Intel today announced that it has entered into a
definitive agreement with QLogic to acquire the
product lines of and certain assets related to its
According to Intel, a significant number of the
employees associated with this business are expected
to accept offers to join the company.
This acquisition is designed to enhance Intel?s
networking portfolio and provide scalable high-
performance computing (HPC) fabric technology as well
as support the company's vision of innovating on
fabric architectures to achieve ExaFLOP/s performance
by 2018. An ExaFLOP/s is a quintillion computer
operations per second, a hundred times more than
today's fastest supercomputers.
The $125 million deal (cash) is expected to close by
the end of the current quarter pending customary
closing conditions being met.
"At the International Supercomputing Conference 2011,
Intel unveiled a bold vision to redefine HPC
performance and break the Exascale barrier by 2018,"
said Kirk Skaugen, vice president and general manager
of Intel?s Data Center and Connected System Group.
"The technology and expertise from QLogic provide
important assets to provide the scalable system fabric
needed to execute on this vision. Adding QLogic's
InfiniBand product line to our networking portfolio
will bring increased options and exceptional value to
our datacenter customers."