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Emulex Gains Three Percent in Overall Fibre Channel HBA Market Share According to Dell'Oro Group
Dell'Oro Group Reports Emulex Has Gained Market Share Over its Nearest Competitor in Two of the Last Three Quarters
COSTA MESA, Calif., August 13, 2009 - Emulex Corporation (NYSE:ELX) today announced that it has captured over three percentage points of revenue over its nearest competitor in the total Fibre Channel Host Bus Adapter (HBA) market during the second quarter of 2009. Dell'Oro Group has reported Emulex has gained cumulative market share over the last nine months.
Emulex continues to gain market share in the 4Gb/s Fibre Channel HBA market and has narrowed the gap between itself and its nearest competitor by seven percent in the 8Gb/s Fibre Channel HBA market. According to Dell'Oro Group's Q2 2009 SAN report, Emulex gained market share in every category that the Dell'Oro Group tracks, including total Fibre Channel HBA revenue, standalone adapter revenue, mezzanine card revenue, total ports, standalone adapter ports and mezzanine card ports, which excludes chip revenue, exceeding the overall growth rate of its nearest competitor.
"We continue to gain share in the existing 4Gb/s Fibre Channel HBA market, we're closing the market share gap in the 8Gb/s Fibre Channel transition and we're experiencing rapid growth in the next generation 10Gb/s Fibre Channel over Ethernet (FCoE) Converged Network Adapter (CNA) market," said Steve Daheb, chief marketing officer and senior vice president of business development, Emulex. "We are accelerating our leadership in the market as represented by the share gains we've achieved in every key segment in two out of the last three quarters."
To learn more about Emulex, please visit: www.emulex.com
About Emulex
Emulex is the leader in converged networking solutions for the data center. Our Connectivity Continuum architecture provides intelligent networking services that transition today's infrastructure into tomorrow's unified network ecosystem. Emulex provides a single framework that intelligently connects every server, network and storage device within the data center. Through strategic collaboration and integrated partner solutions, Emulex provides its customers with industry leading business value, operational flexibility and strategic advantage. Emulex is listed on the New York Stock Exchange (NYSE:ELX) and has corporate headquarters in Costa Mesa, California. News releases and other information about Emulex Corporation are available at www.emulex.com.
Emulex 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 include forward-looking statements that involve risk and uncertainties. These forward-looking statements include, among other things, statements regarding future events and future performance. Emulex wishes to caution readers that a number of significant factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include changes in economic and industry conditions and the effects of ongoing global economic uncertainty, changes in end user demand for technology solutions; the effect of any actual or potential unsolicited offers to acquire Emulex; Emulex’s dependence on a limited number of customers and the effects of the loss of, or decrease or delays in orders by, any such customers, or the failure of such customers to make payments; the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products and enhancements by competitors; the effect of rapid migration of customers towards newer, lower cost product platforms; slower than expected growth of the storage networking market or the failure of Emulex's Original Equipment Manufacturer (“OEM”) customers to successfully incorporate Emulex products into their systems; delays in product development; the highly competitive nature of the markets for Emulex’s products; Emulex’s ability to gain market acceptance for its products; any inadequacy of Emulex’s intellectual property protection or the potential for third-party claims of infringement; Emulex's ability to attract and retain skilled personnel; and the Emulex's reliance on third-party suppliers. These and other factors which could cause actual results to differ materially from those in the forward-looking statements are also discussed in Emulex’s filings with the Securities and Exchange Commission, including its recent filings on Forms 8-K, 10-K and 10-Q. Statements in this release are based on current expectations and Emulex undertakes no obligation to revise or update any forward-looking statements for any reason. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.
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