PLX, the market leader in PCI Express interconnect silicon, is acquiring Oxford, a leader in silicon and software secure, reliable, robust storage systems.
On Monday, October 20, SanDisk and Toshiba announced a memorandum of understanding outlining the sale of 30% of SanDisk’s share of current manufacturing capacity of the companies’ joint ventures to Toshiba. SanDisk expects to receive cash and reduce equipment lease obligations by approximately $1 billion through this transaction. Few other details were given.