LSI to Acquire Tarari for Content Processor

LSI agreed to acquire Tarari, a developer of content processors, for $85 million.
Tarari’s silicon solutions are designed to offload and accelerate compute-intensive, complex algorithms used for content inspection in XML/Web services, network security and digital media environments. These content-aware networking applications could include anti-virus, anti-spam, intrusion detection and prevention, XML security and advanced network control. Additional services include compression, cryptography and encoding for a wide variety of applications.

Tarari is based in San Diego and has approximately 45 employees.

http://www.agere.com

http://www.tarari.com

• In August 2007, LSI agreed to sell its mobility products business to Infineon Technologies for $450 million in cash, plus a performance-based payment of up to $50 million payable in the first quarter of 2009. The division, which originally belonged to Agere Systems, designs semiconductors and software for cellular telephone handsets and complete chip-level solutions for satellite digital audio radio applications. It has about 700 employees.