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eASIC Announces Strategic Investment by Seagate

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eASIC Corporation, a provider of NEW ASIC devices today announced a strategic investment by Seagate Technology. In addition to the equity investment, eASIC and Seagate also are exploring opportunities to jointly develop custom silicon solutions for Seagate's portfolio of Solid State Drives (SSD) that would combine Seagate's expertise in SSD with eASIC's expertise in fast time-to-market, low-cost and low-power custom silicon solutions.

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