25 Facts About LSI Logic

LSI Logic Corporation was an American company based in San Jose, California which designed semiconductors and software that accelerate storage and networking in data centers, mobile networks and client computing.

LSI Logic Stockholders voted in favor of the proposal in April 2014, merging the company into its parent, and continuing with the LSI Logic brand.

LSI Logic initially was funded by venture capitalists, including Sequoia Capital with $6 million.

LSI Logic went public with Nasdaq as LSI in May 1983 with the largest IPO to date of $153 million.

LSI Logic was among the 14 founding members, but withdrew from SEMATECH in January 1992.

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In July 1991, LSI Logic entered into an agreement with Sanyo Electric of Japan to make a set of chips that translate an HDTV signal into a television image.

In February 1999, LSI Logic acquired Seeq Technology, adding physical-layer based Ethernet technology to LSI Logic's product line.

In May 2000, LSI Logic acquired IntraServer for $70 million, with expectations to add their rapidly expanding customer base to LSI Logic's own.

In September 2001 LSI Logic acquired a RAID adapter division from American Megatrends in a $221 million cash transaction.

In November 2003, LSI Logic sold its Tsukuba, Japan facility to ROHM Company, Ltd.

Engenio division of LSI Logic filed for its own IPO in 2004, but withdrew citing adverse market conditions after the burst of the dot-com bubble.

Talwalkar was an executive at Intel Corporation before joining LSI Logic, and began a program of acquisitions and divestitures.

In October 2005, LSI Logic opened a semiconductor design and engineering development center at the Dubai Silicon Oasis Microelectronics Innovation Center.

In 2006, LSI Logic sold the Gresham, Oregon design and manufacturing facility to ON Semiconductor.

In March 2007, LSI Logic acquired SiliconStor Inc, a provider of semiconductor solutions for enterprise storage networks, for approximately $55 million in cash.

Magnum Semiconductor Inc a spin-off of Cirrus Logic Inc, acquired LSI's consumer products business and 13 percent of LSI's workforce in July 2007.

August 2007, LSI Logic signed an agreement with STATS ChipPAC Ltd to sell its Pathumthani, Thailand semiconductor assembly and test operations for $100 million.

In October 2007, LSI Logic acquired Tarari, a maker of silicon and software, for $85 million in cash.

In October 2007 LSI Logic completed its sale of its Mobility Division to Infineon Technologies AG for $450 million in cash.

LSI Logic put ONStor into its Engenio storage division, which is a NAS vendor.

In March 2011, LSI Logic announced its sale of its Engenio external storage systems business to NetApp for $480 million in cash.

In January 2012, LSI Logic completed the acquisition of SandForce, which produced flash memory controllers .

LSI Logic introduced its Nytro Predictor software, a tool that helps determine which Nytro product works best with which applications.

At the SCSI Trade Association Technology Showcase in May 2012, LSI Logic announced accelerated datacenter performance with its DataBolt bandwidth optimizer technology.

LSI Logic hosted its sixth Accelerated Innovation Summit, in November 2013.

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