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All in the Family

Coda Music Technology + Net4Music, Frontline Communications + Delanet.com, Wizardnet, MyFamily.com + RootsWeb.com, Questar + Consonus, Telemesser + e-go systems, Virata + Excess Bandwidth









 Virata (VRTA) to acquire Excess Bandwidth

 

   *  Amount:         $315 million

 

   *  Terms:            6.3 million shares
 

   *  Premium:        n/a

 

   *  Industry:        Speed/Bandwidth

 

   *  Scorecard:      A-

 


    SANTA CLARA, June 21--Virata Corporation announced it has signed a definitive agreement to acquire privately held Excess Bandwidth Corporation in exchange for approximately 6.3 million shares of Virata common stock, valued at approximately $315 million. The Excess Bandwidth transaction is expected to provide Virata with symmetric DSL physical layer capabilities targeted at the high-growth markets for both business premises and central office equipment.

     

 



 Telemesser to merge with e-go systems