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Tuesday, November 28, 2006
LSI Logic Completes StoreAge Acquisition
LSI Logic announced today that it has completed its acquisition of Irvine-based StoreAge Networking Technologies, a provider of SAN storage management and data protection software. The previously announced deal was worth $50M in cash. StoreAge develops storage software used by companies for virtualization, storage replication, snapshot, and data management. The firm's research and development offices are located in Nesher, Israel.
posted on Tuesday, November 28, 2006
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