Cavium, a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, announced that it has completed its acquisition of QLogic, a leading supplier of high performance networking infrastructure solutions. The deal is worth $1.36 billion.
Qlogic’s Fibre Channel and Ethernet controllers and boards is highly complementary to Cavium’s extensive portfolio of networking, compute, and security solutions. The combination enables Cavium to offer a complete end-to-end offering to customers in Enterprise, Cloud, Data Center, Storage, Telco and Networking markets.
Cavium said chipmakers and component vendors are increasingly getting together to try to build scale that will help them deal with rising costs of new product development and a narrowing customer base.
