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

To: Neil S who wrote (883)	11/11/1998 2:08:00 PM
From: Douglas Nordgren	Read Replies (1) \| Respond to of 4808

TXN Storage Products Division Acquires ADPT SCSI/FC Development eetimes.com Texas Instruments acquires Adaptec chip group By Stephan Ohr EE Times (11/10/98, 3:20 p.m. EDT) TUSTIN, Calif. — Texas Instruments Inc. has acquired what it calls the “high-end technology solutions operation” of Adaptec Corp. (Milpitas, Calif.). The group, located in Irvine, Calif., is developing 1-Gbyte/second and 2.5-Gbytes/s transceivers that connect SCSI drive arrays with Fibre Channel cables in mainframe computing environments. The acquisition also gives TI system simulation software capabilities for disk drives, and gives TI's Storage Products Division (the former Silicon Systems Inc.) additional strength in high-end disk-drive components, said Russ Garcia, vice president of marketing for the division, based here. Though terms of the agreement were not disclosed, an Adaptec spokesman said the company was under pressure to shed operations that would not be profitable in the near term. The company's revenues for the second fiscal quarter ended Sept. 30 were $144 million, down 48 percent from $278 million for the same quarter last year. With various write downs, the company reported a net loss of $24 million, or $0.22 per share. The company needs to “refocus,” said Larry Boucher, interim chief executive officer, in an October 22 statement. The sale of the high-end semiconductor development group to TI is thus seen as part of a broader divestment program that saw the spin off from Adaptec of a satellite network system group and of another storage products program. For its part, TI has a strong cash position. As part of its agreement with Adaptec, TI will license some of Adaptec's other storage interface properties. Approximately 35 people from Adaptec's technical staff will become a part of Texas Instruments' Storage Products Division.

To: Neil S who wrote (883)	11/12/1998 1:12:00 AM
From: Joe Wagner	Read Replies (1) \| Respond to of 4808

LSI Logic and Texas Instruments are smart to be positioning themselves like this. Reading this article makes you wonder what will happen when the Fibre Channel based storage area network is 10 times better than the regular network in speed, flexibility, latency, etc...and the same price. The Fibre Channel snowball is picking up speed and starting to grow. I am waiting to see it like an avalanche coming down the mountain. JW

To: Neil S who wrote (883)	11/12/1998 11:30:00 AM
From: w2j2	Respond to of 4808

From Emulex latest 10 Q: From a product line perspective, net revenues from the Company's fibre channel product line for the first quarter of fiscal 1999, were $5,432, or 39 percent of net revenues, an increase of $257, or 5 percent, versus the first quarter of fiscal 1998. Shipments in this emerging market have continued to be primarily to domestic OEMs. The Company anticipates that future revenue from this product line will be a function of continued demand from OEMs which are currently shipping fibre channel products, launches of new fibre channel based systems by the Company's OEMs, additional design wins and increased distribution sales as this emerging market continues to develop.