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Storage - Friday, February 16, 2007

LSI Buys SiliconStor For $45M

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Milpitas-based LSI Logic has bought Fremont, California-based SiliconStor. LSI said it will pay $55M in cash. SiliconStor develops storage technology . SiliconStor is venture backed by VSP Capital and APV Technology Partners. It last raised $9M in 2005.

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Read - LSI Logic to Acquire Siliconstor, Inc. to Expand SAS and SATA Storage Solutions Portfolio (Release)

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