TOP NEWS

QLogic Now Part Of Cavium

Aliso Viejo-based storage networking products developer QLogic is now officially part of Cavium, Cavium said on Tuesday, after the $1.36 billion acquisition of QLogic completed. The two companies had announced the deal in June. QLogic was a maker of high speed networking and storage networking devices; Cavium makes networking semiconductors. The sale of QLogic comes two years after the sudden death of founder and Chairman HK Desai, revenue stumbles, and big executive shuffling at the company.


LATEST HEADLINES

More Headlines

BROWSE ISSUES