Tech Company M&A Transactions
Velio Communications Acquisition
On 2/24/2004, Velio Communications was acquired by LSI Corporation. Purchase price was estimated to be $20 million.
Transaction Overview
Company Name
Acquired By
Announced On
2/24/2004
Transaction Type
M&A
Amount
$20,000,000
M&A Terms
LSI Logic Corporation today announced an agreement to acquire privately held Velio Communications, Inc. in a cash transaction valued at approximately $20 million.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
888 Tasman Drive
Milpitas, CA 95035
USA
Milpitas, CA 95035
USA
Phone
Website
Email Address
Not Recorded
Overview
Velio is a premier provider of high-bandwidth silicon solutions that enable the scaling and evolution of telecom, storage, and enterprise networking systems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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