LSI Logic to acquire Agere Systems

Sushubh

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LSI Logic to acquire Agere Systems
LSI Logic Corp. has said in a statement that they are going to acquire Agere Systems Inc. This deal would be worth around $4 billion in stock.
LSI specializes in making chips found in DVD recorders and hard drives. And this deal would help them get into the mobile phone chip [...]

http://business.techwhack.co/1497/agere-systems/