198 1 year, LSI company was formally established, with an initial capital of USD 6 million from famous venture capital companies such as Sequoia Capital. 1982, the company completed the second round of foreign investment, financing160,000 USD. Last Friday, 1983, the company was listed on the Nasdaq Stock Exchange with the stock code LSI. The IPO market value was as high as $65,438+$53 million, setting a record for the IPO market value of the largest technology company in history.
Later, LSI established independent joint ventures in Japan, Europe and Canada, and its business scope expanded to the whole world: Nihon LSI Logic in Tokyo, Japan successfully raised 20 million US dollars through private placement on April 1984; LSI Logic, located in Bracknell, England, successfully raised $20 million through private placement on June 1984. LSI Logic Canada, located in Alberta and Calgary, Canada, is listed on the Toronto Stock Exchange.
In 2005, with the maturity of ASIC market, the increasing popularity of third-party design tools and the increasing construction cost of wafer manufacturing plant, LSI company became Fabless factory-free semiconductor design company again. In the development of semiconductor business, through a series of mergers and acquisitions and investments, LSI gradually focused on two core areas: data storage and mobile network, and occupied a leading position in these two areas.