stock Exchange Dec. 8, moving over from the Nasdaq National Market, where it had been listed since the Cupertino, Calif.-based company went public in March 1995.
“We believe that our New York Stock Exchange listing may increase the potential investor base, provide greater liquidity and reduce trading volatility,” said Nathan Hod, president, chief executive officer and chairman.
DSP develops, markets, licenses and supports application specific integrated circuits and software based on digital signal processing technology for cellular, personal communications services and wireless local loop applications.
