Emulex 10GbE NICs with Advanced Application and Hybrid Cloud Acceleration Enhance HP ProLiant Gen9 Platforms
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Emulex 10GbE NICs with Advanced Application and Hybrid Cloud Acceleration Enhance HP ProLiant Gen9 Platforms

New Advanced 10GbE NIC Delivers Best Price/Power/Performance Value and Simplicity, and Hardware Acceleration for Virtualization and Hybrid Cloud Deployments

COSTA MESA, Calif., April 8, 2015 — (PRNewswire) —   Emulex Corporation (NYSE: ELX), a leader in network connectivity, monitoring and management, today announced that its 10Gb Ethernet (10GbE) technology is being used in the HP Ethernet 10Gb 2-port 557SFP+ Adapter PCI Express (PCIe) 3.0 Network Interface Card (NIC) for the HP ProLiant Gen9 rack and tower servers. Utilizing Emulex's newest 10GbE technology in the latest generation PCI 3.0 format helps HP deliver leading-edge performance, value and simplicity with advanced features and functionality for enterprise virtualization and hybrid cloud deployments.

Based in Costa Mesa, California, Emulex is a leader in network connectivity, monitoring and management.

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"Emulex offers a broad portfolio of I/O connectivity solutions for HP ProLiant Gen9 servers, delivering comprehensive coverage across form factors as well as networking and storage protocols," said Shaun Walsh, senior vice president of marketing, Emulex. "The HP 557SFP+ NIC delivers exclusive Emulex advanced features such as RDMA over Converged Ethernet (RoCE) and tunnel offloading, giving customers the functionality they need as they leverage next generation technologies in their data centers, such as network functions virtualization (NFV), hybrid cloud overlay networks and RoCE."

The HP 557SFP+ NIC, based on Emulex OneConnect® Ethernet Network Adapter technology, delivers the following key benefits for HP ProLiant Gen9 environments:

"In today's cloud and mobile-first world, customers face challenges with increasingly complex network traffic patterns, increases in small packets, need to improve responsiveness, and doing more with less," said McLeod Glass, vice president, ProLiant Rack and Tower Product Management, HP. "The new HP 557SFP+ NIC, based on Emulex OneConnect technology, adds to the extensive Emulex I/O adapter portfolio we offer our HP ProLiant customers, giving them the flexibility, protocol choice and performance they need, while reducing total cost of ownership. The advanced 10GbE capabilities in the HP 557SFP+ NIC, including tunnel offload support, boosts HP ProLiant server performance and increases overall server efficiency, which is key to maximizing host VM density, accelerating performance, and increasing the efficiency of applications such as Microsoft Hyper-V Live Migration, SQL Server and Microsoft SharePoint with SMB Direct."          

The HP 557SFP+ NIC with Emulex technology became generally available on March 30, 2015. For more information on this product or any other HP/Emulex products, please visit http://www.emulex.com/hp.

  1. IT BrandPulse Test Report, " OCe14000 Performance," October 2014

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About Emulex
Emulex provides connectivity, monitoring and management solutions for high-performance networks, delivering provisioning, end-to-end application visibility, optimization and acceleration for the next generation of software-defined, telco and Web-scale data centers. The Company's I/O connectivity portfolio, which has been designed into server and storage solutions from leading OEMs and ODMs worldwide, enables organizations to manage bandwidth, latency, security and virtualization. The Emulex network visibility portfolio enables global organizations to monitor and improve application and network performance management. Emulex is headquartered in Costa Mesa, Calif. For more information about Emulex (NYSE: ELX) please visit http://www.Emulex.com.

Press Contacts

Katherine Lane

Brian Alberti

Senior Director, Corporate and Marketing 

Davies Murphy Group for Emulex

Communications

+1 781-418-2403

+1 714-885-3828

emulex@daviesmurphy.com

katherine.lane@emulex.com


Cautions Regarding Forward-Looking Statements
This announcement contains forward-looking statements. Forward-looking statements may be typically identified by such words as "may," "will," "could," "should," "expect," "anticipate," "plan," "likely," "believe," "estimate," "project," "intend," and other similar expressions among others. These forward-looking statements are subject to known and unknown risks and uncertainties that could cause our actual results to differ materially from the expectations expressed in the forward-looking statements. Although Avago Technologies Limited ("Avago") and Emulex Corporation ("Emulex") believe that the expectations reflected in the forward-looking statements are reasonable, any or all of such forward-looking statements may prove to be incorrect. Consequently, no forward-looking statements may be guaranteed and there can be no assurance that the actual results or developments anticipated by such forward looking statements will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Avago, Emulex or their respective businesses or operations. The foregoing review of important factors that could cause actual events to differ from expectations should not be construed as exhaustive and should be read in conjunction with statements that are included herein and elsewhere, including the risk factors included in Emulex's and Avago's most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K, respectively, and Emulex's and Avago's more recent reports filed with the SEC. Emulex and Avago can give no assurance that the conditions to the transaction will be satisfied. Neither Emulex nor Avago undertakes any intent or obligation to publicly update or revise any of these forward looking statements, whether as a result of new information, future events or otherwise, except as required by law. Emulex is responsible for information in this press release concerning Emulex and Avago is responsible for information in this press release concerning Avago.

"Safe Harbor" Statement
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above contain forward-looking statements that involve risk and uncertainties. We expressly disclaim any obligation or undertaking to release publicly any updates or changes to these forward-looking statements that may be made to reflect any future events or circumstances. We wish to caution readers that actual future results could differ materially from those described in the forward-looking statements as a result of a variety of factors, including those discussed in our filings with the Securities and Exchange Commission, including our recent filings on Forms 10-K and 10-Q, under the caption "Risk Factors." Those factors and the factors listed below could cause actual results to differ materially from those in the forward-looking statements:

On February 25, 2015, Emulex agreed to be acquired by Avago Technologies Limited (Nasdaq: AVGO), subject to the satisfaction of certain conditions.  Factors related to the acquisition which could cause actual results to differ from those projected or contemplated in any such forward-looking statements include, but are not limited to, the following factors: (1) the risk that the conditions to the closing of the transaction are not satisfied, including the risk that Avago may not receive a sufficient number of shares tendered from Emulex stockholders to complete the tender offer; (2) litigation relating to the transaction; (3) uncertainties as to the timing of the consummation of the transaction and the ability of each of Emulex and Avago to consummate the transaction; (4) risks that the proposed transaction disrupts the current plans and operations of Emulex or Avago; (5) the ability of Emulex to retain and hire key personnel; (6) competitive responses to the proposed transaction; (7) unexpected costs, charges or expenses resulting from the transaction; (8) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the transaction; (9) Avago's ability to achieve the growth prospects and synergies expected from the transaction, as well as delays, challenges and expenses associated with integrating Emulex with Avago's existing businesses; and (10) legislative, regulatory and economic developments.

All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

Additional Information about the Transaction and Where to Find It
The tender offer described herein has not yet commenced. This press release is for informational purposes only and shall not constitute an offer to purchase or the solicitation of an offer to sell any shares of the common stock of Emulex or any other securities. Any offer will only be made pursuant to a tender offer statement on Schedule TO, which will contain an offer to purchase, form of letter of transmittal and other documents relating to the tender offer (collectively, the "Tender Offer Materials"), each to be filed with the U.S. Securities and Exchange Commission (the "SEC") by Avago, Avago Technologies Wireless (U.S.A.) Manufacturing Inc. and Emerald Merger Sub, Inc. In addition, Emulex will file with the SEC a solicitation/recommendation statement on Schedule 14D-9 with respect to the tender offer. Avago and Emulex expect to mail the Tender Offer Materials, as well as the Schedule 14D-9, to Emulex stockholders. Investors and security holders are urged to carefully read these documents, as well as any other documents relating to the tender offer or related transactions that are filed with the SEC, when they become available, as they may be amended from time to time, because these documents will contain important information relating to the tender offer and related transactions. Investors and security holders may obtain a free copy of these documents after they have been filed with the SEC, and other annual, quarterly and special reports and other information filed with the SEC by Avago or Emulex, at the SEC's website at www.sec.gov. In addition, such materials will be available for free from Avago or Emulex by directing any requests to investor relations at Avago or Emulex at the applicable phone number or email address below.

A description of certain interests of the directors and executive officers of Emulex is set forth in Emulex's Form 10-K/A, Amendment No. 1, in Part III thereof, which was filed with the SEC on October 27, 2014. A description of certain interests of the directors and executive officers of Avago is set forth in Avago's proxy statement for its 2015 annual meeting, which was filed with the SEC on February 20, 2015. To the extent holdings of either company's securities by their respective directors and certain officers have subsequently changed, such changes have been reflected on Forms 4 filed with the SEC.

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SOURCE Emulex Corporation

Contact:
Emulex Corporation
Avago Technologies Limited
Web: http://www.emulex.com