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Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?

To: J Fieb who wrote (2529)	1/8/2001 9:07:16 AM
From: J Fieb	Respond to of 4808

BRCM decides that I/O is the place to be.... Any help on this? Validation of QLGC biz model? Can BRCM muscle in on I/O? Monday January 8, 8:21 am Eastern Time Press Release Broadcom to Acquire ServerWorks, A Leading Supplier of High-Performance SystemI/O Solutions for Server and Storage Platforms, Network Appliances and Workstations IRVINE and SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 8, 2001-- Direct Access to the CPU and Memory Subsystem Bandwidth Will Enable Broadcom to Deliver Connectivity Solutions That Significantly Improve Internet and Intranet Response Time for Every User Worldwide Broadcom Corporation (Nasdaq:BRCM - news), the leading provider of integrated circuits enabling broadband communications, today announced that it has signed a definitive agreement to acquire ServerWorks Corp., the world's leading independent supplier of high-performance system input/output (I/O) integrated circuits for servers. ServerWorks' SystemI/O(TM) silicon solutions act as the essential conduits for delivering high-bandwidth data in and out of servers, and coordinating all I/O transactions within the server platform including between external I/O, the main system memory and the CPUs. ............. The addition of ServerWorks' product portfolio and system expertise will enable Broadcom to deploy wire-speed 10 Gigabit per second (Gbps) communications topologies such as InfiniBand, Ethernet and Fibre Channel into server and storage platforms, and expand Broadcom's participation in these markets. 10Gbps is anticipated to be the speed at which local area, wide area and storage area networks converge. ``ServerWorks' impressive customer base, coupled with its aggressive technology roadmap and proven track record, will enable Broadcom to enhance the entire Internet and Intranet infrastructure,'' said Dr. Henry T. Nicholas III, President and CEO of Broadcom. ``This acquisition is very strategic to our mission of delivering end-to-end broadband solutions for higher-speed Internet and e-business connectivity. Broadcom's networking technology in combination with ServerWorks' SystemI/O solutions will alleviate the congestion occurring both to and within the servers and storage devices through which all forms of Internet traffic pass. This has the potential to affect every ''click`` of every Internet user -- worldwide -- by speeding up the response time of endpoint server and storage devices.'' ``The server's job is to provide compute power and storage to many users simultaneously, so the I/O and networking technology are essential elements to assure optimal system performance,'' said Raju Vegesna, President and CEO of ServerWorks. ``The combination of Broadcom and ServerWorks provides a unique opportunity to innovate, integrate, and enable users to unlock the full potential of Intel's high performance processor family.'' Upon completion of the acquisition, Mr. Vegesna will become Vice President and General Manager of Broadcom's ServerWorks Business Unit, which will operate as a wholly-owned Broadcom subsidiary based in Santa Clara. Servers are critical networking devices for the manipulation and storage of data in enterprise networks and overall Internet infrastructures. The explosive growth of the Internet, comprised of millions of interconnected servers and storage devices, has driven a corresponding acceleration in demand for I/O bandwidth. New high-speed networking technologies, such as 10 Gigabit Ethernet, InfiniBand and Fibre Channel, are placing yet higher demands on I/O and memory bandwidth of these systems. Further compounding this problem, all Internet network elements require extremely high reliability and fault tolerance. ..........