Virage Logic: Proposed Symbol- (VIRL)
For years, the semiconductor industry has predicted that one day, all of the work of a
complex electronic device will be handled by a single piece of silicon.
Now, with many of the economic and technical hurdles being conquered, firms in the so-called
system-on-a-chip market are looking to cash in.
Among those is Fremont, Calif.-based Virage Logic, which this
week filed to sell up to $40 million worth of shares in an initial
public offering. Virage designs embedded memory circuits that can
be incorporated into a large, highly integrated chip.
Like numerous semiconductor start-ups, Virage is a chipmaker that
doesn't actually make chips. Instead, the company is an
intellectual property firm that licenses its technology to larger
manufacturers for royalties.
Link to the CNET Article that caught my attention:
yahoo.cnet.com |
