COSTA MESA, Calif.--(BUSINESS WIRE)--Emulex Corporation (NYSE:ELX), a leader in network connectivity, monitoring and management, today announced it has joined the OpenPOWER Foundation, which seeks to create an open ecosystem, using the IBM POWER architecture to serve the evolving needs of customers.
“The POWER architecture delivers incredible scalability for emerging Web-scale data centers which require robust computing platforms to support the growing number of connected devices and the demand for hybrid cloud services. We look forward to collaborating with IBM and member companies to spur innovation in the POWER ecosystem,” said Shaun Walsh, senior vice president of marketing and corporate development, Emulex. “Emulex is a leading provider of I/O connectivity solutions for IBM POWER platforms and joining the OpenPOWER Foundation enables Emulex to further improve the functionality and value of the POWER platform, especially as the transition to Gen 5 Fibre Channel and 40Gb Ethernet solutions occurs.”
The OpenPOWER Foundation:
- Opens the POWER architecture to give the industry the ability to innovate across the full hardware and software stack
- Drives an expansion of enterprise-class hardware and software stack for the data center
- Builds a complete ecosystem to provide customers with the flexibility to build servers best suited to the POWER architecture
"Emulex's membership in the OpenPOWER Foundation will further the Foundation's ability to achieve its mission," said Brad McCredie, president, OpenPOWER Foundation. “Given Emulex's decades-long experience in delivering high-performance network connectivity on POWER platforms, we are looking forward to this partnership creating new, innovative solutions for enterprise and emerging Web-scale data centers.”
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About Emulex
Emulex, a leader in network connectivity,
monitoring and management, provides hardware and software solutions for
global networks that support enterprise, cloud, government and
telecommunications. Emulex’s products enable unrivaled end-to-end
application visibility, optimization and acceleration. The Company's I/O
connectivity offerings, including its line of ultra high-performance
Ethernet and Fibre Channel-based connectivity products, have been
designed into server and storage solutions from leading OEMs, including
Cisco, Dell, EMC, Fujitsu, Hitachi, HP, Huawei, IBM, NetApp and Oracle,
and can be found in the data centers of nearly all of the Fortune 1000.
Emulex’s monitoring and management solutions, including its portfolio of
network visibility and recording products, provide organizations with
complete network performance management at speeds up to 100Gb Ethernet.
Emulex is headquartered in Costa Mesa, Calif., and has offices and
research facilities in North America, Asia and Europe. For more
information about Emulex (NYSE:ELX) please visit http://www.Emulex.com.
“Safe Harbor” Statement
"Safe Harbor'' Statement under the
Private Securities Litigation Reform Act of 1995: With the exception of
historical information, the statements set forth above, contain
forward-looking statements that involve risk and uncertainties. We
expressly disclaim any obligation or undertaking to release publicly any
updates or changes to these forward-looking statements that may be made
to reflect any future events or circumstances. We wish to caution
readers that a number of important factors could cause actual results to
differ materially from those in the forward-looking statements. These
factors include the possibility that we may not realize the anticipated
benefits from the acquisition of Endace on a timely basis or at all, and
may be unable to integrate the technology, operations and personnel of
Endace into our existing operations in a timely and efficient manner. In
addition, intellectual property claims, with or without merit, that
could result in costly litigation, cause product shipment delays,
require us to indemnify customers, or require us to enter into royalty
or licensing agreements, which may or may not be available. Furthermore,
we have in the past obtained, and may be required in the future to
obtain, licenses of technology owned by other parties. We cannot be
certain that the necessary licenses will be available or that they can
be obtained on commercially reasonable terms. If we were to fail to
obtain such royalty or licensing agreements in a timely manner and on
reasonable terms, our business, results of operations and financial
condition could be materially adversely affected. Ongoing lawsuits, such
as the action brought by Broadcom Corporation (Broadcom), present
inherent risks, any of which could have a material adverse effect on our
business, financial condition, or results of operations. Such potential
risks include continuing expenses of litigation, loss of patent rights,
monetary damages, injunctions against the sale of products incorporating
the technology in question, counterclaims, attorneys’ fees, incremental
costs associated with product or component redesigns, liabilities to
customers under reimbursement agreements or contractual indemnification
provisions, and diversion of management’s attention from other business
matters. With respect to the continuing Broadcom litigation, such
potential risks also include the adequacy of any sunset period to make
design changes, the ability to implement any design changes, the
availability of customer resources to complete any re-qualification or
re-testing that may be needed, the ability to maintain favorable working
relationships with Emulex suppliers of serializer/deserializer (SerDes)
modules, and the ability to obtain a settlement which does not put us at
a competitive disadvantage. In addition, the fact that the economy
generally, and the technology and storage market segments specifically,
have been in a state of uncertainty makes it difficult to determine if
past experience is a good guide to the future and makes it impossible to
determine if markets will grow or shrink in the short term. Continued
weakness in domestic and worldwide macro-economic conditions, related
disruptions in world credit and equity markets, and the resulting
economic uncertainty for our customers, as well as the storage and
converged networking market as a whole, has and could continue to
adversely affect our revenues and results of operations. As a result of
these uncertainties, we are unable to predict our future results with
any accuracy. Other factors affecting these forward-looking statements
include but are not limited to the following: faster than anticipated
declines in the storage networking market, slower than expected growth
of the converged networking market or the failure of our Original
Equipment Manufacturer (OEM) customers to successfully incorporate our
products into their systems; our dependence on a limited number of
customers and the effects of the loss of, decrease in or delays of
orders by any such customers, or the failure of such customers to make
timely payments; the emergence of new or stronger competitors as a
result of consolidation movements in the market; the timing and market
acceptance of our products or our OEM customers’ new or enhanced
products; costs associated with entry into new areas of the network,
server and storage technology markets; the variability in the level of
our backlog and the variable and seasonal procurement patterns of our
customers; any inadequacy of our intellectual property protection and
the costs of actual or potential third-party claims of infringement and
any related indemnity obligations or adverse judgments; the effect of
any actual or potential unsolicited offers to acquire us; proxy contests
or the activities of activist investors; impairment charges, including
but not limited to goodwill and intangible assets; changes in tax rates
or legislation; the effects of acquisitions; the effects of terrorist
activities, natural disasters, and any resulting disruption in our
supply chain or customer purchasing patterns or any other resulting
economic or political instability; the highly competitive nature of the
markets for our products as well as pricing pressures that may result
from such competitive conditions; the effects of changes in our business
model to separately charge for software; the effect of rapid migration
of customers towards newer, lower cost product platforms; transitions
from board or box level to application specific integrated circuit
(ASIC) solutions for selected applications; a shift in unit product mix
from higher-end to lower-end or mezzanine card products; a faster than
anticipated decrease in the average unit selling prices or an increase
in the manufactured cost of our products; delays in product development;
our reliance on third-party suppliers and subcontractors for components
and assembly; our ability to attract and retain key technical personnel;
our ability to benefit from our research and development activities; our
dependence on international sales and internationally produced products;
changes in accounting standards; and any resulting regulatory changes on
our business. These and other factors could cause actual results to
differ materially from those in the forward-looking statements and are
discussed in our filings with the Securities and Exchange Commission,
including our recent filings on Forms 10-K and 10-Q, under the caption
“Risk Factors.”
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