Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Virata Corporation (VRTA) -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (108)	8/21/2000 8:15:11 AM
From: jghutchison	Respond to of 195

Pat, OK, I get the picture. No need for that beauty rest. Surfing the net at all hours of the night. tsk tsk. ;-)) Tkx, Jack

To: pat mudge who wrote (108)	8/23/2000 9:10:30 AM
From: Michael F. Donadio	Read Replies (1) \| Respond to of 195

Virata Juggernaut Continues: biz.yahoo.com Hi Pat, I don't know about you Pat, but Virata seems to be the company I once hoped Amati would become. Any thoughts? Wednesday August 23, 8:01 am Eastern Time Press Release SOURCE: Virata Virata Completes Acquisition of Excess Bandwidth Corporation to Become the Only Company Offering Complete Solutions for Both Asymmetric and Symmetric DSL Virata Gains Access to Excess Bandwidth's DSL Technologies For SDSL, HDSL2 and G.Shdsl Products SANTA CLARA, Calif., Aug. 23 /PRNewswire/ -- Virata Corporation (Nasdaq: VRTA - news) today announced that it completed its acquisition of Excess Bandwidth Corporation, a leading developer of advanced algorithms and mixed- signal semiconductors for high-bandwidth symmetric DSL applications, on August 22. Under the terms of the merger agreement, Virata will issue approximately 6.3 million shares of its common stock to acquire all of the outstanding shares and options of Excess Bandwidth. ``With the acquisition of Excess Bandwidth, Virata is well positioned to provide a complete range of major building blocks for manufacturers targeting customer premises or central office DSL equipment,'' said Virata Chief Executive Officer Charles Cotton. ``With a growing arsenal of DSL solutions -- including communication processors, voice processors, integrated communication and network management software, ADSL and symmetric DSL physical layer solutions -- Virata is able to offer its customers the most advanced technology available to support their needs in the rapidly evolving DSL industry.'' Effective immediately, Virata intends to expand operations at Excess Bandwidth's Cupertino, Calif., facility to speed the delivery of symmetric DSL solutions. About Virata Virata Corporation provides communications processors combined with integrated software modules to manufacturers of equipment utilizing digital subscriber line (DSL) technologies. These ``integrated software on silicon'' (ISOS) product solutions enable customers to develop a diverse range of broadband wireless and DSL equipment including modems, gateways, routers, line cards and integrated access devices targeted at the voice and high-speed data network access market. Virata's products are designed to enable DSL equipment manufacturers to simplify product development, reduce the time it takes for products to reach the market and focus resources on product differentiation and improvement. Virata is a principal member of the official ATM Forum, Bluetooth SIG organization, the DSL Forum, HomePNA, ITU, MPLS Forum, OpenDSL Alliance and UPnP Forum. A publicly traded company on the Nasdaq Stock Market, Virata was founded in 1993 and is headquartered in Santa Clara, California. All the best, Michael