Sunday, March 29, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Lists Windows 10-Compatible Phones
Intel in Talks to buy Altera: report
MediaTek Releases New High-end Smartphone Helio SoC
Google To Get Into The Operating Room
Data Requests To Microsoft Decreased
Google Defeated in English Court - Decision Opens Door for Litigation by Millions of British Apple Users
LG G4 Smartphone Coming Late April
BlackBerry Posts Quarterly Profit
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > General Computing > LSI Acq...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, March 12, 2008
LSI Acquires Hard Disk Drive Business from Infineon


Infineon Technologies AG entered into a definitive agreement, under which LSI Corporation will acquire Infineon?s hard disk drive (HDD) business.

Under the terms of the agreement, LSI will purchase the Infineon HDD business, which designs, manufactures and markets semiconductors for HDD devices. Infineon will transfer its complete HDD activities, including customer relations and will grant an IP license. Also included in the transaction is a design service agreement. The transaction does not comprise significant assets and transfer of employees. Financial details were not disclosed.

"The sale of our HDD business is yet another step towards our overall commitment to streamlining our business activities to focus on our core markets," explained Sandro Cerato, Vice President and General Manager of the ASIC Design and Security Business Unit at Infineon Technologies.

"We expect the acquisition to immediately accelerate revenue with a top-tier customer, Hitachi Global Storage Technologies, while enhancing our competitive position in the desktop and enterprise space," said Ruediger Stroh, Executive Vice President and General Manager, Storage Peripherals Group, LSI.

The acquisition is expected to close in the second calendar quarter of 2008.


Previous
Next
OCZ Introduces the Vendetta 2 Series of CPU Coolers        All News        Microsoft Delivers Windows Aero to New Wireless Laser Desktop 7000
YouTube Opened to Developers     General Computing News      Google Closes $3.1 bln DoubleClick Acquisition

Get RSS feed Easy Print E-Mail this Message

Related News
UMC To Make Infineon's Automotive Chips
Infineon To Buy International Rectifier for Approximately USD3 Billion
EU To Fine Philips, Infineon And Samsung
Infineon and Atmel Settle Patent Dispute
Infineon and GLOBALFOUNDRIES To Produce 40nm Embedded Flash Process Technology
Infineon To Make FIrst Chips Out Of 300mm Wafers
Infineon Purchases Manufacturing Facilities from Qimonda
Infineon to Offer First "80 PLUS Platinum" Compliant Power Supply Reference Design
Infineon Files Patent Infringement Lawsuit Against Atmel
Intel to Acquire Infineon's Wireless Solutions Business
Infineon and Elpida Settle Legal Dispute
Elpida Filed a Lawsuit Against Infineon Technologies AG

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .