Intel to buy NetEffect for US$8m

 

Intel has agreed to acquire networking specialist NetEffect for US$8m.

The deal will give Intel full control over the assets and intellectual property of NetEffect, which specialises in adaptors for networking systems.

The company will retain all of its staff and continue to operate out of its Texas headquarters.

NetEffect's products enable servers to link with 1Gb and 10Gb Ethernet connections. The company also produces iWARP, an Ethernet system designed as an alternative to Infiniband networks.

Intel plans to use the acquisition to kickstart a line of network interface cards for servers and cluster systems.

"NetEffect's role as a data communications solution provider and the company's technology will enhance Intel's current Ethernet efforts," said Tom Swinford, general manager of Intel's LAN Access Division.

"The combination of Intel and NetEffect technology will allow Intel to address our customers' most important 10Gb Ethernet needs, including server virtualisation, convergence of network and storage traffic, and server compute clusters."

Copyright ©v3.co.uk


Intel to buy NetEffect for US$8m
 
 
 
Top Stories
Beyond ACORN: Cracking the infosec skills nut
[Blog post] Could the Government's cybercrime focus be a catalyst for change?
 
The iTnews Benchmark Awards
Meet the best of the best.
 
Telstra hands over copper, HFC in new $11bn NBN deal
Value of 2011 deal remains intact.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Who do you trust most to protect your private data?







   |   View results
Your bank
  39%
 
Your insurance company
  4%
 
A technology company (Google, Facebook et al)
  8%
 
Your telco, ISP or utility
  8%
 
A retailer (Coles, Woolworths et al)
  2%
 
A Federal Government agency (ATO, Centrelink etc)
  19%
 
An Australian law enforcement agency (AFP, ASIO et al)
  14%
 
A State Government agency (Health dept, etc)
  6%
TOTAL VOTES: 1840

Vote
Do you support the abolition of the Office of the Information Commissioner?