Agere Systems Inc. had a gut-wrenching separation from former parent Lucent Technologies Inc. in 2001. But these days, the chip vendor's systems background is coming in handy during negotiations with ...

MILPITAS, Calif. — LSI Logic Corp. said Monday it will purchase rival chip and storage systems maker Agere Systems Inc. for $4 billion in stock. LSI had a 20,000-square-foot Rochester office at 3535 ...

Agere Systems Inc. last week clearly defined its role in the wireless LAN market as a supplier of ICs by selling its WLAN systems business to Proxim Corp. for $65 million in cash. Agere and Proxim ...

Agere Systems has introduced a new product category -- the Mobile Content Server -- that un-tethers users from the PC and stationary storage devices. By putting control of sharing digital content ...

NEW YORK (MarketWatch) -- Agere Systems Inc. on Monday said it expects second-quarter earnings per share to increase "substantially" over the previous quarter after accounting for the sale of its ...

Agere Systems will provide equipment to help TyCom run its undersea communications network over the next 12 months in a three-year deal valued at $70 million. Allentown, Penn.-based Agere will sell ...

Citing “a severe downturn in the semiconductor industry,” Agere Systems Inc. announced today that it plans to cut 4,000 more jobs and that it has lowered its revenue projection by $30 million, to $920 ...

NEW YORK (CBS.MW) -- After restructuring its planned initial public offering three times, Lucent Technologies priced 600 million shares for its spinoff of Agere Systems at $6 each late Tuesday. Agere ...

Agere Systems said on Monday it had developed a low-cost cell phone chip that supports high-quality mobile music players, potentially giving Agere and its biggest client, Samsung Electronics, a boost ...

Agere Systems today announced the ORiNOCO AP-200. It’s a Wi-Fi compatible wireless networking access point equipped with dual 10/100baseT Ethernet ports, and the company said that the device is ...

Agere Systems has come out with a new chip that it said will make it easier and cheaper for carriers to deliver services like Internet telephony and video on demand. On Monday, Agere, a spinoff of ...

NEW YORK - Communications equipment maker Agere Systems said today it would cut 4,000 jobs, or more than a third of its work force, and exit the optical components business. Along with restructuring ...