COSTA MESA, Calif.--(BUSINESS WIRE)--Emulex Corporation (NYSE:ELX) today announced that it now leads the market in 10Gb Ethernet (10GbE) port market share, with almost 35 percent share, and that it continues to lead the market in 10GbE LAN on Motherboard (LOM) revenue market share, according to the Crehan Research Q3 2011 Server-class Adapter and LOM market share report and the Dell'Oro Group Q3 2011 Network Controller and Adapter report.
Key areas for Emulex market share growth for the quarter including the following:
- #1 in 10GbE Ports: Emulex continues to lead the market in 10GbE-based port market share, which includes adapters and LOMs, with nearly 35 percent share, according to the Dell'Oro Group and Crehan Research.
- #1 in 10GbE LOM Revenue and Ports: Emulex is the undisputed leader in the 10GbE market in the LOM market, with over 40 percent of the revenue market share in Q3, according to the Dell'Oro Group and Crehan Research.
- #1 in Fibre Channel over Ethernet (FCoE) Revenue and Ports: Emulex is the leading non-captive vendor in overall FCoE revenue, with more than 30 percent revenue market share and 80 percent of port shipments, according to Dell’Oro Group and Crehan Research.
- #2 in Overall 10GbE Revenues: Emulex now has 17 percent in revenue share for the overall 10GbE market, according to the Dell'Oro Group and Crehan Research.
- 3 Percent Share Gain over Nearest Competitor in 10GbE Revenue: Emulex gained 3 percent share in total 10GbE-based product revenue market share over its nearest competitor in the third quarter, according to the Dell'Oro Group and Crehan Research.
- 5 Consecutive Quarters of 10GbE Growth: Emulex is the only non-captive vendor to gain share five straight quarters in 10GbE revenue, according to the Dell'Oro Group and Crehan Research.
"Emulex continues to gain share, and close the gap in 10GbE revenue leadership, due to our strong market position with industry leading OEMs and our rapidly expanding global channels for our OneConnect 10GbE Universal Converged Network Adapters and ULOMs," said Shaun Walsh, vice president of marketing, Emulex. "Each quarter, we are building momentum in the fast-growing 10GbE market, that is expected to grow from about $400 million in 2011, to over $1 billion by 2015, according to both the Dell'Oro Group and Crehan Research."
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Emulex, the leader in converged networking solutions, provides enterprise-class connectivity for servers, networks and storage devices within the data center. The Company's product portfolio of Fibre Channel host bus adapters, network interface cards, converged network adapters, controllers, embedded bridges and switches, and connectivity management software are proven, tested and trusted by the world's largest and most demanding IT environments. Emulex solutions are used and offered by the industry's leading server and storage OEMs including, Cisco, Dell, EMC, Fujitsu, Hitachi, Hitachi Data Systems, HP, Huawei, IBM, NEC, NetApp and Oracle. Emulex is headquartered in Costa Mesa, Calif., and has offices and research facilities in North America, Asia and Europe. More information about Emulex (NYSE:ELX) is 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.