Competition
(in millions)
Mcdata Ancor Brocade Inrange
(Jan) (Jan) (Oct) (Jan)
1Q99 $ 13.2 $ 1.5 $ 8.0 $ 24.6
2Q99 21.0 3.6 10.5 26.6
3Q99 22.7 4.0 20.0 25.1
4Q99 38.4 3.8 30.1 24.0
1Q00 47.2 6.9 42.7 23.1
2Q00 56.5 8.5 62.1 26.1
3Q00 - - 92.1 -
Market
Cap ~$8.5+B ~$6.0+B ~$20.5+B IPO
Notes:
Mcdata
- January to December fiscal year
- revenues consist of ESCON service fees, FICON and
FC director switches, SCSI to FC switches, EFC software
- FC director switches introduced in mid-1998.
- per Emulex, major FICON/SAN upgrade cycle will start
in 2H2000.
- per IDC, ESCON/FICON SANs (with FC Director Switches)
will comprise 25% of ALL SAN revenues in 2001.
- per IDC, FC director switches will continue to carry
300% to 500% price premiums over FC switches.
- per IDC, Director switches will account for just 14%
of ports shipped in 2003, but 52% of revenues.
Ancor
- January to December fiscal year
- 8/1/2000 merger with QLogic
- FC switches, FC director switches, software
Brocade
- October to October fiscal year
- FC switches, software,
- ~54% market share of FC switch ASICs,
- NO director switches
- EMC revenues in 3Q00 estimated at $12-15 million
by SSB including $8m in deferred revenues from 2Q00
which was when EMC qualified Brocade and Ancor
switches as part of its second generation FC-based
SAN architecture, which is an evolution from its
first generation ESCON-based SAN architecture:
1) CORE (Connectrix = Mcdata Directors)
2) DISTRIBUTION (QLGC/Brocade departmental switches)
3) ACCESS or EDGE (Ancor/Brocade workgroup switches).
Inrange
- ticker symbol: INRG
- January to December fiscal year
- amounts represent ESCON/FC storage networking
revenues which account for about 50% of Inrange's
total revenues
- ESCON/FC director switches
- ESCON second source used primarily by Hitachi,
but also a supplier to IBM and EMC.
- FC director introduced in April 2000 - $3.7M in
revenues in 2Q2000. |
