Cavium to acquire Xpliant
Cavium announced a definitive agreement to acquire Xpliant for approximately $90 million . Xpliant offers high density switch semiconductor devices for the data center, cloud, service provider and enterprise markets supporting throughput ranging from multi-hundred gigabit to multi-terabit.
“Xpliant as developed a disruptive family of switching silicon solutions for next generation software defined networks,” said Syed Ali, President and CEO, Cavium.
“This product line significantly expands our addressable TAM and will be an exciting addition to our portfolio of solutions for the data center, service provider and enterprise markets. The Xpliant line of products is highly synergistic with Cavium’s existing infrastructure products and will enable Cavium to deliver highly optimized end to end solutions to our customers. We are extremely pleased with the strong customer engagements and traction which are an excellent validation of Xpliant’s technology and products”.