There was a substantial headcount reduction at that time. This page was last edited on 3 December , at From Wikipedia, the free encyclopedia. The company ticker was “VRTA”. Retrieved from ” https: Typical customers licensed the semiconductors e. In an effort to reduce operating costs GlobespanVirata embarked on a series of site closures and employee headcount reduction.
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From Wikipedia, the free encyclopedia. On December 14,the respective shareholders approved the merger and Globespan shareholders also approved changing the name of the company to GlobespanVirata, Inc.
A typical product is the Helium launched in August The DSL semiconductor market became increasingly commoditized and, in NovemberConexant Systems and GlobespanVirata announced an agreement to combine the two companies in a strategic merger.
GlobespanVirata – WikiDevi
Views Read Edit View globepan. The product offering was stronger on communications processors viratta integrated networking software than it was on physical layer and DSL firmware. Archived from the original on There is also research available on the role the company played in Silicon Valley venture networks. In Septemberdue to slow uptake in the ATM systems business, the company opted for a new business strategy focusing on semiconductor design and licensing.
Virata’s systems expertise, products and support services simplify development; maximize opportunity for differentiation and speed time-to-market.
In other projects Wikimedia Commons. Globeespan Augustit closed the Raleigh  and Maynard offices, for example, and there were lay-offs at most sites.
On March 21,the Board of Directors approved a two-for-one split of Virata’s common stock. Case studies  and research papers  have been created to illustrate the role of social networking in the creation of Virata’s success.
Retrieved from ” https: Many ex-Virata employees are now employed by leading semiconductor companies, both in Cambridge and in other parts of the world, and several have gone on to form new companies. Typical customers licensed the semiconductors e.
A new building of 2, sq.
In Februarythe Company changed its name to Virata Limited. In an effort to reduce operating costs GlobespanVirata embarked on a series of site closures and employee headcount reduction. The merger was completed on March 1, The company ticker was “VRTA”.
The choice of name derived from a product family name used by ATML, but it was also derived from an Italian verb vrata “to change course” as used in the nautical context of “tacking” – making progress against a prevailing headwind. It also had a boardroom with a now-infamous table in the shape of a “V” and a presenter’s podium in the shape of the “dot” over the “i” in the Virata logo.
FORM OF PROXY CARD FOR GLOBESPAN VIRATA
There was a substantial headcount reduction at that time. These include for example: The company description globexpan was: A period of intense company acquisition began in February with the acquisition of D2 Technologies.
By June the remainder of the staff LSI and software were also redundant and the Cambridge site was closed. This page was last edited on 3 Decemberat