- AMI agrees to sell RAID software and hardware expertise, including more than 200 employees to LSI
- The transaction is anticipated to close during the second quarter ending June 30
ATLANTA (Tuesday, May 29, 2001) American Megatrends Inc. (AMI), the leader in storage and computing innovations worldwide, and LSI Logic Corporation (NYSE: LSI) today agreed to the sale of AMI’s industry-leading RAID business and intellectual property, including its high-performance PCI-based RAID host adapter controllers.
According to the terms of the agreement, AMI will sell its MegaRAID software intellectual property and host adapter board product family to LSI. RAID (redundant array of independent disks) provides higher performance storage capabilities and enhanced data security by grouping hard disks into fault tolerant clusters. These boards support Fibre Channel, SCSI and other leading storage I/O standards. More than 200 AMI employees, including hardware and software engineers based in Norcross, GA, Fre
About AMI : Founded in 1985 and known worldwide for AMIBIOS®, American Megatrends Inc. (AMI) supplies state-of-the-art hardware, software, and utilities to top-tier manufacturers of desktop, server, mobile and embedded systems. AMI’s industry leading Aptio® V UEFI BIOS firmware, innovative StorTrends® Network Storage hardware and software products and MegaRAC® remote server management solutions continue to garner industry acclaim and awards around the world. In line with the diversity of its technology and product line, AMI is a member of a number of industry associations and standards groups, such as the Unified EFI Forum (UEFI), the Intel® Intelligent Systems Alliance and the Trusted Computing Group (TCG). Headquartered in Norcross, Georgia, AMI has locations in the U.S., China, Germany, India, Japan, Korea and Taiwan to better serve its customers.
For more information on AMI, its products or services, call 1-800-U-BUY-AMI or visit www.ami.com.
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