Breaking News

SAMA introduces L70 AIO Liquid Cooler Crucial Unleashes Its Most Powerful Gaming Memory Yet: DDR5 Pro OC 6400 CL32 RICOH announces GR IV Monochrome and GR IV HDF High-end Compact Digital Cameras CORSAIR Launches the Revolutionary AIR 5400 Triple-Chamber Mid Tower to Redefine Performance ASUS TUF Gaming Unveils Call of Duty Black Ops 7 Edition AMD Radeon RX 9070 XT

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Avago to Sell LSI's Networking Business to Intel

Avago to Sell LSI's Networking Business to Intel

Enterprise & IT Aug 14,2014 0

Avago Technologies said it agreed to sell LSI's Axxia Networking Business to chipmaker Intel for $650 million in cash. The Axxia business mainly includes networking and infrastructure products for wireless networks and enterprise gateways.

Avago bought LSI in December last year for $6.6 billion, and has been divesting units as it seeks to counter volatility in its main wireless business and focus on the storage chip market.

The company said in May it would sell LSI's flash storage business to hard drive maker Seagate Technology for $450 million in cash.

The companies said the deal is expected to close in the fourth calendar quarter of 2014.

Tags: Avago TechnologiesIntel
Previous Post
Samsung Exynos 5430 Is The Company's First 20nm SoC
Next Post
Intel's Wearable Devices To Help Parkinson's Disease Research

Related Posts

  • Intel and NVIDIA to Jointly Develop AI Infrastructure and Personal Computing Products

  • An Intel-HP Collaboration Delivers Next-Gen AI PCs

  • New Intel Xeon 6 CPUs to Maximize GPU-Accelerated AI Performance

  • Intel Unveils New GPUs for AI and Workstations at Computex 2025

  • G.SKILL Releases DDR5 Memory Support List for Intel 200S Boost

  • Intel and its partners release BIOS update for Intel 15th Gen to increase performance

  • Intel-AMD new motherboards announced

  • Intel at CES 2025

Latest News

SAMA introduces L70 AIO Liquid Cooler
Cooling Systems

SAMA introduces L70 AIO Liquid Cooler

Crucial Unleashes Its Most Powerful Gaming Memory Yet: DDR5 Pro OC 6400 CL32
PC components

Crucial Unleashes Its Most Powerful Gaming Memory Yet: DDR5 Pro OC 6400 CL32

RICOH announces GR IV Monochrome and GR IV HDF High-end Compact Digital Cameras
Cameras

RICOH announces GR IV Monochrome and GR IV HDF High-end Compact Digital Cameras

CORSAIR Launches the Revolutionary AIR 5400 Triple-Chamber Mid Tower to Redefine Performance
Cooling Systems

CORSAIR Launches the Revolutionary AIR 5400 Triple-Chamber Mid Tower to Redefine Performance

ASUS TUF Gaming Unveils Call of Duty Black Ops 7 Edition AMD Radeon RX 9070 XT
GPUs

ASUS TUF Gaming Unveils Call of Duty Black Ops 7 Edition AMD Radeon RX 9070 XT

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Pure Base 501

be quiet! Pure Base 501

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed