<PAGE> 1
Filed Pursuant to
Rule 424 (b) (3) and (c)
File No. 333-42500
PROSPECTUS SUPPLEMENT NO. 2 DATED AUGUST 31, 2000
TO PROSPECTUS DATED AUGUST 3, 2000
CONEXANT SYSTEMS, INC.
7,651,414 SHARES
OF
COMMON STOCK
(INCLUDING THE ASSOCIATED PREFERRED SHARE PURCHASE RIGHTS)
This Prospectus Supplement should be read in conjunction with the
Prospectus dated August 3, 2000 (the "Prospectus"). The table on pages 23, 24
and 25 of the Prospectus under the caption "Selling Securityholders" setting
forth information concerning the selling securityholders in connection with the
HotRail Acquisition is superceded by the following table:
<TABLE>
<CAPTION>
COMMON STOCK OWNED COMMON STOCK
NAME PRIOR TO THE OFFERING OFFERED HEREBY
---- --------------------- --------------
<S> <C> <C>
HOTRAIL ACQUISITION:
Alpine Venture Fund, LP. ............................................... 205,856 205,856
American Pacific Ventures, Inc. ........................................ 7,854 7,854
Bean, Brian ............................................................ 4,678 4,678
Beans Plus LLC - Finance ............................................... 3,087* 3,087
Beans Plus LLC - SM .................................................... 2,329* 2,329
Bliessener, Merrylee ................................................... 1,543 1,543
Bumgarner, Donna S. .................................................... 1,790 1,790
Campbell, Bruce ........................................................ 618 618
Campbell, Casey ........................................................ 206 206
Campbell, Christopher .................................................. 206 206
Campbell, Gordon ....................................................... 122,778 122,778
Campbell, Kyle ......................................................... 206 206
Carlsen, Dan ........................................................... 1,029 1,029
Charter Ventures II, L.P. .............................................. 34,377 34,377
Chase Venture Capital Associates, L.P. ................................. 1,209,663 1,209,663
Chavencap, Ltd. ........................................................ 18,852 18,852
Chiruvolu, Ravi ........................................................ 1,160 1,160
Comerica Bank .......................................................... 5,892 5,892
Costa, Fran ............................................................ 1,543 1,543
Delmon, Edmond S. ...................................................... 4,323 4,323
Dolan, A. Barr ......................................................... 18,852 18,852
Dominion Financial LLC ................................................. 61,749 61,749
Dorris, Stephanie ...................................................... 10,292 10,292
Eberts, Donald ......................................................... 74,440 74,440
Egan, Richard .......................................................... 23,158 23,158
Evans, Matthew ......................................................... 103 103
F&W Investments 1996-II ................................................ 6,175 6,175
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
COMMON STOCK OWNED COMMON STOCK
NAME PRIOR TO THE OFFERING OFFERED HEREBY
---- --------------------- --------------
<S> <C> <C>
F&W Investments 2000 ................................................... 9,357 9,357
First Formosa II Technology Investment Corp. ........................... 331,429 331,429
First Formosa Technology Investment Holding Company Limited ............ 107,293 107,293
Fountain, Tracy ........................................................ 1,000 1,000
Fu, Kevin J. Irrevocable Trust ......................................... 2,058 2,058
Fu, Shuiti ............................................................. 1,029 1,029
Fu-Jing Trust created on November 23, 1999 ............................. 564,161 564,161
Gandhi, Gunavati ....................................................... 4,318 4,318
Gorman, William S. ..................................................... 5,146 5,146
Goyan-Hart Family Living Trust, Jere E. Goyan or Linda L. Hart,
Trustees ............................................................. 1,160 1,160
Greene, Natalie F. ..................................................... 20 20
Gustafson, Corrie S. ................................................... 292 292
GVC Cayman Corporation ................................................. 28,608 28,608
Harrison, Donald C. .................................................... 1,160 1,160
Hartman, Greg .......................................................... 1,029 1,029
Hillman, James L. ...................................................... 1,029 1,029
Hix, Thomas C. ......................................................... 1,029 1,029
Hoang, Tuong ........................................................... 1,482 1,482
Hoover, Mark ........................................................... 3,087 3,087
Hsieh, H.L. ............................................................ 28,608 28,608
Innovatech Associates .................................................. 14,408** 14,408
Jiang, Guoqing "James" ................................................. 2,599 2,599
Jing, Wen .............................................................. 411 411
Jaedicke, Robert K. Family Trust ....................................... 1,160 1,160
Joerger, Tricia ........................................................ 906 906
Kawamura, Eiji ......................................................... 3,880 3,880
Kaye, Eric ............................................................. 4,678 4,678
Keilhacker, Kurt ....................................................... 17,703 17,703
Klatt, Andrew K. ....................................................... 1,161 1,161
Kufis, James C. Kufis & Carolyn M. Kufis 1988 Trust .................... 2,058 2,058
Kufis, Andrew C. ....................................................... 2,058 2,058
Kufis, James C. ........................................................ 127,248 127,248
Lee, Liang Chen ........................................................ 21,467 21,467
Ligeti, Conner ......................................................... 618 618
Ligeti, Hunter ......................................................... 618 618
Ligeti, Kiersten ....................................................... 618 618
Ligeti, Robert ......................................................... 618 618
Long, Junsheng ......................................................... 1,860 1,860
Love, Dixie L. ......................................................... 292 292
Marazita, Frank ........................................................ 18,054 18,054
Marshall, James R. ..................................................... 2,903 2,903
Marshall, Joseph ....................................................... 823 823
Marshall, Robert and Sarane Marshall as Trustees of the Robert Marshall
and Sarane Marshall Trust U/A dated 7/21/94 .......................... 11,276 11,276
McWalters, Agnes ....................................................... 100 100
</TABLE>
<PAGE> 3
<TABLE>
<CAPTION>
COMMON STOCK OWNED COMMON STOCK
NAME PRIOR TO THE OFFERING OFFERED HEREBY
---- --------------------- --------------
<S> <C> <C>
McWalters, Kevin ....................................................... 200 200
McWalters, Robert ...................................................... 100 100
Morihiro, Koji ......................................................... 8,852 8,852
Nason, Norman A. ....................................................... 5,146 5,146
Needham Capital Partners II (Bermuda), L.P. ............................ 11,832 11,832
Needham Capital Partners II, L.P. ...................................... 108,314 108,314
Nissenbaum, Robert ..................................................... 6,175 6,175
Onopchenco, Laura ...................................................... 3,190 3,190
Ontario Teachers' Pension Plan Board ................................... 974,898 974,898
Pacific Coast Investors, Ltd. .......................................... 262,980 262,980
Pasternoster, Paul ..................................................... 3,911 3,911
Phoenix Leasing Incorporated ........................................... 7,071 7,071
Poirer, Lynn ........................................................... 111 111
Positioning Strategies ................................................. 3,430 3,430
Race, Stephen M. ....................................................... 41 41
Ready, Matt ............................................................ 1,029 1,029
Rees/Source Ventures #13, LLC .......................................... 27,814 27,814
Ridley, Judy L. ........................................................ 2,058 2,058
Schwarzer, Fred M. ..................................................... 1,160 1,160
Schweichler Associates ................................................. 2,058* 2,058
Selby Venture Partners, L.P. ........................................... 25,160 25,160
Senner, Valerie ........................................................ 2,210 2,210
Shetler, Joy ........................................................... 205 205
Shriner, Donald R. ..................................................... 5,146 5,146
Small Business Administration .......................................... 140,637 140,637
Smith, Walstein Bennett III ............................................ 2,058 2,058
Techfund Capital II, L.P. .............................................. 187,249 187,249
Techfund Capital Management II, LLC .................................... 8,401 8,401
Techfund Capital Management, LLC ....................................... 16,983 16,983
Techfund Capital, L.P. ................................................. 185,271 185,271
Tomita, Lane ........................................................... 2,187 2,187
Trapani, Lisa C. ....................................................... 823 823
Veerappan, Armachalam .................................................. 3,742 3,742
Venture Lending & Leasing II, Inc. ..................................... 18,278 18,278
Venture Lending & Leasing, Inc. ........................................ 7,833 7,833
Wah, Wong Ying ......................................................... 68,962 68,962
Wang, Manzhen .......................................................... 1,029 1,029
Wasserstein Adelson Ventures, L.P. ..................................... 271,356 271,356
Wellington Trust, Robert Cohn, Trustee ................................. 1,160 1,160
Whims, James ........................................................... 14,303 14,303
Whims, Robert .......................................................... 1,000 1,000
Whims, Timothy ......................................................... 1,000 1,000
Wierenga, Ellie ........................................................ 233 233
Woodside Fund III SBIC, L.P. ........................................... 502,725 502,725
Woodside Fund IV L.P. .................................................. 421,050 421,050
WPEP Ventures, LLC ..................................................... 9,357 9,357
Wu, Kuo-Yong ........................................................... 7,163 7,163
Wu, Yung-Fnng .......................................................... 28,608 28,608
</TABLE>
<PAGE> 4
<TABLE>
<CAPTION>
COMMON STOCK OWNED COMMON STOCK
NAME PRIOR TO THE OFFERING OFFERED HEREBY
---- --------------------- --------------
<S> <C> <C>
Yeah, Solomon .......................................................... 7,163 7,163
Zuckerman, Matthew ..................................................... 4,652 4,652
--------- ---------
Total ............................................................. 6,529,885 6,529,885
========= =========
</TABLE>
* Options to purchase our common stock held prior to the offering.
** 50% of these shares represent options to purchase our common stock held
prior to the offering.
