Product category:
Manufacturing communication infrastructure
News Release from: QLogic
Edited by the Manufacturingtalk Editorial
Team on 21 October 2005
QLogic Acquiring Troika Networks
Virtualisation Platform Enables OEMs to offer Entry Level and Mid-range Solutions
QLogic, the leader in Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches, today announced it is acquiring Troika Networks for $36.5 million in cash Troika acceleration technology will be integrated into entry-level and mid-range QLogic virtualisation platforms that host leading OEM and ISV software solutions
This article was originally published on Manufacturingtalk on 4 Oct 2005 at 8.00am (UK)
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"OEMs are seeing a need for virtualisation solutions tailored to their customer's small and medium enterprises," said H.K Desai, CEO and president of QLogic Corporation.
"To enable OEMs to respond to this need, QLogic will provide virtualisation platforms for OEMs to build high-performance, low-cost solutions with the software of their choice." "We are excited about joining QLogic, the industry leader in storage networking solutions for OEMs," said Bill Terrell, CEO and a founder of Troika.
"There is a tremendous fit with the QLogic team as well as with their product focus." Anthem Venture Partners is the lead investor in Troika and advised Troika on the transaction.
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