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QLogic Launches Industry's First Fibre Channel Adapter for Open Compute Project

January 28, 2014

ALISO VIEJO, Calif., Jan. 28, 2014 (GLOBE NEWSWIRE) -- QLogic (Nasdaq:QLGC), the industry leader in Fibre Channel adapters, today announced the industry's first Fibre Channel adapter specifically designed for use in Open Compute Project (OCP) servers. The QLogic® QOE2562 8Gb Fibre Channel mezzanine adapter brings optimal security, maximum performance and enterprise-class reliability and manageability to OCP data centers. Founded by Facebook in 2011, the OCP is an initiative designed to increase technology efficiencies and reduce the environmental impact of data centers. QLogic Fibre Channel OCP adapters are available with the OCP Certified Quanta STRATOS S215-X1M2Z server and are expected to be available through other partners, as well as qualified QLogic Signature Partners, in April 2014.

"We see an increasing number of customers with Fibre Channel infrastructure who want to adopt Open Compute hardware. The partnership with QLogic allows us to provide secure, reliable Fibre Channel solutions that reduce energy consumption and maximize data center efficiency with Open Compute. Quanta QCT already delivers the industry's best TCO for cloud service providers and enterprises adopting Open Compute, so this partnership is an ideal fit," said Mike Yang, general manager, Quanta QCT.

The OCP is creating a set of technologies that are disaggregated and fully open, allowing for rapid innovation in the data center. The OCP aims to facilitate the development of network hardware and software – together with trusted project validation and testing – in a truly open and collaborative community environment. QLogic is the first Fibre Channel adapter vendor to pass validation and testing to deliver a fully compatible OCP-compliant adapter.

"Investment banking, securities and financial service organizations are requiring scalable, high bandwidth, and low latency connectivity options for storage in OCP operations," said Stu Miniman, principal research contributor, Wikibon. "As they evaluate OCP solutions, users looking for guaranteed and predictable latency from a proven data center network infrastructure now have the option of Fibre Channel for delivering performance and reliability for critical workloads."

"OCP's genesis was in cloud-oriented mega data centers, but OCP servers are now finding their way into the enterprise where Fibre Channel is the storage interconnect of choice," said Vikram Karvat, vice president of marketing, QLogic. "QLogic is the undisputed market share leader in Fibre Channel adapters, and now with our OCP-compliant adapter, we are enabling IT organizations to confidently deploy OCP-based servers with an enterprise-class storage networking solution."

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QLogic – the Ultimate in Performance

QLogic (Nasdaq:QLGC) is a global leader and technology innovator in high performance server and storage networking connectivity products. Leading OEMs and channel partners worldwide rely on QLogic for their server and storage networking solutions. For more information, visit www.qlogic.com.

Disclaimer – Forward-Looking Statements

This press release contains statements relating to future results of the company (including certain beliefs and projections regarding business and market trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected or implied in the forward-looking statements. The company advises readers that these potential risks and uncertainties include, but are not limited to: unfavorable economic conditions; potential fluctuations in operating results; gross margins that may vary over time; the stock price of the company may be volatile; the company's dependence on the networking markets served; the ability to maintain and gain market or industry acceptance of the company's products; the company's dependence on a small number of customers; the company's ability to compete effectively with other companies; the ability to attract and retain key personnel; the complexity of the company's products; declining average unit sales prices of comparable products; the company's dependence on sole source and limited source suppliers; the company's dependence on relationships with certain third-party subcontractors and contract manufacturers; sales fluctuations arising from customer transitions to new products; seasonal fluctuations and uneven sales patterns in orders from customers; a reduction in sales efforts by current distributors; changes in the company's tax provisions or adverse outcomes resulting from examination of its income tax returns; international economic, currency, regulatory, political and other risks; facilities of the company and its suppliers and customers are located in areas subject to natural disasters; the ability to protect proprietary rights; the ability to satisfactorily resolve any infringement claims; uncertain benefits from strategic business combinations, acquisitions and divestitures; declines in the market value of the company's marketable securities; changes in and compliance with regulations; difficulties in transitioning to smaller geometry process technologies; the use of "open source" software in the company's products; system security risks, data protection breaches and cyber-attacks; and the company's ability to borrow under its credit agreement is subject to certain covenants.

More detailed information on these and additional factors which could affect the company's operating and financial results are described in the company's Forms 10-K, 10-Q and other reports filed, or to be filed, with the Securities and Exchange Commission. The company urges all interested parties to read these reports to gain a better understanding of the business and other risks that the company faces. The forward-looking statements contained in this press release are made only as of the date hereof, and the company does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

QLogic and the QLogic logo are registered trademarks of QLogic Corporation. Other trademarks and registered trademarks are the property of the companies with which they are associated.

CONTACT: Media Contact: Steve SturgeonQLogic Corporation 858.472.5669 steve.sturgeon@qlogic.com Investor Contact: Jean HuQLogic Corporation 949.389.7579 jean.hu@qlogic.com

Source: QLogic Corp.


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