Virata Corporation - Merger With Conexant

Merger With Conexant

The DSL semiconductor market became increasingly commoditised and, in November 2003, Conexant Systems and GlobespanVirata announced an agreement to combine the two companies in a strategic merger. The merger was completed on March 1, 2004.

Headcount reductions continued and in December 2004 the majority of the ISOS software team in Cambridge was made redundant, having transferred IPR and operations to Conexant India. By June 2005 the remainder of the staff (LSI and software) were also redundant and the Cambridge site was closed.