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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 | ||||||||||||||
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