QLogic Acquires NetXen for 10GigE Datacenter Silicon

QLogic, a supplier of high performance network infrastructure, has acquired NetXen, a start-up specializing in 10 Gigabit Ethernet networking chips for enterprise datacenters for approximately $21 million in cash.


QLogic said the deal provides it with complementary networking products and intellectual property. The acquisition further expands QLogic's expertise in strategic areas of technology and enables the company to better address a wider range of emerging customer requirements for converged networks.
http://www.qlogic.com
http://www.netxen.com