Lucent Technologies
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Agere Systems, Inc. was an integrated circuit components company based in Allentown, Pennsylvania. Spun out of Lucent Technologies in 2002, Agere was merged into LSI Corporation in 2007. LSI was in turn acquired by Avago Technologies in 2014. In early 2016, Avago acquired the former Broadcom Corporation, and took on the name Broadcom Inc.
Company Perspectives: We will become our customers' preferred silicon and software partner for personal broadband solutions by providing unparalleled value through technology, products, service and delivery. Key Dates: 2000: Agere is formed as a wholly owned subsidiary of Lucent Technologies Inc.
Jun 3, 2002 · Agere Systems became an independent company after Lucent distributed its shares to shareowners. The spin-off aimed to focus on target markets and strengthen customer relationships.
Dec 5, 2000 · Lucent Technologies has named its Microelectronics Group Agere Systems, which will be spun off next year. The name Agere (pronounced a-GEAR), which has its roots in the Latin verb 'ago' that means “to lead, to drive, to act,” was the name of the Austin, Texas-based supplier of programmable network processors the company acquired earlier ...
Dec 4, 2006 · LSI Logic will acquire Lucent spin-off Agere Systems for $4 billion in stock. The deal values Agere at $22.81 per share. That’s a 28% premium to Friday’s closing price of $17.79.
Dec 4, 2006 · A 2006 news article about the merger of two semiconductor chip makers, LSI Logic and Agere Systems, that expanded their market segments and synergies. The deal was worth $4 billion and closed by the end of 2006.
Dec 4, 2006 · SAN JOSE, Calif. — In a sign of further consolidation in semiconductors, LSI Logic Corporation and Agere Systems Inc. Monday (Dec. 4) announced that they have entered into a $4 billion agreement to merge the two companies under the LSI Logic name in an all-stock transaction.
