QLogic Completes Sale of IB Assets to Intel
For $125 million as expected
This is a Press Release edited by StorageNewsletter.com on March 1, 2012 at 3:00 pmQLogic Corp. has completed the previously announced transaction to sell the product lines and certain assets associated with its InfiniBand business to Intel Corporation for $125 million in cash.
The agreement was announced on January 23, 2012.
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QLogic Sold IB Assets to Intel
For $125 million