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LSI Logic

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LSI Logic Corporation
Company typePublic (NYSE: LSI)
IndustrySemiconductors, Storage
Founded1981
HeadquartersMilpitas, California, USA
Key people
Abhi Talwalkar, President and CEO
Revenue$1.9 Billion USD (2005)
Number of employees
4300 (2005)
Websitewww.lsi.com

LSI Logic was founded in Milpitas, CA by Wilfred Corrigan in 1981 after he left an executive position with Fairchild Semiconductor. The company was started with $6 million of venture capital and utilized excess capacity at Toshiba for manufacturing, an early example of the fabless semiconductor manufacturing model. In 1998 it bought Symbios Logic from Hyundai. It is often recognized as a pioneer of the ASIC market and in 2006 celebrated its 25th year of business.

Markets

LSI has its hand in the production of video game consoles, DVD and personal video recorders, high-definition video and home media servers. [1]

LSI also deals with ASICs, host bus adapters, RAID adapters, storage systems, expanders and software. LSI Logic Storage Products

Acquisitions

In March 2001 LSI Logic acquired C-Cube in a stock-for-stock transaction [2]. In Sep 2001 LSI Logic acquired AMI's RAID adapter division in a cash transaction

In December 2006 LSI Logic acquired Agere in an all stock transaction [3].