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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.


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