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 is also gaining the expertise of AMI’s more
than 200 RAID employees, including 120 hardware and software engineers based
in Norcross, Georgia, Fremont, California and other sales service locations.
We employ strategic acquisitions to enhance our intellectual property
portfolio and to bolster our engineering corps, said Bryon Look, LSI Logic
executive vice president and chief financial officer. The purchase of AMI’s
RAID business is the latest example of how LSI Logic uses strategic
cquisitions to better serve customers in our targeted vertical markets.
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.
