GlobeSpan To Acquire Virata

AT&T buys Excite At Home's high-speed Internet business, plus more merger news

GlobeSpan Inc (GSPN ) says it will acquire Virata Corp (VRTA ) in a $1.3 billion deal. Terms: 1.02 GSPN share for each VRTA share. The deal would create a leading provider of integrated circuits, software and system designs for the digital subscriber line market. (10/1)

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