CRN: QLogic is acquiring SilverStorm Technologies to become a full-line InfiniBand technology supplier as the market for high-performance computing starts to mature.
The acquisition also intensify will the competition between QLogic and Cisco Systems, which in April acquired InfiniBand technology developer Topspin for $250 million.
Aliso Viejo, Calif.-based QLogic, which is best known as a manufacturer of Fibre Channel host bus adapters, switches and blades, plans to pay about $60 million in cash for SilverStorm, King of Prussia, Pa.
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