COSTA MESA, Calif.--(BUSINESS WIRE)--Emulex Corporation (NYSE: ELX), the leader in converged networking solutions, today announced that it is now virtually tied for the number one market share position in total 10Gb/s Ethernet (10GbE) adapter and Local Area Network on Motherboard (LOM) port shipments and is now ranked second in total 10GbE adapter and LOM revenue market share, based on Crehan Research's Q4 2010 Server-class Adapter and LOM market share report. In addition, based on the Dell'Oro Group's Q4 2010 Network Controller and Adapter report Emulex is the market leader in 10GbE LOM ports. Emulex has had the largest year-over-year revenue market share gain in the rapidly growing 10GbE adapter and LOM market segment
"According to Crehan Research, 10GbE connectivity will have a CAGR above 70% over the next five years, with 10GbE connections surpassing 1GbE connections by 2013," said Seamus Crehan, president, Crehan Research.
In the emerging Fibre Channel over Ethernet (FCoE) network convergence adapter and LOM market, Emulex continues to maintain its lead in seven of the last eight quarters with now more than 55 percent of the total FCoE adapter and LOM revenue market share, based on Crehan Research's Q4 2010 Q4 2010 Server-class Adapter and LOM market share report.
Emulex's leadership gains are due to the increasing ramp in server and storage Original Equipment Manufacturer (OEM) shipments of the company's broad portfolio of OneConnect™ 10GbE, Internet Small Computer System Interface (iSCSI) and FCoE Universal Converged Network Adapters (UCNAs) and Universal LOMs.
In addition to its success in the 10GbE and FCoE network convergence markets, Emulex continued to also gain revenue market share in the Fibre Channel adapter market, capturing nearly 40 percent of the overall Fibre Channel adapter revenue market, based on the Dell’Oro Group’s Q4 2010 Storage Area Network (SAN) report, with the majority of the gain being attributed to strong x86 server associated adapter sales.
“Calendar year 2010 was a great year for Emulex, demonstrating that our 10GbE-first strategy is paying off in market share gains for our I/O connectivity products across the board,” said Shaun Walsh, vice president of marketing, Emulex. “This strategy has allowed Emulex to compete successfully in its newest market segments and turned the tide with year-over-year market share gains in its traditional Fibre Channel adapter market."
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Emulex is the leader in converged networking solutions for the data center. Our Connectivity Continuum architecture provides intelligent networking services that transition today's infrastructure into tomorrow's unified network ecosystem. Emulex provides a single framework that intelligently connects every server, network and storage device within the data center. Through strategic collaboration and integrated partner solutions, Emulex provides its customers with industry leading business value, operational flexibility and strategic advantage. Emulex is listed on the New York Stock Exchange (NYSE:ELX) and has corporate headquarters in Costa Mesa, California. News releases and other information about Emulex Corporation are available at www.emulex.com.
Emulex Safe Harbor Statement
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. These forward-looking statements include, among other matters, statements concerning Emulex’s acquisition of ServerEngines Corporation, including anticipated benefits expected from the acquisition, expected impact on Emulex’s results of operations and financial condition, and expected market opportunities; Emulex’s business outlook, as well as expectations of other future events and future performance. Emulex wishes to caution readers that a number of significant factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include among others, the anticipated benefits of the combined companies may not be achieved, the combined operations may not be successfully integrated in a timely manner, if at all, and other risks inherent in acquisitions of businesses, including unanticipated costs and expenditures, potential changes in relationships with strategic partners, potential contractual or intellectual property issues, and potential accounting charges and write-downs; as well as changes in economic and industry conditions and the effects of ongoing global economic uncertainty, changes in end user demand for technology solutions; the effect of any actual or potential unsolicited offers to acquire Emulex; Emulex’s dependence on a limited number of customers and the effects of the loss of, or decrease or delays in orders by, any such customers, or the failure of such customers to make payments; the emergence of new or stronger competitors as a result of consolidation movements in the market; the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products and enhancements by competitors; the effect of rapid migration of customers towards newer, lower cost product platforms; slower than expected growth of the storage networking market or the failure of Emulex’s Original Equipment Manufacturer (“OEM”) customers to successfully incorporate Emulex products into their systems; delays in product development; the highly competitive nature of the markets for Emulex’s products; Emulex’s ability to gain market acceptance for its products; any inadequacy of Emulex’s intellectual property protection or the potential for third-party claims of infringement; Emulex’s ability to attract and retain skilled personnel; and Emulex’s reliance on third-party suppliers. These and other factors that could cause actual results to differ materially from those in the forward-looking statements are also discussed in Emulex’s filings with the Securities and Exchange Commission, including its recent filings on Forms 8-K, 10-K and 10-Q. Statements in this release are based on current expectations and, except as required by law, Emulex undertakes no obligation to revise or update any forward-looking statements for any reason. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.