LSI Logic Corporation announced that it has signed a definitive agreement to acquire StoreAge Networking Technologies Ltd. for something in the neighborhood of $50 million in cash.

StoreAge Networking Technologies, a privately held company based in Nesher, Israel, provides enterprise SAN storage management and advanced, multi-tiered, data protection solutions that centralize and simplify storage network administration.

"We are excited to add the significant capabilities of the StoreAge product portfolio to our industry-leading storage silicon, systems and software building block offerings," said Abhi Talwalkar, LSI Logic president and chief executive officer. "We look forward to welcoming StoreAge employees and continuing to serve the needs of StoreAge channel partners and OEM customers."

"With the rapid growth in data storage capacity, enterprise customers are seeking enhanced levels of data protection, highly effective storage management tools and reduced cost of ownership," said Phil Bullinger, senior vice president and general manager, Engenio Storage Group, LSI Logic. "Through the acquisition of StoreAge, we anticipate offering our OEM and channel customers a richer set of products and features that fully address these important end user requirements."

StoreAge products included solutions for high availability, disaster recovery, backup enhancement, storage consolidation and dynamic storage provisioning, and storage services consolidation. The company offered:

• SVM (Storage Virtualization Manager) - an out-of-the-data-path (asymmetric) SAN appliance that provides virtual volume management and storage management across all storage within a SAN.


• multiView - a low-capacity snapshot copy application that creates multiple read/write point-in-time image copies of any virtualized volume on any storage device in a SAN


• multiCopy - a data replication application that creates multiple read/write point-in-time physical copies of any virtualized volume on any storage device in a SAN


• multiMirror - offers enterprises an advanced Disaster Recovery solution via Asynchronous and Synchronous Mirroring, as well as Local and Remote Mirroring


• multiMigrate - a tool for migrating a volume from one storage device to another while the applications stay on-line


• SVM Report Generator - an external utility, which analyzes data collected by SVM to generate reports on various aspects of storage usage on the SAN


• SVM App-Pack - offers the required integration between storage-intensive applications and the powerful StoreAge SVM suite of storage services

Posted by David Marshall on October 29, 2006 07:34 AM