drag2share: LSI acquires SandForce for $370 million, looks to step up its SSD game
Source: http://www.engadget.com/2011/10/27/lsi-acquires-sandforce-for-370-million-looks-to-step-up-its-ss/
SandForce has been behind many an SSD in its day, but it looks like it's finally about to settle down, and get hitched. Yesterday, LSI announced plans to acquire the flash storage company, as part of a $370 million agreement. The deal brings SandForce's processors and energy efficient DuraClass technology under LSI's roof, giving the semiconductor designer some new flash firepower and an extra boost into a burgeoning market. Tangible results, of course, remain to be seen, though it's certainly not the first time these two have danced. SandForce, after all, provided the motor for LSI's WarpDrive lineup, and will presumably do much more, once the deal goes through. Pending regulatory approval, the acquisition should be finalized by the first quarter of 2012. Full PR after the break. Continue reading LSI acquires SandForce for $370 million, looks to step up its SSD game
LSI acquires SandForce for $370 million, looks to step up its SSD game originally appeared on Engadget on Thu, 27 Oct 2011 02:45:00 EDT. Please see our terms for use of feeds.
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