About Agere Systems
Agere Systems is a company based in Allentown (United States) founded in 1998 was acquired by LSI in December 2006.. Agere Systems has raised $8 million across 3 funding rounds from investors including SVB, Broadcom and Comdisco. The company has 249 employees as of December 31, 2016. Agere Systems has completed 2 acquisitions, including Massana and Modem Art. Agere Systems operates in a competitive market with competitors including Marvell, Infineon, Maxim Integrated, Analog Devices and Cypress Semiconductor, among others.
- Headquarter Allentown, United States
- Employees 249 as on 31 Dec, 2016
- Stage Public
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Agere Systems Inc.
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Funding Insights of Agere Systems
Agere Systems has successfully raised a total of $8M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4 million completed in November 1999. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $4.0M
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First Round
First Round
(01 Nov 1998)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 1999 | Amount | Debt – Conventional - Agere Systems | Valuation |
investors |
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| May, 1999 | Amount | Debt – Conventional - Agere Systems | Valuation |
investors |
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| Nov, 1998 | Amount | Series A - Agere Systems | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Agere Systems
Agere Systems has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Broadcom and Comdisco. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in Texas-based companies.
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Founded Year | Domain | Location | |
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Early-stage companies are invested in globally by TL Ventures.
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Founded Year | Domain | Location | |
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IT software and hardware reselling services are provided by Comdisco.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Agere Systems
Agere Systems has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Massana and Modem Art. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Artistic endeavors are pursued through an online platform since 1998.
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1998 | ||||
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Gigabit ethernet-over-copper PHY technologies are developed for networking devices.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Agere Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Agere Systems Comparisons
Competitors of Agere Systems
Agere Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Marvell, Infineon, Maxim Integrated, Analog Devices and Cypress Semiconductor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Semiconductor integrated circuits are manufactured, including processors and transceivers.
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| domain | founded_year | HQ Location |
Multiple analog and mixed-signal ICs are manufactured for various applications.
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| domain | founded_year | HQ Location |
Analog and mixed-signal integrated circuits are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
Analog, mixed-signal, and digital signal processing ICs are manufactured.
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| domain | founded_year | HQ Location |
High-performance mixed-signal programmable solutions are delivered globally.
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| domain | founded_year | HQ Location |
Semiconductor solutions are provided for cellular and connectivity markets.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Agere Systems
Frequently Asked Questions about Agere Systems
When was Agere Systems founded?
Agere Systems was founded in 1998.
Where is Agere Systems located?
Agere Systems is headquartered in Allentown, United States. It is registered at Allentown, Pennsylvania, United States.
Is Agere Systems a funded company?
Agere Systems is a funded company, having raised a total of $8M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Nov 01, 1998.
How many employees does Agere Systems have?
As of Dec 31, 2016, the latest employee count at Agere Systems is 249.
What does Agere Systems do?
Integrated circuits for storage, wireless mobile communications, and enterprise networks were developed by Agere Systems, founded in 1998 as a Lucent Technologies division and spun off in 2002. Products targeted manufacturers of hard disk drives, mobile phones, and high-speed communications systems. Operations focused on telecommunications applications, with headquarters in Allentown, United States. Acquisition by LSI Corporation occurred in 2007.
Who are the top competitors of Agere Systems?
Agere Systems's top competitors include Infineon, ON Semiconductor and Tsinghua Unigroup.
How many acquisitions has Agere Systems made?
Who are Agere Systems's investors?
Agere Systems has 5 investors. Key investors include SVB, Broadcom, Comdisco, Austin Ventures, and TL Ventures.
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