Emulex to Buy Sierra Logic for $180 Million
From Bloomberg News
Emulex Corp., which makes hardware components that help computers store data, agreed to buy Sierra Logic Inc. for $180 million to offer a broader selection of routers to clients.
The price includes cash, assumed debt and staff-related compensation costs, Costa Mesa-based Emulex said. Roseville, Calif.-based Sierra Logic has about 70 employees.