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Revision History For: GlobeSpan

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GlobeSpan Semiconductor designs integrated circuits
used in data transmission equipment that spans the
cyber-world. Its chipsets are incorporated into
modem-related digital subscriber line (DSL) equipment
and enable speedy data transmission for use in
corporate network, Internet, and video-on-demand
applications. They also contain a microprocessor and
software that can be used to set data transmission
rates. GlobeSpan, which emerged from Lucent
Technologies' 1996 spinoff of AT&T Paradyne,
outsources the manufacture of its products to Lucent.
Customers include Cisco (48% of sales), NEC (13%),
and Ascom Hasler (9%). A majority-owned partnership
of Texas Pacific Group owns 93% of GlobeSpan
Semiconductor.