QLogic Furthers iSCSI with Acquisition of Little Mountain Group
- By Scott Bekker
- January 24, 2001
has acquired the outstanding common stock of Little
Mountain Group Inc.
for cash and stock. The transaction is said to be worth
$30 million over a four year period.
LMG, founded in 1999, develops standards-based technology
for high-speed SANs. LMG is currently developing iSCSI – SCSI over IP –
technology for use in adapters and storage controllers to enable a new
generation of Ethernet SANs. The LMG iSCSI solution includes hardware-based
TCP/IP acceleration, which had broad application possibilities in a number of
LMG will be operated as a wholly-owned subsidiary of QLogic.
“The addition of the LMG technology and their engineering
team to QLogic is an important step in bringing rapidly developing new
Ethernet-based storage architectures to our markets,” said HK Desai, chairman,
CEO, and president of QLogic. – Isaac
Scott Bekker is editor in chief of Redmond Channel Partner magazine.