Linux Sysadmin Blog

LSI Aquires 3ware® From AMCC

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In an accouncement made yesterday LSI Corporation stated that it had entered into a definitive agreement with Applied Micro Circuits Corporation (AMCC) to acquire the assets and associated intellectual property of the 3ware® RAID adapter business. It has been about 5 years since AMCC aquired 3Ware Inc for roughly 150 millions dollars in cash and yesterday they sold 3Ware for about 20 million cash.