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CBS MarketWatch: VA Linux to buy two private firms

Mar 16, 2000, 01:21 (0 Talkback[s])
(Other stories by Mike Tarsala)

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"Server-computer maker VA Linux Systems on Wednesday said it has agreed to buy two privately held companies: San Diego-based TruSolutions and Santa Clara, Calif.-based NetAttach."

"TruSolutions, with expertise in designing low-cost Linux-based servers that stack in racks, will be bought for a combination of cash and stock worth about $194 million, the companies said..."

"NetAttach, which has developed Linux-based storage technology, will get $29.2 million in stock and about $10 million in cash."

Complete story.

Related Story:
BW: VA Linux Systems to Acquire TruSolutions and NetAttach (Mar 16, 2000)