diff --git a/drivers/i2c/busses/i2c-omap.c b/drivers/i2c/busses/i2c-omap.c
index 0e894193accf..0e74bd4d6c82 100644
--- a/drivers/i2c/busses/i2c-omap.c
+++ b/drivers/i2c/busses/i2c-omap.c
@@ -25,6 +25,8 @@
  */
 
 #include <linux/module.h>
+#include <linux/kernel.h>
+#include <linux/time.h>
 #include <linux/delay.h>
 #include <linux/i2c.h>
 #include <linux/err.h>
@@ -359,6 +361,8 @@ static int omap_i2c_init(struct omap_i2c_dev *dev)
 	u16 fsscll = 0, fssclh = 0, hsscll = 0, hssclh = 0;
 	unsigned long fclk_rate = 12000000;
 	unsigned long internal_clk = 0;
+	unsigned long internal_clk_period = 0;
+	unsigned long scl_period = 0;
 	struct clk *fclk;
 
 	if (dev->rev >= OMAP_I2C_REV_ON_3430_3530) {
@@ -395,58 +399,79 @@ static int omap_i2c_init(struct omap_i2c_dev *dev)
 	}
 
 	if (!(dev->flags & OMAP_I2C_FLAG_SIMPLE_CLOCK)) {
-
 		/*
 		 * HSI2C controller internal clk rate should be 19.2 Mhz for
-		 * HS and for all modes on 2430. On 34xx we can use lower rate
-		 * to get longer filter period for better noise suppression.
-		 * The filter is iclk (fclk for HS) period.
+		 * HS and for all modes on 2430. For all other devices and
+		 * speeds we will use a 12MHz internal clock.
 		 */
-		if (dev->speed > 400 ||
-			       dev->flags & OMAP_I2C_FLAG_FORCE_19200_INT_CLK)
-			internal_clk = 19200;
-		else if (dev->speed > 100)
-			internal_clk = 9600;
-		else
-			internal_clk = 4000;
+		if (dev->flags & OMAP_I2C_FLAG_FORCE_19200_INT_CLK ||
+				dev->speed > 400) {
+			internal_clk = 19200000;
+			internal_clk_period = NSEC_PER_SEC /
+				internal_clk; /* ns */
+		} else {
+			internal_clk = 12000000;
+			internal_clk_period = NSEC_PER_SEC /
+				internal_clk; /* ns */
+		}
+
 		fclk = clk_get(dev->dev, "fck");
-		fclk_rate = clk_get_rate(fclk) / 1000;
+		fclk_rate = clk_get_rate(fclk);
 		clk_put(fclk);
 
 		/* Compute prescaler divisor */
 		psc = fclk_rate / internal_clk;
 		psc = psc - 1;
 
+		/*
+		 * Here's the tricky part, we want to make sure our duty cycle
+		 * is as close to 50% as possible. In order to achieve that, we
+		 * will first figure out what's the period on chosen scl is,
+		 * then divide that by two and calculate SCLL and SCLH based on
+		 * that.
+		 *
+		 * SCLL and SCLH equations are as folows:
+		 *
+		 * SCLL = (tLow / iclk_period) - 7;
+		 * SCLH = (tHigh / iclk_period) - 5;
+		 *
+		 * Where iclk_period is period of Internal Clock.
+		 *
+		 * tLow and tHigh will be basically half of scl_period where
+		 * possible as long as we can match I2C spec's minimum limits
+		 * for them.
+		 */
+		scl_period = NSEC_PER_SEC / (dev->speed * 1000);
+
 		/* If configured for High Speed */
 		if (dev->speed > 400) {
-			unsigned long scl;
+			unsigned long fs_period;
+
+			/*
+			 * first phase of HS mode is up to
+			 * 400kHz so we will use that.
+			 */
+			fs_period = NSEC_PER_SEC / 400000;
 
 			/* For first phase of HS mode */
-			scl = internal_clk / 400;
-			fsscll = scl - (scl / 3) - 7;
-			fssclh = (scl / 3) - 5;
+			fsscll = DIV_ROUND_UP(fs_period >> 1,
+					internal_clk_period) - 7;
+			fssclh = (fs_period >> 1) / internal_clk_period - 5;
 
 			/* For second phase of HS mode */
-			scl = fclk_rate / dev->speed;
-			hsscll = scl - (scl / 3) - 7;
-			hssclh = (scl / 3) - 5;
-		} else if (dev->speed > 100) {
-			unsigned long scl;
-
-			/* Fast mode */
-			scl = internal_clk / dev->speed;
-			fsscll = scl - (scl / 3) - 7;
-			fssclh = (scl / 3) - 5;
-		} else {
-			/* Standard mode */
-			fsscll = internal_clk / (dev->speed * 2) - 7;
-			fssclh = internal_clk / (dev->speed * 2) - 5;
+			hsscll = DIV_ROUND_UP(scl_period >> 1,
+					internal_clk_period) - 7;
+			hssclh = (scl_period >> 1) / internal_clk_period - 5;
+		} else  {
+			fsscll = DIV_ROUND_UP(scl_period >> 1,
+					internal_clk_period) - 7;
+			fssclh = (scl_period >> 1) / internal_clk_period - 5;
 		}
 		scll = (hsscll << OMAP_I2C_SCLL_HSSCLL) | fsscll;
 		sclh = (hssclh << OMAP_I2C_SCLH_HSSCLH) | fssclh;
 	} else {
 		/* Program desired operating rate */
-		fclk_rate /= (psc + 1) * 1000;
+		fclk_rate /= (psc + 1);
 		if (psc > 2)
 			psc = 2;
 		scll = fclk_rate / (dev->speed * 2) - 7 + psc;
