content: <PAGE>
  
                        SECURITIES AND EXCHANGE COMMISSION
  
                              Washington, D.C. 20549
  
                                     Form 8-K
  
  
                 Current Report Pursuant to Section 13 or 15(D) of
  
  
                        The Securities Exchange Act of 1934
  
  
         Date of Report (Date of earliest event reported): August 22, 2000
  
  
                                VIRATA CORPORATION
  
              (exact name of Registrant as specified in its charter)
  
  
           DELAWARE                    000-28157                  77-0521696
  
  (State of Incorporation)       (Commission File No.)         (I.R.S. Employer
  
                                                              Identification No.)
  
                         2933 BUNKER HILL LANE, SUITE 201
                           SANTA CLARA, CALIFORNIA 95054
               (Address of principal executive offices)   (Zip Code)
  
  
        Registrant's telephone number, including area code: (408) 566-1000
  <PAGE>
  
  Item 2. Acquisition of Assets.
  
       On August 22, 2000, Virata Corporation, a Delaware corporation (the
  "Registrant"), acquired all of the outstanding capital stock of Excess Bandwidth
  Corporation, a California corporation ("Excess Bandwidth"), for an aggregate
  purchase price of $315 million, based on an agreed upon price per share of
  Registrant's common stock of $49.98 (the "Acquisition"). Holders of Excess
  Bandwidth common stock will receive shares of the Registrant's common stock
  based on an exchange ratio of 0.34713 shares in exchange for each of their
  shares of Excess Bandwidth. In addition, the Registrant has assumed all of the
  outstanding Excess Bandwidth stock options. The Acquisition was effected by
  means of a stock-for-stock merger, pursuant to which a wholly-owned subsidiary
  of the Registrant merged with and into Excess Bandwidth, with Excess Bandwidth
  as the surviving corporation. As a result of the merger, Excess Bandwidth became
  a wholly-owned subsidiary of the Registrant. The consideration paid by the
  Registrant for Excess Bandwidth's outstanding capital stock was negotiated at
  arm's length between the parties on the basis of the Registrant's assessment of
  the value of Excess Bandwidth and its capital stock, following an investigation
  of, and discussions with Excess Bandwidth and its representatives concerning
  Excess Bandwidth, its business and prospects. Certain of Excess Bandwidth's
  officers have entered into retention and related agreements with the Registrant.
  
       To the Registrant's knowledge, there is no other material relationship
  between any of the former stockholders of Excess Bandwidth and the Registrant
  or any of its affiliates, any director or officer of the Registrant, or any
  associate of any such director or officer. The holders of Excess Bandwidth
  common stock and Preferred Stock have agreed to restrict their sales of Virata
  common stock received upon exchange of their shares for one year following the
  closing date of the Acquisition. Holders of Excess Bandwidth common stock may
  sell 15% of the Virata common stock they receive in exchange for their shares
  beginning on the date that is 90 days after August 22, 2000, the closing date
  of the Acquisition, and they may sell their remaining shares one year after
  the closing date. Holders of Excess Bandwidth Preferred Stock may sell 15% of
  the Virata common stock they receive in exchange for their shares beginning on
  the date that is 90 days after August 22, 2000, the closing date of the
  Acquisition, an additional 15% after 180 days after the closing date, an
  additional 15% 270 days after the closing date and they may sell their
  remaining shares one year after the closing date. A copy of a press release
  announcing the completion of the Acquisition is included herein as Exhibit
  99.1 and is incorporated by reference into this Item 2.
  
  Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
  
       (a) Financial Statements of Businesses Acquired.
  
           The financial statements required by Item 7(a) have previously been
  filed by the Registrant and are hereby incorporated by reference to the
  Registrant's registration statement on Form S-1, filed with the Securities and
  Exchange Commission (the "Commission") on June 22, 2000.
  
       (b) Pro-Forma Financial Information.
  
           The pro forma financial information required by Item 7(b) has been
  previously filed by the Registrant and is hereby incorporated by reference to
  the Registrant's registration statement on Form S-1, filed with the Commission
  on June 22, 2000.
  
       (c)  Exhibits.
            --------
  
            The following exhibits are filed with this report on Form 8-K:
  
  Exhibit No.      Description
  -----------      -----------
  
  99.1             Press Release, dated August 23, 2000, announcing the completion
                   of the acquisition.
  
                                         2
  <PAGE>
  
                                     SIGNATURES
  
       Pursuant to the requirements of the Securities Exchange Act of 1934, the
  Registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
  
  Date: September 6, 2000.                         VIRATA CORPORATION
  
  
                                                       By: /s/ Andrew M. Vought
                                                          ------------------------
                                                          Andrew M. Vought
                                                          Chief Financial Officer
  
                                         3
  <PAGE>
  
                                   EXHIBIT INDEX
  
  
  Exhibit No.        Description
  -----------        -----------
  
  99.1               Press Release, dated August 23, 2000, announcing the
                     completion of the acquisition.
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text: SECURITIES AND EXCHANGE COMMISSION
  
                              Washington, D.C. 20549
  
                                     Form 8-K
  
                 Current Report Pursuant to Section 13 or 15(D) of
  
                        The Securities Exchange Act of 1934
  
         Date of Report (Date of earliest event reported): August 22, 2000
  
                                VIRATA CORPORATION
  
              (exact name of Registrant as specified in its charter)
  
           DELAWARE                    000-28157                  77-0521696
  
  (State of Incorporation)       (Commission File No.)         (I.R.S. Employer
  
                                                              Identification No.)
  
                         2933 BUNKER HILL LANE, SUITE 201
                           SANTA CLARA, CALIFORNIA 95054
               (Address of principal executive offices)   (Zip Code)
  
        Registrant's telephone number, including area code: (408) 566-1000
  Item 2. Acquisition of Assets.
  
       On August 22, 2000, Virata Corporation, a Delaware corporation (the
  "Registrant"), acquired all of the outstanding capital stock of Excess Bandwidth
  Corporation, a California corporation ("Excess Bandwidth"), for an aggregate
  purchase price of $315 million, based on an agreed upon price per share of
  Registrant's common stock of $49.98 (the "Acquisition"). Holders of Excess
  Bandwidth common stock will receive shares of the Registrant's common stock
  based on an exchange ratio of 0.34713 shares in exchange for each of their
  shares of Excess Bandwidth. In addition, the Registrant has assumed all of the
  outstanding Excess Bandwidth stock options. The Acquisition was effected by
  means of a stock-for-stock merger, pursuant to which a wholly-owned subsidiary
  of the Registrant merged with and into Excess Bandwidth, with Excess Bandwidth
  as the surviving corporation. As a result of the merger, Excess Bandwidth became
  a wholly-owned subsidiary of the Registrant. The consideration paid by the
  Registrant for Excess Bandwidth's outstanding capital stock was negotiated at
  arm's length between the parties on the basis of the Registrant's assessment of
  the value of Excess Bandwidth and its capital stock, following an investigation
  of, and discussions with Excess Bandwidth and its representatives concerning
  Excess Bandwidth, its business and prospects. Certain of Excess Bandwidth's
  officers have entered into retention and related agreements with the Registrant.
  
       To the Registrant's knowledge, there is no other material relationship
  between any of the former stockholders of Excess Bandwidth and the Registrant
  or any of its affiliates, any director or officer of the Registrant, or any
  associate of any such director or officer. The holders of Excess Bandwidth
  common stock and Preferred Stock have agreed to restrict their sales of Virata
  common stock received upon exchange of their shares for one year following the
  closing date of the Acquisition. Holders of Excess Bandwidth common stock may
  sell 15% of the Virata common stock they receive in exchange for their shares
  beginning on the date that is 90 days after August 22, 2000, the closing date
  of the Acquisition, and they may sell their remaining shares one year after
  the closing date. Holders of Excess Bandwidth Preferred Stock may sell 15% of
  the Virata common stock they receive in exchange for their shares beginning on
  the date that is 90 days after August 22, 2000, the closing date of the
  Acquisition, an additional 15% after 180 days after the closing date, an
  additional 15% 270 days after the closing date and they may sell their
  remaining shares one year after the closing date. A copy of a press release
  announcing the completion of the Acquisition is included herein as Exhibit
  99.1 and is incorporated by reference into this Item 2.
  
  Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
  
       (a) Financial Statements of Businesses Acquired.
  
           The financial statements required by Item 7(a) have previously been
  filed by the Registrant and are hereby incorporated by reference to the
  Registrant's registration statement on Form S-1, filed with the Securities and
  Exchange Commission (the "Commission") on June 22, 2000.
  
       (b) Pro-Forma Financial Information.
  
           The pro forma financial information required by Item 7(b) has been
  previously filed by the Registrant and is hereby incorporated by reference to
  the Registrant's registration statement on Form S-1, filed with the Commission
  on June 22, 2000.
  
       (c)  Exhibits.
            --------
  
            The following exhibits are filed with this report on Form 8-K:
  
  Exhibit No.      Description
  -----------      -----------
  
  99.1             Press Release, dated August 23, 2000, announcing the completion
                   of the acquisition.
  
                                         2
  SIGNATURES
  
       Pursuant to the requirements of the Securities Exchange Act of 1934, the
  Registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
  Date: September 6, 2000.                         VIRATA CORPORATION
  
                                                       By: /s/ Andrew M. Vought
                                                          ------------------------
                                                          Andrew M. Vought
                                                          Chief Financial Officer
  
                                         3
  EXHIBIT INDEX
  
  Exhibit No.        Description
  -----------        -----------
  
  99.1               Press Release, dated August 23, 2000, announcing the
                     completion of the acquisition.