Symbios Logic

Symbios Logic Inc.

Company type	Subsidiary (former division)
Industry	Computer hardware
Predecessor	NCR Microelectronics division
Founded	1972
Defunct	2001
Fate	Acquired by LSI Logic in 1998; merged into LSI Logic Storage Systems in 2001
Headquarters	Fort Collins, Colorado , United States
Owner	Hyundai Electronics (1995–1998), LSI Logic (1998–2001)

Symbios Logic Inc. specialized in producing SCSI host adapter chipsets as well as disk array storage subsystem solutions.

Background

The company originated in 1972 as the NCR Microelectronics division within NCR Corporation. Following NCR's acquisition in 1991, it became a segment of AT&T Corporation.

History

In 1995, the division was divested by AT&T to Hyundai Electronics (which later took the name Hynix), and subsequently rebranded as Symbios Logic. By July 1998, Hyundai divested Symbios—then headquartered in Fort Collins, Colorado—to LSI Logic for a cash transaction amounting to $760 million.

Post acquisition

After LSI acquired Syntax Systems in November 2000, the two entities were consolidated under LSI Logic Storage Systems by August 2001. The subsidiary was renamed Engenio Information Technologies, Inc. in 2004 and pursued an initial public offering on February 19 of that year. Led by CEO Thomas Georgens and based in Milpitas, California, Engenio later retracted its IPO plans in August 2004.

On March 9, 2011, LSI declared the divestment of its Engenio storage division to NetApp for $480 million in cash. This business unit had reported revenues of $705 million during 2010. The transaction was finalized in May of the same year.