Chip manufacturer Broadcom has announced a deal to buy Brocade Communications, a major supplier of fiber channel storage area networking technology to data centers, for $5.5 billion in cash and the assumption of Brocade's $400 million debt. That represents a 47 percent premium over Brocade's closing share price last week, said Brocade CEO Lloyd Carney. The "architecture, algorithms, software [and...
A behemoth on the semiconductor scene just got a little bigger. Chip manufacturer LSI has acquired the hard disk drive business of Germany-based Infineon Technologies for an undisclosed amount. The buyout, announced Monday, came a little less than a year after the former LSI Logic had acquired Agere...
The chip-making industry appears to be entering a period of consolidation, with a series of deals announced Monday suggesting firms are seeking to expand their technology portfolios and reduce costs by merging with onetime rivals. The largest of the deals calls for LSI Logic to purchase rival storag...
The Debian GNU distribution of the Linux operating system has taken a step closer to bringing the famous "non-commercial" software to a new commercial arena by garnering backing from industry mainstays VA Linux Systems, O'Reilly Associates and SGI, Inc
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