Silicon, systems and software technologies company LSI said it has signed a definitive agreement to acquire Tarari, a privately held San Diego-based maker of silicon and software products, for $85 million.
Tarari’s products provide content and application awareness in packet and message processing, enabling a new class of advanced security and network control for service provider and enterprise networks.
Its applications include anti-virus, anti-spam, intrusion detection and prevention, XML security and advanced network control technologies. Additional Tarari services include compression, cryptography and encoding for a wide variety of applications, according to the companies.
Tarari has approximately 45 employees.
“The addition of Tarari strongly positions LSI with a real opportunity to set a new standard for converged networking security and control,” said Bob Wheeler, senior analyst at The Linley Group.
Upon closing, the Tarari team and products will be integrated into LSI’s Network and Storage Product Group, which reports to Jeff Richardson.
The transaction is expected to close in the fourth quarter, subject to the satisfaction of customary closing conditions.
CATEGORIES
LATEST ARTICLES