Emulex

Short description: Computer peripherals manufacturer

Emulex Corporation

Former headquarters in Costa Mesa, California

Type| Subsidiary of Broadcom Limited

Traded as

| Formerly NYSE: ELX
Industry| Technology
Founded| 1978; 45 years ago (1978)
Defunct| 2015; 8 years ago (2015)
Headquarters|

Costa Mesa, California

United States

Key people

| Bruce C. Edwards
(Executive chairman)
Jeff Benck (CEO)
Revenue|  United States dollar 478.60 million (2013)[1]

Net income

|  −United States dollar 5.21 million (2013)[1]
Total equity| United States dollar 761.8 million (2009)[2]

Number of employees

| More than 1200 (2013)[3]
Website| www.Avagotech.com

Emulex Corporation[4] is a provider of computer network connectivity, monitoring and management hardware and software. The company's I/O connectivity offerings, including its line of Ethernet and Fibre Channel-based connectivity products, are or were used in server and storage products from OEMs, including Cisco, Dell, EMC Corporation, Fujitsu, Hitachi, HP, Huawei, IBM, NetApp, and Oracle Corporation.

## Contents

* 1 History
* 1.1 1979–1999
* 1.2 2000 to present
* 2 See also
* 3 References
* 4 External links

## History

### 1979–1999

Emulex was founded in 1979 by Fred B. Cox "as a supplier of data storage products and data communications equipment for the computer industry."[5] By 1983, Emulex was able to advertise its products as if grocery items: a 2-page spread headlined "One stop shopping for VAX users? Emulex, of course" showed 3 paper bags, each with the Emulex name and logo and each holding a large computer board. One bag also said "Disk Controllers" while the second bag said "Communication Controllers;" the third said "Tape Controllers."[6]

In 1992, Emulex spun off what became QLogic.[7]

Much of Emulex's early market was for Digital Equipment Corporation's VAX and PDP-11 systems.[8] Computer History Museum's collections include an Emulex disk drive.[9]

### 2000 to present

Headquartered in Costa Mesa, California, Emulex employed more than 1200 people in 2013. In 2000, Emulex acquired Giganet for $645 million,[10] and in 2013 acquired Endace, based in New Zealand. On April 21, 2009, Broadcom made a proposal to the Emulex board of directors to buy all existing shares of Emulex for $764 million, or $9.25 per share, a 40% premium over the stock's closing price on April 20, 2009.[11][12] After Emulex's board of directors recommended against the sale, Broadcom increased their offer to $11 per share on June 30, which valued the company at $925 million.[13] On July 9, 2009, it too was rejected[14] Broadcom subsequently withdrew its offer.[15]

In February 2015, Avago Technologies Limited announced it would acquire Emulex for $8 per share, in cash.[16] Avago, a spinoff of Hewlett Packard, merged with Broadcom in May of that year.[17][18] Avago assumed the Broadcom name.[16][19]

## See also

* Emulex hoax

## References

1. ↑ 1.0 1.1 "Form 10-K". Emulex Inc., United States Securities and Exchange Commission. 2008-08-20. https://www.sec.gov/Archives/edgar/data/350917/000095013408015504/a43080e10vk.htm. Retrieved 2018-05-16. "For the fiscal year ended: July 29, 2008"
2. ↑ ELX: Key Statistics for Emulex INC – Yahoo! Finance
3. ↑ "Corporate Fact Sheet". June 3, 2008. p. 1. http://www.emulex.com/artifacts/21a4291a-9066-4ee2-b070-94c2bba0e0a4/facts.pdf. Retrieved 2009-02-22.
4. ↑ "Emulex Corporation". New York Times. https://www.nytimes.com/topic/company/emulex-corporation.
5. ↑ Cristina Lee (June 30, 1990). "Emulex Corp. Founder to Give Up His Job as Firm's Chief Executive". Los Angeles Times.
6. ↑ "One stop shopping for VAX users? Emulex, of course". The DEC Professional: 36–37. November 1983.
7. ↑ Andrew Pollack (July 5, 1999). "In Data Linkage, It's Spinoff vs. Parent". New York Times. https://archive.nytimes.com/www.nytimes.com/library/tech/99/07/biztech/articles/05fibr.html.
8. ↑ B. Kridle (July 27, 1983). "Performance Effects of Disk Subsystem Choices for VAX Systems". https://docs.freebsd.org/44doc/papers/diskperf.pdf. "Emulex's entry into the VAX 11/780 SBI controller field ..."
9. ↑ EMULEX disc drive. http://www.computerhistory.org/collections/accession/102735730.
10. ↑ "Emulex Acquires Giganet for $645 million". EE Times. https://www.eetimes.com/document.asp?doc_id=1127751.
11. ↑ "Broadcom Makes $764 Million Hostile Bid for Emulex". New York Times. April 22, 2009. https://dealbook.nytimes.com/2009/04/22/broadcom-launches-764-million-hostile-bid-for-emulex.
12. ↑ "Newsroom" (in en). https://www.broadcom.com/company/news.
13. ↑ "Broadcom (BRCM) Raises Offer for Emulex (ELX) to $11". http://www.streetinsider.com/Mergers+and+Acquisitions/Broadcom+(BRCM)+Raises+Offer+for+Emulex+(ELX)+to+$11/4762361.html.
14. ↑ "Emulex Board Unanimously Rejects Broadcom's $11.00 Per Share Offer". http://www.emulex.com/resources/press-releases/2009/list/jul-9-2009-emulex-board-unanimously-rejects-broadcoms-1100-per-share-offer.html.
15. ↑ "Broadcom Drops Takeover Bid for Emulex". https://www.cnbc.com/id/31828742.
16. ↑ 16.0 16.1 "Avago Financial News 2015-02-25". http://www.avagotech.com/pages/news.
17. ↑ Michael J. de la Merced; Chad Bray (May 28, 2015). "Avago Agrees to Buy Broadcom for $37 Billion". New York Times. https://www.nytimes.com/2015/05/29/business/dealbook/avago-agrees-to-acquire-broadcom-for-37-billion.html. "Avago ... born as a component division of Hewlett-Packard"
18. ↑ Mukherjee, Liana B. Baker, Supantha (May 29, 2015). "Avago to buy Broadcom for $37 billion in biggest-ever chip deal" (in en). Reuters. https://www.reuters.com/article/us-broadcom-m-a-avago-correction-idUSKBN0OE28220150529.
19. ↑ avagotech.com redirects to broadcom.com

## External links

* [http://www.avagotech.com AvagoTech.com website (which redirects to broadcomc.com)

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