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LSI Announces Agreement To Acquire SandForce

btarunr

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#1
LSI Corporation today announced that it has signed a definitive agreement to acquire SandForce, Inc., the leading provider of flash storage processors for enterprise and client flash solutions and solid state drives (SSDs). Under the agreement, LSI will pay approximately $322 million in cash, net of cash assumed, and assume approximately $48 million of unvested stock options and restricted shares held by SandForce employees.

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#2
What does it mean for OCZ and the other brands that use sandforce technology?
 
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#3
I'm real surprised that it wasn't acquired by OCZ, given their past relationships, and how ocz's main products heavily rely on their controllers.

Guess they spent all their moneys on PLX :roll:

If their relationship with LSI doesn't go as smoothly as it did with Sandforce (i.e, massive favoritism) then I suppose they'll just end up relying on Indilinx a lot more throughout their primary product lineup or stuff i dunno. :pimp:
 
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#4

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#5
OCZ don't compete with LSI and use LSI technology in some of their products, so it's not an issue for them.

Additionally OCZ bought Indilinx so even if Sandforce came off the market and went LSI only then they'd still have a vendor.
 
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#6
Yeh their Octane drives dont look too bad.
 

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#7
yea the new Indilinx controller is just as fast as the sandforce controller but without all the issues. so OCZ no longer cares there investment in acquiring Indlinx is now paying off Sandforce was just there go to for filling in there product lines untill they had a controller that could compete.
 

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#8
yea the new Indilinx controller is just as fast as the sandforce controller but without all the issues. so OCZ no longer cares there investment in acquiring Indlinx is now paying off Sandforce was just there go to for filling in there product lines untill they had a controller that could compete.
In all fairness issues with controllers is not a new thing at all. Intel have had several issues, I think Barefoot had issues, Sandforce has had issues and the first gen JMicron had issues.