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Intel sells storage vendor ICP Vortex to Adaptec

Intel sells storage vendor ICP Vortex to Adaptec

Adaptec has purchased the German storage vendor ICP Vortex from Intel, continuing a streak of Adaptec acquisitions and Intel divestitures.

Financial terms of the deal were not disclosed. ICP Vortex makes controllers for RAID (redundant array of independent disks) storage products, such as hard drives based on the Serial ATA (advanced technology attachment), iSCSI (Internet small computer systems interface) or Fibre Channel standards.

ICP's hardware and software products help administrators manage the flow of information between storage devices and servers. Intel bought the company in March 2001.

Adaptec will add ICP's products to its own line of storage products, it said. The company bought another storage vendor, Eurologic in March.

Intel has purchased a number of companies and businesses in different markets over the past few years, but has sold off some of those units and discontinued others as the company renews its focus on designing and manufacturing chips. This year, Intel has sold its Trillium Digital Systems subsidiary, which makes telecommunications software, to Continuous Computing. In 2002, Intel sold its LANDesk network management software, dissolved its Web hosting business, and offloaded subsidiary company Shiva, a maker of VPN (virtual private network) appliances.


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