Emulex has announced its acquisition of Endace for $130m in cash.
Founded in New Zealand, Endace specialises in network performance management, providing both software tools and network appliances to monitor and analyse switching traffic.
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Emulex hopes that by incorporating the New Zealand firm’s technology into packages with its software-defined architectures, it can offer a stronger solution for companies needing high-performance networks for speeds of 10Gbps or more.
“This acquisition provides Emulex with a strategic entry point into the network performance management space at a disruptive point in time, as speeds move to 10Gbps, making network visibility from end to end a critical requirement in a converged network environment,” said Jim McCluney, CEO of Emulex.
“Acquiring Endace aligns with our software-defined convergence strategy, doubles our total addressable market and places Emulex in another high-margin, high-growth market,” he said.
Mike Riley, CEO of Endace, added to McCluney’s positive comments, saying his staff were “excited to be joining forces” with Emulex, which would give them a more global platform for its products.
The deal is expected to close in March 2013.