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CEO Talks of 'Refounding' LSI

It's been three months since LSI unveiled its $4 billion plan to acquire Agere. (See LSI to Buy Agere for $4B.) Yesterday, the deal was done, shares of the newly merged company traded for the first time, and LSI got a new name -- LSI Corp. (See LSI Completes Agere Merger.)

"It's the second founding of the two companies. In light of that, we've eliminated the 'Logic' from the LSI name," said LSI CEO Abhi Talwalkar in a call today from a coffee shop where he'd stopped for a break.

Figure 1:

Abhi Talwalkar, CEO, LSI Corp.

Mow that Agere and LSI have merged, what can he say about the company?

LSI's focus remains the same, Talwalkar says. It's on storage, networking, and consumer markets, in that order.

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