10GBase-T acquisition: Aquantia buys PLX
Acquiring company adds Cisco, Intel and Arista Networks to its customer portfolio for 10GBase-T integrated circuits.
10GBase-T integrated-circuit provider Aquantia has signed an agreement to acquire the 10GBase-T assets of PLX Technology, including products and patent portfolios. PLX counts Cisco, Intel and Arista Networks among its 10GBase-T customers. "As a result of this acquisition, Aquantia's combined list of customers is larger than all its competitors combined," Aquantia said when announcing the deal.
The company also explained that PLX's 10GBase-T assets were built from its acquisition of Teranetics in October 2010. "A significant number of PLX's engineers will join Aquantia, conjointly with the closing of the transaction," the Aquantia statement said.
PLX's president and chief executive officer Ralph Schmitt said, "Aquantia is the best home for this business. They are the leader in this space and will seamlessly support our customer base while offering a compelling product roadmap for the future."
Aquantia president and CEO Faraj Aalaei said the 10GBase-T market "is witnessing a tremendous uptick in its adoption in large-scale data centers following the launch of the Romley server platform in March. A broad base of server OEMs have begun shipping products with LAN-on-motherboard [LOM] and other form factors, while most switch platforms are shipping very high density 10GBase-T interfaces."
You may be interested in this article: 10GBase-T Equipment Availability and the Future of Copper Media, co-authored by PLX's vice president Ron Cates and The Siemon Company's Valerie Maguire.