BWI: LSI Expands Key R&D Center in India

Press release from Business Wire India
Source: LSI Corporation
Friday, January 15, 2010 12:00 PM IST (06:30 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology; Technology
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LSI Expands Key R&D Center in India


Bangalore, Karnataka, India, Friday, January 15, 2010 -- (Business Wire India) -- LSI Corporation, a leading provider of silicon, software and system solutions for storage and networking, today announced that it has expanded its research and development (R&D) facility in Pune. With more than twice the previous capacity, the expanded center will enable the company to significantly increase its workforce in Pune over the next 24 months. The additional engineering capacity will broaden the scope of development in the areas of network security, enterprise networking and data storage.

"India is a major component of our long-term strategic plan," said Abhi Talwalkar, LSI president and chief executive officer. "The world-class R&D capabilities we are deploying in India will allow us to deliver even more innovative, industry-leading products and services to meet our customers' and partners' most pressing needs."

LSI currently employs 860 people in India, with major R&D centers in Bangalore and Pune, which represent the company's largest regional presence outside of the United States. The increased level of investment in India will enable the development of new technologies and solutions for global customers and higher levels of engagement with local customers and partners.

About LSI

LSI Corporation (NYSE: LSI) is a leading provider of innovative silicon, systems and software technologies that enable products which seamlessly bring people, information and digital content together. The company offers a broad portfolio of capabilities and services including custom and standard product ICs, adapters, systems and software that are trusted by the world's best known brands to power leading solutions in the Storage and Networking markets. More information is available at www.lsi.com.

Editor's Notes:

LSI and the LSI & Design logo are trademarks or registered trademarks of LSI Corporation.


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