LSI To Acquire SandForce For $322 Million
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.
SandForce’s award-winning products include flash storage processors at the heart of PCIe flash adapters and SSDs. Flash storage processors provide the intelligence required to deliver the performance and low-latency benefits of flash storage in enterprise and client applications. With market-proven, differentiated DuraClass™ technology, SandForce flash storage processors improve the reliability, endurance and power efficiency of flash-based storage solutions.
The acquisition greatly enhances LSI's competitive position in the fast-growing server and storage PCIe flash adapter market, where the WarpDrive™ family of products from LSI already uses SandForce flash storage processors. The complementary combination of LSI’s custom capability and SandForce’s standard product offering propels LSI into an industry-leading position in the rapidly growing, high-volume flash storage processor market space for ultrabook, notebook and enterprise SSD and flash solutions.
CDRLabs kicks off the week with a review of Plextor's new 256GB M2P series SSD, the PX-256M2P. Powered by Plextor's True Speed technology, this limited-edition SSD leverages high quality components like Marvell's server-grade 88SS9174 controller chip and Toshiba's 32nm Toggle NAND flash to deliver up to 500MB/s read and 440MB/s write transfer rates. The PX-256M2P also features exclusive firmware with Instant Restore, Global Wear Leveling, and Bad Block Management to maintain original performance levels, even after intensive use and long periods of operation.

