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June 16, 2016  9:35 AM

Cavium pays $1 billion for QLogic, storage

Dave Raffo Dave Raffo Profile: Dave Raffo
Cavium, Qlogic, Storage Networking

After months of shopping itself, storage networking vendor QLogic has a buyer. Networking semiconductor vendor Wednesday said it will pay $1 billion for the FC and Ethernet adapter company in a deal expected to close in the third quarter of 2016. The deal adds to the evidence that storage...


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