SGH completed the acquisition of Stratus Technologies from Siris Capital for $275m.

SMART Global Holdings, a designer and manufacturer of electronic products, completed the acquisition of Stratus Technologies, a provider of simplified, protected, and autonomous computing solutions, from Siris Capital, a private equity firm, for $275m. “This transaction builds upon our successful track record of M&A at SGH. The high-availability and fault-tolerant capabilities of Stratus will expand our IPS offerings in Edge, Core, and Cloud, and will enable us to more comprehensively address our combined customers’ needs. We look forward to welcoming the Stratus team to SGH," Mark Adams, SGH CEO.