LSI Logic to buy Agere for $3.5 billion in stock

December 4, 2006

124

LSI Logic Corp., a maker of chips used in DVD recorders and hard drives, has agreed to buy Agere Systems Inc. in an all-stock deal worth about $3.5 billion, bolstering its position in the data storage market.

*For more on this story,

read the full Reuters

article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Weekly in-depth coverage in print and digital formats
Special Features: OC's Wealthiest, Top Priced Home Sales, Giving Guide, OC500, Charity Event Guide, Best Places to Work, Indispensables, Largest Charitable Gifts
The annual Book of Lists: Orange County's top companies across every industry

HSBC hit by U.S. housing, investment bank slowdown

Telescope Maker Meade Closing Plant, Cutting Jobs

staff-author

LSI Logic to buy Agere for $3.5 billion in stock

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

A Look at Gray West Construction’s Holey Moley/ Hijinx Hotel Project

A Look at The $207M Sale of The Ziggurat in Laguna Niguel

Fat of the Land Tapas Coming to Centerview in July

Related Articles

A Look at Gray West Construction’s Holey Moley/ Hijinx Hotel Project

A Look at The $207M Sale of The Ziggurat in Laguna Niguel

Fat of the Land Tapas Coming to Centerview in July

Anaheim Distributor Sunrise Produce Acquires Family Tree Produce

Rivian Automotive Upgrades 2026 Delivery Outlook

Advertise With Us

About Us

Subscriber Links

Other Journals