LSI Logic Invests in Tollbridge Technologies

LSI Logic Corp. has invested as a corporate partner in Tollbridge Technologies, the leading developer of high-quality voice-over-broadband solutions for carriers. This investment marks LSI Logic's strategy to invest in communications companies with promising technologies through its $50 million communications venture fund. The partnership aims to further expand LSI Logic's position in the global communications market, where communications is the fastest growing sector of its business. According to LSI Logic, Tollbridge has already established itself as a leader in the high-growth Voice over DSL space, and the company is actively seeking leading-edge technology companies for strategic equity investments.

Key Takeaways:

  • LSI Logic has invested in Tollbridge Technologies as a corporate partner, marking the company's second major investment in the communications sector.
  • The investment is part of LSI Logic's strategy to invest in communications companies with promising technologies through its $50 million communications venture fund.
  • Tollbridge Technologies is the leading developer of high-quality voice-over-broadband solutions for carriers, changing the economics of delivering voice services by bypassing the Incumbent Local Exchange Carrier (ILEC).
  • Tollbridge has already established itself as a leader in the high-growth Voice over DSL space, with first customer deliveries of LSI Logic's ZSP digital signal processor standard product.
  • LSI Logic provides chips and boards for products that comprise network computing, and supplies storage network solutions for the enterprise.
  • The investment will further expand LSI Logic's position in the global communications market, where communications is the fastest growing sector of its business.

Statistics:

  • $50 million: the size of LSI Logic's communications venture fund for investing in communications companies.
  • 1998: the year Tollbridge Technologies was founded.
  • 1551 McCarthy Boulevard, Milpitas, CA 95035: the headquarters of LSI Logic Corporation.
  • 208-433-8000: the phone number for LSI Logic.
  • www.lsilogic.com: the website for LSI Logic.

Sources:

  • "LSI Logic Invests in Tollbridge Technologies."
  • "About LSI Logic." LSI Logic.
  • "About TollBridge." TollBridge Technologies.