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LSI Logic said Monday it will snap up C-Cube Microsystems in a stock swap valued at around $878 million to boost its position in the broadband entertainment market. Shares of C-Cube closed up $4.94, ...
LSI Logic (NYSE: LSI) fell US$1.77 to$18.92 in morning trading Monday, after the company, which makes integratedcircuits and storage systems, said it agreed to acquire communicationsprocessor maker ...
Chip maker LSI Logic Corp. has agreed to buy digital video and audio chip maker C-Cube Microsystems Inc. for $878-million (U.S.) in stock, aiming to strengthen its multimedia entertainment business.
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