Latest Reports From Dell'Oro Group and Crehan Research Reaffirm Revenue Share Gains During Second Quarter of Calendar Year 2012
ALISO VIEJO, Calif., Aug. 28, 2012 (GLOBE NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC) today announced that the latest research from Dell'Oro Group and Crehan Research confirms that QLogic gained global market share in the 10Gb Fibre Channel over Ethernet (FCoE) adapter market for the second quarter of calendar year 2012, increasing the company's presence in the 10Gb Ethernet (10GbE) market.
According to the Q2 2012 Ethernet adapter market share reports from both Dell'Oro and Crehan Research, QLogic led its nearest competitor by more than 18 percentage points in non-captive revenue share of FCoE adapters for the quarter ending June 30. The company attributes the growth to the increasing availability of 10GbE solutions and Intel Xeon Processor E5-2600-based (formerly known as Romley) servers, and strong preference for the QLogic® driver stack.
"The ecosystem of 10Gb Ethernet solutions and Intel Xeon Processor E5-2600-based servers is rapidly permeating the marketplace, and that trend is driving up the attach-rate for QLogic 10GbE FCoE adapters," said Amit Vashi, vice president of marketing, Host Solutions Group, QLogic. "These share gains reported by Dell'Oro and Crehan serve as evidence that customers prefer the QLogic brand because of our battle-tested, widely adopted software stack, which makes it easy for customers to migrate seamlessly to these next-generation platforms."
QLogic 8200 Series FCoE Adapters -- 10GbE Performance with Flexibility
By delivering 10GbE performance with low CPU utilization, the QLogic 8200 Series excels in virtualized environments, utilizing QLogic's unique flexible networking technologies including:
Concurrent protocol processing services including FCoE, TCP/IP and iSCSI
Multiple protocol offload services
Switch Independent Partitioning
QLogic 8200 Series 10GbE adapters offer ultra-low CPU utilization, freeing up server cycles for business-critical applications and the increased mobility of VMs. QLogic 8200 Series adapters are fully interoperable with all existing LAN, NAS and SAN environments and support nearly every hypervisor, operating system and boot environment. The entire QLogic 8200 Series portfolio is fully integrated in Dell System Management tools such as Dell Lifecycle Controller. Users can also manage the portfolio using the QConvergeConsole™, which provides multi-platform, single-pane-of-glass management of FCoE, iSCSI and TCP/IP protocols for ease-of-administration and converged network deployment.
QLogic maximizes performance for Intel Xeon processor E5-2600-based servers
Intel's new Xeon processor E5-2600 product family provides up to an 80 percent performance boost over previous generation products. QLogic Fibre Channel, 10Gb Ethernet and 10Gb converged networking adapters are designed to balance the high compute density of servers based on the Intel Xeon processor E5-2600 product family by delivering enterprise I/O performance and reliability. By delivering full hardware offload, QLogic adapters provide significant performance benefits and remove the protocol processing burden from the CPU, conserving precious CPU cycles for applications and services and maximizing server virtualization ratios. Qualified and sold by all major OEMs and more than 150 certification partners, QLogic network adapters leverage the company's 15 years of enterprise experience and worldwide reach, ensuring the highest degree of product interoperability.
For additional information about the Dell'Oro Group report, visit: www.delloro.com. For additional information about the Crehan report, visit www.crehanresearch.com.
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QLogic—the Ultimate in Performance
QLogic (Nasdaq:QLGC) is a global leader and technology innovator in high performance networking, including adapters, switches and ASICs. Leading OEMs and channel partners worldwide rely on QLogic products for their data, storage and server networking solutions. For more information, visit www.qlogic.com.
Disclaimer – Forward-Looking Statements
This press release contains statements relating to future results of the company (including certain beliefs and projections regarding business and market trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected or implied in the forward-looking statements. The company advises readers that these potential risks and uncertainties include, but are not limited to: unfavorable economic conditions; potential fluctuations in operating results; gross margins that may vary over time; the stock price of the company may be volatile; the company's dependence on the networking markets served; the ability to maintain and gain market or industry acceptance of the company's products; the company's dependence on a small number of customers; the company's ability to compete effectively with other companies; the complexity of the company's products; declining average unit sales prices of comparable products; the company's dependence on sole source and limited source suppliers; the company's dependence on relationships with certain third-party subcontractors and contract manufacturers; the ability to attract and retain key personnel; sales fluctuations arising from customer transitions to new products; seasonal fluctuations and uneven sales patterns in orders from customers; a reduction in sales efforts by current distributors; changes in the company's tax provisions or adverse outcomes resulting from examination of its income tax returns; international economic, currency, regulatory, political and other risks; facilities of the company and its suppliers and customers are located in areas subject to natural disasters; the ability to protect proprietary rights; the ability to satisfactorily resolve any infringement claims; uncertain benefits from strategic business combinations, acquisitions and divestitures; declines in the market value of the company's marketable securities; changes in and compliance with regulations; difficulties in transitioning to smaller geometry process technologies; the use of "open source" software in the company's products; security system risks, data protection breaches and cyber-attacks; and issues related to the upgrade of the company's enterprise resource planning system.
More detailed information on these and additional factors which could affect the company's operating and financial results are described in the company's Forms 10-K, 10-Q and other reports filed, or to be filed, with the Securities and Exchange Commission. The company urges all interested parties to read these reports to gain a better understanding of the business and other risks that the company faces. The forward-looking statements contained in this press release are made only as of the date hereof, and the company does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
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