M&A Deal Summary

QLogic Acquires Ancor Communications

On August 1, 2000, QLogic acquired technology hardware company Ancor Communications for 1.7B USD

Acquisition Highlights
  • This is QLogic’s 1st transaction in the Technology Hardware sector.
  • This is QLogic’s largest (disclosed) transaction.
  • This is QLogic’s 2nd transaction in the United States.
  • This is QLogic’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2000-08-01
Target Ancor Communications
Sector Technology Hardware
Buyer(s) QLogic
Deal Type Merger
Deal Value 1.7B USD

Target

Ancor Communications

Eden Prairie, Minnesota, United States
Ancor Communications, Inc. is a developer of ANSI-standard Fiber Channel storage and networking products.

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Buyer(S) 1

Buyer

QLogic

Aliso Viejo, California, United States
Category Company
Founded 1992
Sector Semiconductors
Employees782
Revenue 459M USD (2016)
DESCRIPTION

QLogic Corp. is a provider of high performance storage networking solutions including Fibre Channel host bus adapters (HBAs), blade server embedded Fibre Channel switches, Fibre Channel stackable switches, iSCSI HBAs, iSCSI routers and storage services platforms for enabling advanced storage management applications.

DEAL STATS #
Overall 2 of 7
Sector (Technology Hardware) 1 of 4
Type (Merger) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 2 of 7
Year (2000) 1 of 1
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-08-20 Silicon Design Resources

United States

Silicon Design Resources, Inc. is a designs and markets enclosure management controller chips for the mass storage subsystem and server markets.

Buy $10M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-23 Little Mountain Group

Auburn, California, United States

Little Mountain Group, Inc. develops standards-based technology for high-speed SANs. LMG is currently developing iSCSI – SCSI over IP – technology for use in adapters and storage controllers to enable a new generation of Ethernet SANs.

Buy $30M
Mergr

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