Aliso Viejo-based QLogic Corp. plans to pay about $109 million to buy Sunnyvale-based PathScale Inc., which makes software and devices that connect storage systems, the companies said Wednesday.
QLogic said the all-cash deal is expected to close in April following the “satisfaction of customary closing conditions.”
QLogic, which makes host bus adapters and circuit boards that link computers on data storage networks, would boost its Linux-based products with the acquisition.
“PathScale’s InfiniBand technology allows users to deploy large clusters of inexpensive rackmount and blade servers running Linux for high-performance applications,” said H.K. Desai, Qlogic’s chief executive. “This acquisition demonstrates our commitment to entering new, high-growth markets that enhance our ability to achieve accelerated growth.”
The buy follows QLogic’s recent sale of a disk drive controller business for $225 million to Sunnyvale-based Marvell Technology Group Ltd.
