LSI Corporation (LSI) designs, develops and markets high-performance storage and networking semiconductors. The Company offers a portfolio of capabilities, including custom and standard product integrated circuits that are used in hard disk drives (HDDs), solid state drives, high-speed communications systems, computer servers, storage systems and personal computers. The Company delivers its products to its customers as stand-alone integrated circuits, as well as incorporated onto circuit boards that offer additional functionality. It also licenses its intellectual property to other entities. The Company provides products for original equipment manufacturers (OEMs) in the server, storage and networking industries. It also sells some of its products through a network of resellers and distributors. On January 3, 2012, LSI acquired SandForce, Inc., a provider of flash storage processors (FSPs), for enterprise and client flash solutions and solid state drives (SSDs).