GlobespanVirata completed its acquisition of Intersil’s Wireless Networking Products Group. GlobespanVirata paid Intersil $250 million in cash and issued 15,462,185 shares of GlobespanVirata common stock. The deal was originally announced on 15-July-2003.
http://www.globespanvirata.com
GlobespanVirata Closes Acquisition of Intersil's Wireless Group
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From the Graveyard
You just read about GlobespanVirata. One of the companies whose work it now carries:
Virata built DSL and communications processors. What became of it?
Virata brought DSL and communications processors to Semiconductor. That work was distinctive enough to lead to its merger with GlobespanVirata for US$1.3B. The standalone name now passes into the archive — but the team and technology continue inside GlobespanVirata today. One of 430 names here whose work outlived the company.
On this day
August 27From 25 years of the Converge Digest archive.