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Technology Stocks : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (8273)	3/27/2000 3:11:00 PM
From: Perry P.	Read Replies (2) \| Respond to of 9236

Mar. 24, 2000 (Electronic Engineering Times - CMP via COMTEX) -- SAN MATEO, CALIF. - Digital subscriber line chip set provider Virata Corp. (Santa Clara, Calif.) is acquiring software vendor Inverness Systems Ltd. Virata will swap 850,000 shares of its common stock in exchange for Inverness and its suite of asynchronous transfer mode, Internet Protocol and MPLS networking software. Virata already offers its own software stack to support its DSL chips and is betting that the Inverness acquisition will reinforce its competitive strategy. This is the second deal this year that saw a DSL chip company pick up a software concern. In January, GlobeSpan Inc. announced the acquisition of Ficon Technology Inc., a supplier of software for packet-based broadband access and switching systems. Remaining independent communications software providers include Trillium Digital Systems Inc., Aware Inc., and Harris and Jeffries Inc. "The algorithms for DSL are nontrivial, and the body of expertise in the field is slim. That kind of expertise is very hard to build up," said Will Strauss, president of market research firm Forward Concepts (Tempe, Ariz.). eetimes.com Looks like Virata and Globespan can't figure out how to write the necessary software for their chips, so they buy the knowhow. And by the way, WHO THE HELL KEEPS SELLING THEIR SHARES?????????? Perry