PMC-Sierra Announces RAID Development Agreement with IBM.Joint Technology Development Accelerates PMC-Sierra's RAID Product Solutions for the Enterprise Server and Storage Markets SANTA CLARA, Calif. -- PMC-Sierra, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PMCS PMCS PMC Sierra (stock symbol) PMCS Project Management Control System PMCS partial mission-capable, supply (US DoD) PMCS Preventive Maintenance Checks & Services PMCS Professional Military Comptroller School ) today announced a multi-year joint development agreement with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) (NYSE NYSE See: New York Stock Exchange :IBM) for RAID technology. Building on PMC-Sierra's industry-leading 6Gbit/s SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System. and 8Gbit/s Fibre Channel storage protocol controller family and IBM's extensive RAID technology, this agreement is expected to accelerate the development and industry availability of innovative RAID chipset and software solutions, enabling the next generation of enterprise server and storage system designs. "PMC-Sierra is committed to providing our customers with innovative, industry-leading storage chipset solutions," said Bob Bailey, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of PMC-Sierra. "Our joint technology development program with IBM combines the strengths of two industry leaders to accelerate RAID product solutions for broad customer and industry benefit." "IBM continues to expand the scope of its successful innovation network strategy and develop new initiatives for collaborative R&D," said Bernard Meyerson, IBM Fellow and Vice President of Strategic Alliances. "We are pleased to have PMC-Sierra as a RAID technology development partner and member of IBM's innovation network." About PMC-Sierra's Storage Products PMC-Sierra is a leading provider of enterprise storage system solutions for networked (SAN/NAS) and server storage applications, with a broad portfolio of Fibre Channel and SAS/SATA protocol controllers, encryption protocol controllers, RAID controllers and disk interconnect products. PMC-Sierra's Tachyon tachyon (tăk`ēŏn'), hypothetical elementary particle that travels only at speeds exceeding that of light. According to the theory of relativity, the speed of light is the limiting velocity for all ordinary material particles. [R] protocol controllers, Fibre Channel loop switches, enclosure management controllers and maxSAS[TM] expander switches and multiplexers provide the most comprehensive solution for enterprise-class storage systems. Together, these products are providing end-to-end semiconductor and software solutions to the industry's leading storage OEMs and ODMs. For more information, visit http://www.pmc-sierra.com/storage. About IBM For more information about IBM visit http://www.ibm.com. About PMC-Sierra PMC-Sierra(TM) is a leading provider of broadband communications and storage semiconductors for metro, access, fiber to the home, wireless infrastructure, storage, laser printers, and fiber access gateway equipment. PMC-Sierra offers worldwide technical and sales support, including a network of offices throughout North America, Europe, Israel and Asia. The company is publicly traded on the NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the PMCS symbol. For more information, visit www.pmc-sierra.com. (c) Copyright PMC-Sierra, Inc. 2008. All rights reserved. PMC (1) See Portable Media Center. (2) (PCI Mezzanine Card) A PCI-based mezzanine card that is widely adapted to VMEbus, CompactPCI and PCI cards. and Tachyon are registered trademarks of PMC-Sierra, Inc. in the United States and other countries. PMC-SIERRA, PMCS, maxSAS and "Enabling connectivity. Empowering people." are trademarks of PMC-Sierra, Inc. Other product and company names mentioned herein may be trademarks of their respective owners. |
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