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To: Perry P. who wrote (8209)	3/21/2000 1:42:00 PM
From: Scrapps	Respond to of 9236

Intel to buy semiconductor designer Basis for $450 million, DSL growth cited Intel Corp. today announced it has entered into an agreement to acquire privately-held semiconductor designer and marketer Basis Communications Corp. in a transaction valued at approximately $450 million in cash and assumed options. Growth rates for communications equipment used in homes and small to medium-size businesses are expected to increase significantly with the widespread deployment of DSL technologies and data-over-cable services. Intel plans to incorporate Basis' network processor technology into the Intel Internet Exchange architecture in order to pursue these opportunities. "The acquisition of Basis allows us to supplement the IX architecture with a network processor specifically designed for customer premise equipment, such as residential gateways and routers built to take advantage of DSL deployment,' said Tom Franz, Intel vice president and general manager, Network Processing Group. "Intelligent systems based on this technology will help enable businesses and homes to take full advantage of new services made possible by high bandwith connections to the Internet.' 21-Mar 2000 8:44 AM