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Technology Stocks : Intel Corporation (INTC)
INTC 49.01+0.4%3:03 PM EST

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To: Paul Engel who wrote (82002)5/29/1999 1:24:00 AM
From: Amy J  Read Replies (1) of 186894
 
From Red Herring:

Spice world: Silicon Spice, a secretive network-chip developer headed by former AMD Vinod Dham, has hired Rick Hyman as VP of sales from MMC Networks (Nasdaq: MMCN -- could they be getting close to market? ...

siliconspice.com
We're a semiconductor start-up developing a completely new technology that will dramatically alter the telecommunications industry. We're not using the same approach as a hundred other communications companies. We're designing a revolutionary new processing architecture to create unprecedented performance in telecommunications applications. In short, we're making some basic changes in the way people communicate.

In March 1997, Silicon Spice received first-round venture capital funding of $3.3 million from leading venture capital firms, including New Enterprise Associates (NEA), Chemicals and Materials Enterprise Associates (CMEA) and World View Technology Partners. In April 1998, Silicon Spice closed $7.0 million in second round funding from its first round investors with Kleiner, Perkins, Caufield & Beyers joining as a new investor. In April 1998, Vinod Dham was named President & CEO. Mr. Dham was previously Vice President and General Manager of Intel and AMD, overseeing Intel's 486 and Pentium developments and AMD's K6 development. Details of our exciting new technology are available under NDA to potential customers, partners and employees.

Silicon Spice is still deep in product development, but we've got our sights set high. While we're not yet making headlines, we are making some big changes in wide area communications. Watch this Web site for important updates.
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