LSI Logic has come a long way since 1981, when Wilfred Corrigan founded the company with $6 million of venture capital. Corrigan, a native of Liverpool, England, moved to the United States to pursue a career in electronics. He climbed the ladder at Motorola in Phoenix, Arizona, before becoming CEO of Fairchild Semiconductor in Mountain View, California, in the mid-1970s. The launch of LSI Logic marked his transition to entrepreneur. The company went public in 1983. By the mid-1990s, LSI Logic was selling chips to Sony for its PlayStation video game machine. And in 2001, it made its first major acquisition, C-Cube Microsystems, in a stock deal valued at $851 million.