News briefs: Dassault agrees to purchase MatrixOne

06.03.2006

PMC-Sierra buys Agilent storage unit

PMC-Sierra Inc. last week completed its $425 million acquisition of the storage semiconductor business of Agilent Technologies Inc. The division makes components for Fibre Channel storage systems, including its Tachyon brand of Fibre Channel controllers. The acquired unit employs about 240 people and operates design centers in Santa Clara and Roseville, Calif., and Singapore.