Avago Technologies (s avgo) has agreed to buy LSI Corp. (s LSI) for $11.15 per share in an all-cash transaction valued at $6.6 billion. The deal will add LSI’s enterprise storage capabilities to Avago’s networking and industrial businesses. As the data center consolidates and becomes more virtualized the chip industry is reacting with more integration. This deal can be seen as an extension of that trend.
When it comes to cloud services, webscale companies such as Amazon, Google, Microsoft, Tencent, and Baidu have an infrastructure advantage, which in turn allows them to sell cloud services to others. What does lack of such giants mean for Europe and European cloud ambitions?
Watch out hard drives — slick startup Skyera, launched by the founder of SandForce, says it really can put flash storage everywhere — without breaking the bank. It’s a bold claim but one that’s backed up with some pretty credible storage expertise.