Intel to buy NetEffect for $8m

Intel has agreed to acquire networking specialist NetEffect for $8m. The deal will give Intel full control over the assets and intellectual property of NetEffect, which specialises in adaptors for networking systems.

The company will retain all of its staff and continue to operate out of its Texas headquarters.

NetEffect's products enable servers to link with 1Gb and 10Gb Ethernet connections. The company also produces iWARP, an Ethernet system designed as an alternative to Infiniband networks.

Intel plans to use the acquisition to kickstart a line of network interface cards for servers and cluster systems.

"NetEffect's role as a data communications solution provider and the company's technology will enhance Intel's current Ethernet efforts," said Tom Swinford, general manager of Intel's LAN Access Division.

"The combination of Intel and NetEffect technology will allow Intel to address our customers' most important 10Gb Ethernet needs, including server virtualisation, convergence of network and storage traffic, and server compute clusters."

See also:

NComputing undercuts OLPC and Intel

Firm will supply virtual desktops to 1.8 million Indian students  14 Oct 2008

Intel says slowdown won't harm technology

Full speed ahead on new chip design, confirms Otellini  15 Oct 2008

AMD off the hook in graphics case

DoJ ends antitrust probe  14 Oct 2008

Micron cuts 15 per cent of staff

Chipmaker closes factory and announces round of layoffs  10 Oct 2008

Intel claims big bucks from low-power chips

Company says Core line saving $2bn  25 Sep 2008

Like this story? Spread the news by clicking below:

 del.icio.us     Digg this     reddit!