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LSI completes buy of RAID unit

LSI Logic on Tuesday completed its acquisition of the RAID (Redundant Array of Independent Disks) unit from American Megatrends. LSI, a custom chipmaker, paid $221 million in cash for the unit, representative Kevin Brett said. As part of the deal, Milpitas, Calif.-based LSI gets AMI's MegaRAID software intellectual property and host bus adapter products. These boards support Fibre Channel, SCSI and other storage input/output standards. LSI Logic also acquired more than 200 RAID employees, including 120 hardware and software engineers based in Norcross, Ga.; Fremont, Calif., and other locations. The deal was first announced in late May.

LSI Logic on Tuesday completed its acquisition of the RAID (Redundant Array of Independent Disks) unit from American Megatrends. LSI, a custom chipmaker, paid $221 million in cash for the unit, representative Kevin Brett said.

As part of the deal, Milpitas, Calif.-based LSI gets AMI's MegaRAID software intellectual property and host bus adapter products. These boards support Fibre Channel, SCSI and other storage input/output standards. LSI Logic also acquired more than 200 RAID employees, including 120 hardware and software engineers based in Norcross, Ga.; Fremont, Calif., and other locations. The deal was first announced in late May.