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 12493 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

Look Who’s Tweeting

Reuters VC and PE feed

RSS Feed Widget