Emulex Named 10Gb Ethernet LOM Market Leader
Emulex the Only Vendor with Four Straight Quarters of Market Share Growth
COSTA MESA, Calif., May 24, 2011 – Emulex Corporation (NYSE: ELX), the leader in converged networking solutions, today announced that it has been recognized as the leader in 10Gb Ethernet (10GbE) LOM revenue according to Crehan Research and the Dell'Oro Group.
Overall, Emulex is the only vendor with four straight quarters of market share growth according to the Crehan Research's Q1 2011 Server-class Adapter and LOM market share report. Additionally, Emulex has expanded 10GbE market share three times faster than the overall market based on the same quarter year-over-year, according to the Crehan Research's Q1 2011 Server-class Adapter and LOM market share report and the Dell'Oro Group's Q1 2011 Network Controller and Adapter report. Emulex gained more than 1.8% market share in total 10GbE adapters (which includes Fibre Channel over Ethernet, Network Interface Cards, and iSCSI adapters) + LOMs, according to both Crehan Research and the Dell'Oro Group.
"Our performance and growth this quarter again surpasses our competitors in nearly all segments of the 10GbE market. This growth continues to validate our market strategy, product roadmap, and innovative business model that is driving 10GbE and network convergence adoption," said Shaun Walsh, vice president of marketing, Emulex. "There's no doubt that the 10GbE market is moving from the first wave of adoption around blades and virtual fabrics and into a second and larger wave of adoption led by storage and rack server systems."
Emulex's leadership gains are due to the ongoing shipments of Emulex OneConnect™ 10GbE Universal Converged Network Adapters and Universal LOMs this quarter by key server and storage OEMs, and the company's server-centric view of the market as a pillar to the transition to converged networks in the data center.
"The 10GbE and LOM port shipments we've seen this quarter indicates that this market is on the rise as a tangible, viable technology for organizations looking to simplify their data centers and ensure OPEX and CAPEX savings," said Seamus Crehan, president, Crehan Research. "We estimate 10GbE connectivity will have a CAGR above 70% in the next five years, with more 10GbE connections than 1GbE connections by 2013."
Read the Market Mantras blog post "The Second Wave of 10GbE."
To learn more about Emulex, please visit: www.emulex.com
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Emulex, the leader in converged networking solutions, provides enterprise-class connectivity for servers, networks and storage devices within the data center. The Company's product portfolio of Fibre Channel host bus adapters, network interface cards, converged network adapters, encryption solutions, controllers, embedded bridges and switches, and connectivity management software are proven, tested and trusted by the world's largest and most demanding IT environments. Emulex solutions are used and offered by the industry's leading server and storage OEMs including, Apple, Cisco, Dell, EMC, Fujitsu, Hitachi, Hitachi Data Systems, HP, Huawei, IBM, LSI, Lenovo, NEC, Oracle, NetApp, Samsung and ZTE. Emulex is headquartered in Costa Mesa, Calif., and has offices and research facilities in North America, Asia and Europe. More information about Emulex (NYSE:ELX) is 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 matters, statements concerning Emulex’s acquisition of ServerEngines Corporation, including anticipated benefits expected from the acquisition, expected impact on Emulex’s results of operations and financial condition, and expected market opportunities; Emulex’s business outlook, as well as expectations of other 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 among others, the anticipated benefits of the combined companies may not be achieved, the combined operations may not be successfully integrated in a timely manner, if at all, and other risks inherent in acquisitions of businesses, including unanticipated costs and expenditures, potential changes in relationships with strategic partners, potential contractual or intellectual property issues, and potential accounting charges and write-downs; as well as 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 emergence of new or stronger competitors as a result of consolidation movements in the market; 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 Emulex’s reliance on third-party suppliers. These and other factors that 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, except as required by law, 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.