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Emulex Gains Market Share in Fibre Channel Adapter Market and Benefits from 8Gb/s Fibre Channel Transition
Company Gains Almost Three Percent Fibre Channel Adapter Revenue Market Share Over Its Nearest Competitor
COSTA MESA, Calif., August 13, 2010 - Emulex Corporation (NYSE:ELX) today announced that it has gained market share across the entire Fibre Channel adapter market, including total revenue, total port, standup cards and mezzanine Host Bust Adapters (HBAs) according to the Dell'Oro Group. Most importantly, Emulex gained share in the 8Gb/s Fibre Channel transition this quarter. All of these gains lead to Emulex gaining almost three percent of Fibre Channel adapter revenue market share against its nearest competitor.
"These gains are due to the company's successful market execution and the accelerated adoption of 8Gb/s Fibre Channel," said Steve Daheb, chief marketing officer and vice president of business development, Emulex. "Continued data center consolidation through virtualization and blade servers is what's driving the adoption of 8Gb/s Fibre Channel to support the ever-growing need for greater performance and scalability."
Emulex LightPulse® Host Bus Adapters (HBAs) are built for the most demanding enterprises and have achieved broad market acceptance with over seven million ports shipped worldwide to date.
To learn more about Emulex, please visit: www.emulex.com
Follow Emulex on Twitter: www.twitter.com/emulex
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.
VMware and VMware vSphere are registered trademarks and/or trademarks of VMware, Inc. in the United States and/or other jurisdictions. The use of the word “partner” or “partnership” does not imply a legal partnership relationship between VMware and any other company. .
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.
