|
|
|
|
| Read more articles on: |
|
|
 |
|
COSTA MESA: Emulex Corporation, storage networking connectivity company has acquired Aarohi Communications, a supplier of intelligent data center networking components and software.
The acquisition is expected to provide the critical building blocks for intelligent data center infrastructure solutions, and will further enable Emulex to differentiate and expand its product portfolio to serve two new market segments – 10Gb/s data center networking and intelligent storage platforms.
Emulex estimates the market for data center networking, which includes solutions for intelligent storage I/O, server clustering and high performance data networking, and the market for intelligent storage platform solutions, including storage virtualization, represents a combined incremental total available market for the company of more than $500 million by 2010.
Under the terms of the agreement, Emulex will acquire Aarohi for a transaction value of up to approximately $39 million in cash, contingent consideration, assumed debt and assumed Aarohi stock options, plus employee equity incentive compensation.
Aarohi consists of approximately 72 employees, primarily engineers based in both San Jose, California and Bangalore, India. Emulex also anticipates further expansion of the Bangalore site, and expects it to become one of its major research and development facilities over the next two to three years.
“The acquisition of Aarohi will expand Emulex’s reach in the data center networking arena, which includes 10Gb/s iSCSI, high performance server clustering and the acceleration of Ethernet-based network traffic. This acquisition will also provide Emulex with an industry-leading suite of building blocks for intelligent storage platforms that enable storage virtualization applications and accommodate a variety of advanced storage and networking applications,” said Paul F. Folino, chairman and chief executive officer of Emulex.
“The combined strengths of Emulex and Aarohi will enable a broadened family of intelligent next generation Data Center solutions that span multiple protocols and drive enhanced capabilities into the storage ecosystem,” said Ameesh Divatia, CEO of Aarohi Communications.
|