Tech Company M&A Transactions
SandForce Acquisition
Headquartered in Milpitas, SandForce was bought by LSI Corporation. Deal value was $322 million.
Transaction Overview
Company Name
Acquired By
Announced On
10/26/2011
Transaction Type
M&A
Amount
$322,000,000
M&A Terms
LSI will pay approximately $322 million in cash, net of cash assumed, and assume approximately $48 million of unvested stock options and restricted shares held by SandForce employees.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
691 S. Milpitas Blvd. 100
Milpitas, CA 95035
USA
Milpitas, CA 95035
USA
Phone
Website
Email Address
Overview
SandForce, Inc., is transforming data storage by pioneering the use of commodity flash memory in enterprise and client computing applications with its innovative SSD (Solid State Drive) Processors.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Raam
Chief Financial Officer
Duston Williams
VP - Administration
Steven Rowe
VP - Engineering
Kamran Malik
VP - Marketing
Thad Omura
VP - Operations
Bernie Sardinha
VP - Sales
Matt Ready
Browse more venture capital transactions:
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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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