Storage Soup:

storage vendors; nas

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July 23, 2009  4:00 PM

LSI buys ONStor, enters NAS business



Posted by: Dave Raffo
storage vendors; nas

LSI Corp. acquired NAS vendor ONStor today, continuing the trend of storage acquisitions that likely will continue for at least a few more months. LSI got a good price. It paid $25 million for a company that had close to $140 million in VC funding. But for now LSI isn’t talking about its...

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