English
LSI scraps ASIC line, plans to sell DSP unit
Mark LaPedus, EE Times
(03/06/2006 6:08 PM EST)
SAN JOSE, Calif. — In a major restructuring effort, LSI Logic Corp. on Monday (March 6) announced that it will cease development of its RapidChip ASIC platform technology and said it would sell its digital signal processor (DSP) unit.
Consistent with its increased focus on storage, the company has also canceled its previously postponed plan for an initial public offering of its storage systems subsidiary, Engenio Information Technologies Inc.
As part of the moves, LSI Logic (Milpitas, Calif.) will cease further RapidChip ASIC development. RapidChip customer designs currently in production or under development will continue and are not affected by this action, according to the company.
The company's DSP unit, called ZSP, is expected to be sold. No timeframe for completion of this transaction is being announced at this time.
(03/06/2006 6:08 PM EST)
SAN JOSE, Calif. — In a major restructuring effort, LSI Logic Corp. on Monday (March 6) announced that it will cease development of its RapidChip ASIC platform technology and said it would sell its digital signal processor (DSP) unit.
Consistent with its increased focus on storage, the company has also canceled its previously postponed plan for an initial public offering of its storage systems subsidiary, Engenio Information Technologies Inc.
As part of the moves, LSI Logic (Milpitas, Calif.) will cease further RapidChip ASIC development. RapidChip customer designs currently in production or under development will continue and are not affected by this action, according to the company.
The company's DSP unit, called ZSP, is expected to be sold. No timeframe for completion of this transaction is being announced at this time.
|
E-mail This Article | 
|
|
Printer-Friendly Page |
|
||||||
Related News
- Cadence Extends Popular Tensilica Vision and AI DSP IP Product Line with New DSPs Targeting High-End and Always-On Applications
- OmniVision Announces World's First Dedicated Driver Monitoring System ASIC With Integrated AI Neural Processing Unit, Image Signal Processor and DDR3 Memory
- Verimatrix signs a binding agreement to sell its Silicon IP business unit to Rambus
- Verimatrix Enters into Exclusivity Agreement to Sell its Silicon IP Business Unit to Rambus
- GOWIN Semiconductor selects PLDA XpressRICH3 Controller IP as the PCIe interface block in their FPGA product line
Breaking News
- Breker RISC-V SystemVIP Deployed across 15 Commercial RISC-V Projects for Advanced Core and SoC Verification
- Veriest Solutions Strengthens North American Presence at DVCon US 2025
- Intel in advanced talks to sell Altera to Silverlake
- Logic Fruit Technologies to Showcase Innovations at Embedded World Europe 2025
- S2C Teams Up with Arm, Xylon, and ZC Technology to Drive Software-Defined Vehicle Evolution
Most Popular
- Intel in advanced talks to sell Altera to Silverlake
- Arteris Revolutionizes Semiconductor Design with FlexGen - Smart Network-on-Chip IP Delivering Unprecedented Productivity Improvements and Quality of Results
- RaiderChip NPU for LLM at the Edge supports DeepSeek-R1 reasoning models
- YorChip announces Low latency 100G ULTRA Ethernet ready MAC/PCS IP for Edge AI
- AccelerComm® announces 5G NR NTN Physical Layer Solution that delivers over 6Gbps, 128 beams and 4,096 user connections per chipset