Intel is acquiring privately held ICP vortex Computersysteme in a cash-for- stock transaction. The Germany-based company is a leader in intelligent storage solutions. Specific terms of the transaction were not disclosed.

ICP vortex's storage solutions will complement Intel's existing business of providing input/output (I/O) building blocks for the networked storage market segment. These products include Intel I/O processors, Intel integrated RAID reference designs, software and controller cards. These solutions are part of the Intel Internet Exchange Architecture, an end-to-end family of high- performance, flexible and scalable hardware and software building blocks enabling faster development, more cost-effective deployment and future upgradability of network and communications systems.

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