LSI Corporation har købt SandForce

LSI Corporation har købt SandForce

LSI har netop annonceret at de har købt controller chip producenten SandForce for 322 millioner USD i kontanter og yderligere 48 millioner USD for opkøb af aktieoptioner hos medarbejderes hos SandForce. Handlen forventes afsluttet og gennemført i starten af 2012.

 

SandForce controller chippene finder man stort set i alle Solid State Drives på markedet i dag, og det måtte forventes at SandForce blev opkøbt. Interessant nok blev det LSI og ikke en af de store producenter af Solid State Drives.

 

 

LSI Corporation (NYSE: LSI) today announced that it has signed a definitive agreement to acquire SandForce, Inc., the leading provider of flash storage processors for enterprise and client flash solutions and solid state drives (SSDs). Under the agreement, LSI will pay approximately $322 million in cash, net of cash assumed, and assume approximately $48 million of unvested stock options and restricted shares held by SandForce employees.
 
SandForce’s award-winning products include flash storage processors at the heart of PCIe flash adapters and SSDs. Flash storage processors provide the intelligence required to deliver the performance and low-latency benefits of flash storage in enterprise and client applications. With market-proven, differentiated DuraClass™ technology, SandForce flash storage processors improve the reliability, endurance and power efficiency of flash-based storage solutions.
 
The acquisition greatly enhances LSI's competitive position in the fast-growing server and storage PCIe flash adapter market, where the WarpDrive™ family of products from LSI already uses SandForce flash storage processors. The complementary combination of LSI’s custom capability and SandForce’s standard product offering propels LSI into an industry-leading position in the rapidly growing, high-volume flash storage processor market space for ultrabook, notebook and enterprise SSD and flash solutions.
 
“Flash-based solutions are critical for accelerating application performance in servers, storage and client devices,” said Abhi Talwalkar, LSI president and chief executive officer. “Adding SandForce’s technology to LSI’s broad storage portfolio is consistent with our mission to accelerate storage and networking. The acquisition represents a significant, rapidly growing market opportunity for LSI over the next several years.”
 
Michael Raam, SandForce president and CEO, said, “The combination of SandForce and LSI allows us to deliver differentiated solutions in the PCIe flash adapter segment by tightly integrating flash memory and management. In addition, leveraging our flash storage processors with LSI’s comprehensive IP portfolio and leading-edge silicon design platforms will lead to innovative solutions.”
 
The transaction is expected to close early in the first quarter of 2012 subject to customary closing conditions and regulatory approvals. Upon closing, the SandForce team will become part of LSI’s newly formed Flash Components Division, with Raam as general manager.

Link: LSI

Skrevet af Martin den 27. Oct 2011. Nyheden er læst 1115 gang(e).

Del med dine venner

     

0 kommentarer
Skriv kommentar til nyheden Kommentarer til nyheden fra Facebook
Nyeste Videoer og Trailers

Seneste nyheder
0

Her er ASRock X99 Extreme6 LGA 2011 bundkortet

ASRock viser nu deres X99 Extr
Læs Mere
1

AMD er på vej med to nye FX processorer

AMD forbereder to ny FX serie
Læs Mere
0

ASUS Essence III har fået en EISA European USB DAC 2014-2015 Award

ASUS har i dag annonceret at d
Læs Mere
0

Ny ASUS RT-AC87U AC2400 Dual-Band Gigabit Wireless Router

ASUS har annonceret RT-AC87U,
Læs Mere

0

Call of Duty: Advanced Warfare kommer ikke til Wii U

Sledgehammer Games har bekræft
Læs Mere
0

Samsung Galaxy Note 3 Neo får KitKat

Samsung er begyndt at rulle Go
Læs Mere
0

Artikel: Filmpremierer uge 34

Tweak.dk tager igen i denne ug
Læs Mere
0

HTC One M8 For Windows smartphone er officiel

HTC har officielt annonceret d
Læs Mere
Indsend nyhed
Har du fundet en fed nyhed så indsend den så alle andre på Tweak.dk kan få glæde af den.