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Avago to acquire Emulex for USD 606 mln
2015-02-26 08:17:00| Telecompaper Headlines
(Telecompaper) Avago Technologies announced a definitive agreement to acquire Emulex, a provider of integrated circuits for network connectivity, monitoring and management, for USD 606 million. Under the terms of the agreement, which has been approved by the boards of both companies, a subsidiary of Avago will make a bid of USD 8 per share cash for all of Emulex's shares. Avago expects to fund the transaction with cash available on its balance sheet. Avago said that Emulex's connectivity business fits well with Avago's existing portfolio serving the enterprise storage market. Emulex said it should benefit from Avago's capabilities to help accelerate its strategy to support next-generation server and storage architectures. Senior members of the Emulex management team and all of the directors of Emulex, collectively owning approximately 2.5 percent of Emulex's shares, have said they will support the bid. Pending regulatory approval, the takeover is expected to close in the second half of Avago's fiscal year ending 01 November.
Emulex Accelerates Verification Closure with Synopsys Verification IP for Ethernet
2014-07-15 06:00:00| Industrial Newsroom - All News for Today
Native SystemVerilog Ethernet 1G/10G/40G/100G VIP now includes UNH compliance source-code test suite<br /> <br /> MOUNTAIN VIEW, Calif. - Synopsys, Inc. (NASDAQ: SNPS), a global leader providing software, IP and services used to accelerate innovation in chips and electronic systems, today announced that Emulex, a leader in network connectivity, monitoring and management, has adopted Synopsys Verification IP (VIP) for the Ethernet 1G/10G/40G/100G protocol.<br /> <br /> "We adopted Synopsys ...This story is related to the following:Debugging Software |
Tags: ethernet
verification
closure
accelerates
Emulex Corp /de/ Files (8-K) Disclosing Change in Directors or...
2014-01-08 01:25:34| Footwear - Topix.net
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Emulex Delivers Extensive Range of 8/16GFC and 10GbE-based Connectivity Solutions for New HP ...
2013-10-30 06:00:00| Industrial Newsroom - All News for Today
Broadest I/O Connectivity Options Available to Support HP Converged Infrastructure<br /> <br /> COSTA MESA, Calif., -- Emulex Corporation (NYSE:ELX), a leader in network connectivity, monitoring and management, today announced the availability of a broad range of I/O connectivity solutions for the new HP ProLiant Gen8 servers, based on the new Intel® Xeon® processor E5-2600 v2 product family. This next wave of HP ProLiant Gen8 innovations is designed to accelerate performance of virtualized ...This story is related to the following:Computer Hardware and PeripheralsSearch for suppliers of: Ethernet Connectors | Ethernet Adapters | Motherboards
Tags: new
range
solutions
extensive
Emulex and Brocade Advance End-to-End Gen 5 Fibre Channel SAN Capabilities
2013-10-29 06:00:00| Industrial Newsroom - All News for Today
Results Promise to Improve Reliability, Availability and Manageability for Enterprises Leveraging Fibre Channel SANs<br /> <br /> FRANKFURT, Germany and COSTA MESA, Calif. – SNW EUROPE - Emulex Corporation (NYSE: ELX), a leader in network connectivity, monitoring and management, today announced that the company is working with Brocade, (NASDAQ: BRCD), the leader in data center fabric networking solutions, to improve the reliability, availability, and manageability of Gen 5 Fibre Channel ...This story is related to the following:Communication Systems and EquipmentComputer Hardware and PeripheralsSearch for suppliers of: Networks | Bus Adapters | Onboard Diagnostic Computers