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):  June 20, 2000
  
  
                               VIRATA CORPORATION
             (Exact Name Of Registrant As Specified In Its Charter)
  
  
  
  
            DELAWARE                      000-28157                77-0521696
  (State Or Other Jurisdiction Of   (Commission File Number)     (IRS Employer
           Incorporation)                                     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 5.  Other Events.
  -------  -------------
  
  A.  Acquisition of Excess Bandwidth
  
  On June 20, 2000, Virata Corporation, a Delaware corporation ("Virata" or
  "Registrant"), entered into an Agreement and Plan of Merger with Excess
  Bandwidth Corporation, a California corporation ("Excess Bandwidth").  Virata
  believes that the acquisition will provide it with symmetric DSL PHY
  capabilities targeted at the markets for both business premises and central
  office equipment.  Excess Bandwidth develops advanced algorithms for high-
  bandwidth communications applications and implements those algorithms as
  communications processors.  Excess Bandwidth is presently testing its first two
  integrated circuit designs and has not yet shipped product to customers.  Excess
  Bandwidth has 50 employees, including 40 physical layer and analog designers,
  and was founded in 1998 by Dr. Debajyoti Pal and Stanford Professor Thomas
  Kailath.
  
  The merger agreement sets forth the terms and conditions of the merger of a
  wholly owned subsidiary of Registrant with and into Excess Bandwidth. Upon
  consummation of the proposed acquisition, Excess Bandwidth will become a wholly
  owned subsidiary of Registrant. Registrant will issue 6,302,363 shares of its
  common stock for all of Excess Bandwidth's issued and outstanding shares of
  capital stock and options and warrants to purchase shares of capital stock. Ten
  percent of the shares of the shares of Virata common stock to be issued pursuant
  to the acquisition will be placed in an escrow. Consummation of the merger is
  subject to a number of customary conditions, including the approval of the
  merger by the shareholders of Excess Bandwidth, compliance with all applicable
  provisions of the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the
  expiration or termination of all applicable waiting periods. Affiliates of
  Excess Bandwidth holding more than 50% of Excess Bandwidth's common stock and
  preferred stock have agreed to vote in favor of the merger. The merger is
  expected to close in the third quarter of calendar 2000, will be accounted for
  as a purchase and will result in a charge related to the write-off of in-process
  research and development.
  
  Registrant's common stock will be issued to the shareholders of Excess Bandwidth
  pursuant to a permit from the California Department of Corporation after a
  fairness hearing and as a consequence may be resold by them without registration
  under the Securities Act.  The holders of Excess Bandwidth common and preferred
  stock have agreed to restrict their sales of Registrant's common stock during
  the first year after the closing of the merger.  Holders of Excess Bandwidth
  preferred stock, who will receive an aggregate of 2,773,250 shares of Virata
  common stock, may sell 15% of their Virata common stock each quarter beginning
  90 days after the completion of the offering of common stock hereunder.  Holders
  of Excess Bandwidth common stock, who will receive an aggregate of 3,125,040
  shares of Virata common stock, may sell 15% of their Virata common stock
  beginning 90 days after completion of this offering and may sell their remaining
  shares one year after the closing date of the merger.
  
  B.  Expected First Quarter Revenues
  
     On June 20, 2000 Registrant announced that its fiscal 2001 first quarter
  revenues for the period ended July 2, 2000 is expected to be approximately $25-
  27 million, which represents an average 115 percent increase from the prior
  quarter's $12 million in revenues.  Registrant had not expected to attain such
  amount of revenues until its fiscal 2001 second quarter.  In addition,
  Registrant expects to ship 3 times more communications processors for the first
  quarter compared to the prior quarter, including its millionth Helium
  processor.  Registrant expects to announce complete first quarter 2001 results
  on July 25, 2000.
  <PAGE>
  
  Item 7.    Financial Statements, Pro Forma and Exhibits.
  -------    ---------------------------------------------
  
  (c)    Exhibits
  
    Exhibit No.      Description
    -----------      -----------
    2.1              Agreement and Plan of Merger Dated as of June 20, 2000
                     among Virata Corporation, Excess Bandwidth Corporation, VC
                     Acquisition, Inc., and Steve Dines, as Securityholder Agent
  
    99.1             Press Release issued June 21, 2000
  
                                        2
  <PAGE>
  
                                    Signature
  
    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.
  
    Dated as of June 22, 2000
  
                                          VIRATA CORPORATION
  
  
                                          By: /s/ Andrew M. Vought
                                             -----------------------------
                                             Andrew Vought
                                             Chief Financial Officer
  
                                        3
  <PAGE>
  
                                  EXHIBIT INDEX
  
  
                                                                   Sequentially
                                                                     Numbered
  Exhibit No.   Description                                            Page
  -----------   ------------------------------------------------   ------------
  2.1           Agreement and Plan of Merger Dated as of
                June 20, 2000 among Virata Corporation, Excess
                Bandwidth Corporation, VC Acquisition, Inc.,
                and Steve Dines, as Securityholder Agent.
  
  99.1          Press Release issued June 21, 2000.
  
                                        4
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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):  June 20, 2000
  
                               VIRATA CORPORATION
             (Exact Name Of Registrant As Specified In Its Charter)
  
            DELAWARE                      000-28157                77-0521696
  (State Or Other Jurisdiction Of   (Commission File Number)     (IRS Employer
           Incorporation)                                     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 5.  Other Events.
  -------  -------------
  
  A.  Acquisition of Excess Bandwidth
  
  On June 20, 2000, Virata Corporation, a Delaware corporation ("Virata" or
  "Registrant"), entered into an Agreement and Plan of Merger with Excess
  Bandwidth Corporation, a California corporation ("Excess Bandwidth").  Virata
  believes that the acquisition will provide it with symmetric DSL PHY
  capabilities targeted at the markets for both business premises and central
  office equipment.  Excess Bandwidth develops advanced algorithms for high-
  bandwidth communications applications and implements those algorithms as
  communications processors.  Excess Bandwidth is presently testing its first two
  integrated circuit designs and has not yet shipped product to customers.  Excess
  Bandwidth has 50 employees, including 40 physical layer and analog designers,
  and was founded in 1998 by Dr. Debajyoti Pal and Stanford Professor Thomas
  Kailath.
  
  The merger agreement sets forth the terms and conditions of the merger of a
  wholly owned subsidiary of Registrant with and into Excess Bandwidth. Upon
  consummation of the proposed acquisition, Excess Bandwidth will become a wholly
  owned subsidiary of Registrant. Registrant will issue 6,302,363 shares of its
  common stock for all of Excess Bandwidth's issued and outstanding shares of
  capital stock and options and warrants to purchase shares of capital stock. Ten
  percent of the shares of the shares of Virata common stock to be issued pursuant
  to the acquisition will be placed in an escrow. Consummation of the merger is
  subject to a number of customary conditions, including the approval of the
  merger by the shareholders of Excess Bandwidth, compliance with all applicable
  provisions of the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the
  expiration or termination of all applicable waiting periods. Affiliates of
  Excess Bandwidth holding more than 50% of Excess Bandwidth's common stock and
  preferred stock have agreed to vote in favor of the merger. The merger is
  expected to close in the third quarter of calendar 2000, will be accounted for
  as a purchase and will result in a charge related to the write-off of in-process
  research and development.
  
  Registrant's common stock will be issued to the shareholders of Excess Bandwidth
  pursuant to a permit from the California Department of Corporation after a
  fairness hearing and as a consequence may be resold by them without registration
  under the Securities Act.  The holders of Excess Bandwidth common and preferred
  stock have agreed to restrict their sales of Registrant's common stock during
  the first year after the closing of the merger.  Holders of Excess Bandwidth
  preferred stock, who will receive an aggregate of 2,773,250 shares of Virata
  common stock, may sell 15% of their Virata common stock each quarter beginning
  90 days after the completion of the offering of common stock hereunder.  Holders
  of Excess Bandwidth common stock, who will receive an aggregate of 3,125,040
  shares of Virata common stock, may sell 15% of their Virata common stock
  beginning 90 days after completion of this offering and may sell their remaining
  shares one year after the closing date of the merger.
  
  B.  Expected First Quarter Revenues
  
     On June 20, 2000 Registrant announced that its fiscal 2001 first quarter
  revenues for the period ended July 2, 2000 is expected to be approximately $25-
  27 million, which represents an average 115 percent increase from the prior
  quarter's $12 million in revenues.  Registrant had not expected to attain such
  amount of revenues until its fiscal 2001 second quarter.  In addition,
  Registrant expects to ship 3 times more communications processors for the first
  quarter compared to the prior quarter, including its millionth Helium
  processor.  Registrant expects to announce complete first quarter 2001 results
  on July 25, 2000.
  Item 7.    Financial Statements, Pro Forma and Exhibits.
  -------    ---------------------------------------------
  
  (c)    Exhibits
  
    Exhibit No.      Description
    -----------      -----------
    2.1              Agreement and Plan of Merger Dated as of June 20, 2000
                     among Virata Corporation, Excess Bandwidth Corporation, VC
                     Acquisition, Inc., and Steve Dines, as Securityholder Agent
  
    99.1             Press Release issued June 21, 2000
  
                                        2
  Signature
  
    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.
  
    Dated as of June 22, 2000
  
                                          VIRATA CORPORATION
  
                                          By: /s/ Andrew M. Vought
                                             -----------------------------
                                             Andrew Vought
                                             Chief Financial Officer
  
                                        3
  EXHIBIT INDEX
  
                                                                   Sequentially
                                                                     Numbered
  Exhibit No.   Description                                            Page
  -----------   ------------------------------------------------   ------------
  2.1           Agreement and Plan of Merger Dated as of
                June 20, 2000 among Virata Corporation, Excess
                Bandwidth Corporation, VC Acquisition, Inc.,
                and Steve Dines, as Securityholder Agent.
  
  99.1          Press Release issued June 21, 2000.
  
                                        4