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LSI

LSI to acquire SandForce for $322 million

Chipmaker LSI said today it has signed a deal to acquire privately held flash storage processor provider SandForce for $322 million in cash.

The acquisition will give the Milpitas, Calif.-based-semiconductor maker--previously known as LSI Logic--an expanded presence in the fast-growing market for solid-state drives made with NAND flash memory chips, like those typically found in smartphones and tablet computers. As flash prices decline, demand for flash SSDs is expected to overshadow traditional hard drives.

"Adding SandForce's technology to LSI's broad storage portfolio is consistent with our mission to accelerate storage and networking," LSI Chief Executive … Read more

HP, IBRIX, LSI, ONStor and scale-out NAS

During the last two weeks we saw two acquisitions of relatively small purveyors of scalable file systems by big storage players. First, HP finally pulled in its partner IBRIX. Only days later, LSI made a surprise acquisition of ONStor. If both IBRIX and ONStor offer platforms upon which one can build scalable network attached storage (NAS), do these back-to-back deals indicate some sort of emerging trend? Yes and no. Yes it is in that, if you're a major NAS vendor and want to compete with NetApp who is readying GX8, scalability is now a must-have. But IBRIX extends capabilities … Read more