Xyratex Ltd seems to be doing rather better than the other European factories cut off without a penny by IBM Corp as surplus to requirements and left to sink or swim as best they can. The Swedish castaway has already foundered, but Havant, Hampshire-based Xyratex feels lusty enough to start thinking of eating other companies, and for its first feast has gone for Peer Protocols Inc, a developer of test equipment for SCSI protocol hardware, software and firmware products, based in Newport Beach, California. Xyratex develops and manufactures both off-the-shelf and custom design test systems for the storage industry, as well as making disk drives under contract. Peer Protocols Inc is privately held and terms of the deal were not given.
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