Publication: LAN Product News
Publication Date: 01-JUN-06
Delivery: Immediate Online Access
Author:
Article Excerpt
Solarflare Communications and Level 5 Networks, two leading early stage Ethernet companies, have signed a definitive agreement to merge and raise new funding, increasing the cash balance of the new company to over $50 M. The merger was driven by the common vision shared by the two companies to deliver high-performance, cost-effective, standards-based Ethernet products that enable one network for compute, storage, and network traffic.
The merged company will be called Solarflare Communications and will retain its headquarters in Irvine, Calif., with development centers in Sunnyvale, Calif. and Cambridge, UK. Russell Stern, Solarflare President and CEO, will head the combined company. Stern is enthusiastic and said, "I'm extremely excited about the merger on several fronts. First, our combined products are highly compelling and satisfy end users' needs for easy-to-use, standards-based, high-performance Ethernet solutions. Second,...
NOTE: All illustrations and photos have been removed from this article.
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