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LSI Logic Corporation today announed it has completed the acquisition of the RAID business, engineering teams and technology from American Megatrends, Inc. (AMI).
As a result of this immediately accretive cash transaction, LSI Logic acquired AMI's MegaRAID software intellectual property and host bus adapter product family. These boards support Fibre Channel, SCSI and other leading storage I/O standards. LSI Logic also acquired AMI's more than 200 RAID employees, including 120 hardware and software engineers based in Norcross, Georgia, Fremont, California and other sales service locations.
John D'Errico, LSI Logic executive vice president for Storage Components, said that LSI Logic would strengthen and extend its storage components offerings with AMI's leading MegaRAID technology.
"As a result of the combination of AMI's MegaRAID products with LSI Logic's expertise in Fibre Channel, SCSI and other leading storage I/O channels, we will offer next-generation storage component products for our customer base that includes: Agilent, Brocade, Compaq, Dell, EMC, Hewlett-Packard, IBM, Intel, Seagate and Sun Microsystems," said D'Errico.
"There is a direct correlation between the rapid growth of data, voice and video conveyed by the Internet and the expansion of the global storage components market," said D'Errico. "RAID is an ubiquitous technology in the worldwide server market, and the MegaRAID product family provides the most widely used and proven solutions to LSI Logic, enabling us to provide complete storage interface solutions for our customers in the storage market."