The maker of those impressive SandForce SSD controllers that we so fondly know now has a new owner. Semiconductors and software company LSI Corporation today announced that it has signed a definitive agreement to acquire SandForce, Inc. Under the agreement, 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. LSI's WarpDrive family of products already uses SandForce flash storage processors.
2DayBlog.com, LSI set to acquire SandForce in $370 million deal
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