Cavium is to buy QLogic for $1.36 billion including QLogic’s $355 million cash. The acquisition delivers ‘significant growth at scale in data centre and storage markets’ says Cavium, ‘the combination enables Cavium to offer a complete end-to-end offering to customers in Enterprise, Cloud, Data Centre, Storage, Telco and Networking markets. QLogic adds an incremental $2+ ...
from ElectronicsWeekly http://www.electronicsweekly.com/news/business/cavium-buys-qlogic-2016-06/
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