Gabelli, Gamco purchase more shares of California Micro Devices

By Lisa Kerner

Charlotte, N.C., Feb. 5 - California Micro Devices Corp. investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. upped their ownership interest in the company to 6.38% from 5.3% with the purchase of an additional 251,100 shares of the company's stock.

The shares were acquired between Dec. 27 and Feb. 4, priced from $3.28 to $4.60 per share.

The reporting persons beneficially own 1,481,300 shares of the Milpitas, Calif., company.

Gabelli and Gamco reported the transactions in a schedule 13D filing with the Securities and Exchange Commission.

California Micro designs and sells application-specific protection devices and display electronics devices for the mobile handset, digital consumer electronics and personal computer markets.

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