LSI Completes SandForce Buy
Milpitas-based LSI Corporation said Wednesday that it completed the acquisition of Milpitas-based SandForce. LSI had announced its acquisition of venture-backed SandForce in October. The deal was worth $322M. SandForce was venture backed by DCM, Storm Ventures, TransLink Capital, UMC Capital, Red Maple Ventures, Darwin Ventures, and Canaan Partners, along with LSI. SandForce becomes part of a new LSI Flash Components Division. LSI said approximately 190 SandForce employees have joined the company as part of the buy.
posted on Thursday, January 5, 2012
Related companies:
LSI
Related stories:
> Sandforce Acquired By LSI
> SandForce Gets Series B Funding
> Sandforce Gets $21M
> SandForce Picks Up $25M
> Skyera Gains $51M For Solid State Storage From Dell
silicontap.com Home