Agere Systems Inc. is arming itself with embedded memory in an effort to gain share in the OC-48 network processor turf battle. Allentown, Pa.-based Agere is squaring off against Intel Corp. and IBM ...

London: Wireless networking equipment pioneer Proxim is buying Agere Systems' 802.11 wireless local area network (LAN) equipment business, including the well established ORiNOCO product line, for $65 ...

Shares of Agere Systems, Lucent Technologies' chip spinoff, finished the day slightly higher than its $6 offering price on heavy volume. Agere closed at $6.02 as more than 130 million shares exchanged ...

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 ...

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 (MarketWatch) -- Agere Systems, Inc. on Tuesday reported third-quarter net income of $120 million, or 66 cents a share, up from $2 million, or a penny a share, last year. Revenue fell to $433 ...

Chip manufacturer Agere Systems earlier this month acquired TeraBlaze, a privately held company that specializes in Gigabit Ethernet switching. Agere was primarily attracted to TeraBlaze’s technology ...

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 ...

Communications equipment maker Agere Systems Inc. today announced plans to get out of the optoelectronics business and focus on making chips for communications networking products. The moves will ...

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 ...

NEW YORK (MarketWatch) -- Agere Systems Thursday reported first-quarter earnings of $16 million, or 9 cents a share, up from a year-ago loss of $19 million, or 11 cents a share. On a non-GAAP ...

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 ...