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Emulex acquires Sierra & Tandberg acquires Exabyte

2006-09-06 | Storage
"Emulex Corporation to Acquire Sierra Logic, Inc.", August 29, 2006
 http://www.emulex.com/press/2006/0829-01.html
 "Emulex Corporation (NYSE:ELX) and Sierra Logic, Inc. announced today the two companies have signed
  a definitive agreement whereby Emulex will acquire Sierra Logic, Inc., a leading provider of embedded ASIC
  components and firmware solutions for enterprise storage systems."



"Tandberg Data acquires Exabyte", 30 August 2006
 http://www.tandberg.com/index.php?option=com_content&task=view&id=251&Itemid=60
 "Tandberg Data signed late last night an agreement to acquire all assets, rights and certain liabilities in
  the US data storage company Exabyte Corporation. Tandberg Data pays USD 28 million which is distributed
  among a number of Exabyte’s creditors. USD 22 million will be paid in cash at closing. The final closing of
  the agreement is expected to take place in the fourth quarter 2006. "


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