Emulex announced this week a bid to acquire Network Performance Management vendor Endace
Emulex’s offer is valued at approximately $130 million and still requires Endace shareholder approval.
Jim McCluney, CEO Emulex noted during a conference call to discuss the deal that there are a lot of reasons why he is interested in Endace.
“We’re acquiring this company because they have solutions that provide the best visibility for detecting and resolving issues in the network, thereby helping to ensure maximum uptime for applications.” McCluney said.
McCluney explained that in recent years Emulex has been steadily expanding its networking capabilities and footprint in the datacenter. That said, he noted that it has become increasingly complex and difficult to detect networking issues in modern networks.
Read the full story at EnterpriseNetworkingPlanet:
Emulex Bids $130 Million for Endace Network Performance Management
Sean Michael Kerner is a senior editor at InternetNews.com, the news service of the IT Business Edge Network, the network for technology professionals Follow him on Twitter @TechJournalist.