QLogic

QLogic was created in 1992 after being spun off by Emulex. QLogic's original business was disk controllers. QLogic had its initial public offering in 1994 and was traded on NASDAQ under the symbol QLGC.

Originally located in a Costa Mesa, California building adjacent to Emulex, it competed against its parent company in the market for Fibre Channel controllers for storage area networks.{{Cite news |title= Qlogic Gains Force In Data Transfer |date= July 12, 1999 |work= Chicago Tribune |author= Andrew Pollack |url= https://www.chicagotribune.com/1999/07/12/qlogic-gains-force-in-data-transfer/ |access-date= February 8, 2017 }}

QLogic acquired companies including NetXen.

Integrated circuit designer Silicon Design Resources Inc. based in Austin, Texas, was acquired for about $2 million in 1998.{{Cite news |title= QLogic Acquires Chip Designer, Marketer |date= August 21, 1998 |work= Los Angeles Times |author= Dow Jones |url= https://www.latimes.com/archives/la-xpm-1998-aug-21-fi-15117-story.html |access-date= February 8, 2017 }}

In May 2000, QLogic acquired Fibre Channel switch maker Ancor Communications for about $1.7 billion in stock.{{Cite news |title= Qlogic Plans To Acquire Ancor In Deal Valued At $1.7 Billion |date= May 9, 2000 |work= Chicago Tribune |url= https://www.chicagotribune.com/2000/05/09/qlogic-plans-to-acquire-ancor-in-deal-valued-at-17-billion/ |access-date= February 8, 2017 }}

Little Mountain Group, founded in 1999 and developer of iSCSI technology, was acquired in January 2001 for about $30 million.{{Cite news |title= QLogic Furthers iSCSI with Acquisition of Little Mountain Group |author= Scott Bekker |date= January 24, 2001 |work= Redmond Magazine |url= https://redmondmag.com/articles/2001/01/24/qlogic-furthers-iscsi-with-acquisition-of-little-mountain-group.aspx |access-date= February 9, 2017}}

The compiler company PathScale was acquired for about $109 million in February 2006.{{Cite news |title= QLogic has an Infiniband moment with PathScale buy: $109m Opteron/Xeon play|work= The Register |author= Ashlee Vance |author-link=Ashlee Vance |date= February 18, 2006 |url= https://www.theregister.co.uk/2006/02/18/pathscale_goes_qlogic/ |access-date= February 9, 2017 }}

Silverstorm Technologies, which designed InfiniBand products, was acquired in October 2006 for about $60 million.{{Cite news |title= Qlogic buys Silverstorm Technologies |date= October 4, 2006 |work= The Orange County Register |url= http://www.ocregister.com/articles/qlogic-79337-silverstorm-gaap.html |access-date= February 8, 2017 }}

After attempting to use PathScale for cluster computing over InfiniBand, the compiler business was sold to SiCortex in August 2006.{{Cite news |title= PathScale compiler moves to SiCortex |date= August 2, 2007 |work= Inside HPC |author= Marvyn |url= http://insidehpc.com/2007/08/pathscale-compiler-moves-to-sicortex/ |access-date= February 8, 2017 }}

QLogic was led by chairman H.K. Desai from 1996, who became executive chairman in 2010 until his death in June 2014.{{Cite news |title= QLogic's Desai Dies at 68 |author= Chris Casacchia |work= Orange County Business Journal |date= June 9, 2014 |url= http://www.ocbj.com/news/2014/jun/09/qlogics-desai-dies-68/ |access-date= February 8, 2017 }}

In 2012, the InfiniBand products were sold to Intel for $125 million.{{Cite web|url=https://www.zdnet.com/article/intel-buys-qlogics-infiniband-assets-for-125-million/|archive-url=https://web.archive.org/web/20151028150022/http://www.zdnet.com/article/intel-buys-qlogics-infiniband-assets-for-125-million/|url-status=dead|archive-date=October 28, 2015|title=Intel buys QLogic's InfiniBand assets for $125 million|last=Whittaker|first=Zack|website=ZDNet|language=en|access-date=2019-02-02}}

Simon Biddiscombe became chief executive in November 2010, until resigning in May 2013 after two years of falling revenue.{{Cite news |title= Flailing QLogic's boss gives up CEO, president gigs: That seat on the board? You can have that too... |work= The Register |author= Chris Mellow |date= May 20, 2013 |url= https://www.theregister.co.uk/2013/05/20/qlogic_ceo_gone/ |access-date= February 8, 2017 }}{{Cite web |title= Form 10-K: Annual Report for the Fiscal Year Ending March 31, 2013 |date= May 15, 2013 |publisher= US Securities and Exchange Commission |url= https://www.sec.gov/Archives/edgar/data/918386/000119312513233611/d488985d10k.htm |access-date= February 8, 2017 }}

Prasad Rampalli became chief executive a few months later, until August 2015.

Jean Hu became acting CEO again at that time.{{Cite news |title= QLogic CEO is out, search for successor underway: Prasad Rampalli joins list of ex-execs 'pursuing other opps' |work= The Register |author= Chris Mellow |date= August 22, 2015 |url= https://www.theregister.co.uk/2015/08/22/qlogic_ceo_quits/ |access-date= February 8, 2017 }}

QLogic announced it was being acquired by Cavium in June 2016, for about $1 billion over its balance sheet cash.{{Cite news |title= Cavium buys QLogic in $1.36 billion data center processor deal |work= ZDNet |author= Larry Dignan |date= June 15, 2016 |url= https://www.zdnet.com/article/cavium-buys-qlogic-in-1-36-billion-data-center-processor-deal/ |access-date= February 8, 2017 }}

After the deal closed in August 2016, job cuts were announced.{{Cite news |title= QLogic to cut nearly 70 jobs following Cavium acquisition |date= August 30, 2016 |work= The Orange County Register |author= Hannah Madans |url= http://www.ocregister.com/articles/company-727432-qlogic-cavium.html |access-date= February 8, 2017 }}

It announced it would move to Irvine, California in 2017.

Cavium was acquired by Marvell Technology Group in 2018.{{Cite web|url=https://www.anandtech.com/show/13055/marvell-completes-acquisition-of-cavium-gets-cpu-networking-security-assets|title=Marvell Completes Acquisition of Cavium, Gets CPU, Networking & Security Assets|last=Shilov|first=Anton|website=www.anandtech.com|access-date=2019-09-01}}

The company makes a range of networking products for storage and converged networks. Storage networking products include Fibre Channel caching adapters, Fibre Channel adapters, iSCSI adapters and Fibre Channel switches. Converged network products include Converged Network Adapters and Intelligent Ethernet Adapters.

In 2005, QLogic acquired Troika Networks and storage virtualization products. Later in 2009, it acquired NetXen and Intelligent Ethernet Adapter products. In 2014, QLogic signed a broad technology alliance agreement with Brocade Communications Systems and acquired its fibre channel and converged network adapter business.

{{Reflist}}

• {{Official website|www.qlogic.com}}

{{DEFAULTSORT:QLogic}}

Category:Companies based in Aliso Viejo, California

Category:Companies formerly listed on the Nasdaq

Category:American companies established in 1992

Category:American companies disestablished in 2016

Category:Computer companies established in 1992

Category:Computer companies disestablished in 2016

Category:Defunct computer companies based in California

Category:Defunct computer companies of the United States

Category:Defunct computer hardware companies

Category:Networking companies of the United States

Category:Networking hardware companies

Category:Computer storage companies

Category:1994 initial public offerings

Category:2016 mergers and acquisitions