Qlogic Corp (QLGC) (35.64 +0.77)QLOGIC CORP. said it will sell its hard disk drive controller and tape drive controller business to MARVELL TECHNOLOGY GROUP LTD. for $225 million. QLogic's board also authorized the buyback of up to $350 million of the company's common stock, it said in a statement.(Reuters 04:11 PM ET 08/29/2005)tnk4800
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