LSI Corp. Acquires SandForce

Fabless semiconductor maker ​LSI Corp. of Milpitas, Calif., recently announced plans to acquire flash storage processing company SandForce for $322 million in cash, net of cash assumed, and assume about $48 million of unvested stock options and restricted shares of SandForce employees. PRESS RELEASE: LSI Corporation (NYSE: LSI) today announced that it has signed a […]

SandForce Raises $21 Million

SandForce Inc., a Santa Clara, Calif.-based developer of flash solid-state drive processors, has raised $21 million in Series C funding. TransLink Capital led the round, and was joined by fellow new investors UMC Capital, LSI Corp., Red Maple Ventures, Darwin Ventures and A-Data Technology. Return backers included DCM, Storm Ventures and unnamed “tier-1 storage OEMs.”

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget