Emulex Snaps Up Endace For Better Visibility Into Networks
Converged networking and storage specialist Emulex is acquiring Endace, a player in the emerging market for packet capture and network recording, for around $130 million in cash.
Endace's flagship product, the Intelligent Network Recorder, is designed to capture, index and record 100 percent of network traffic while scaling from 1 Gbps to 100 Gbps in throughput. Emulex said bringing in Endace would nearly double its total addressable market to $3.2 billion.
"Acquiring Endace aligns with our software-defined convergence strategy, doubles our total addressable market and places Emulex in another high-margin, high-growth market," Jim McCluney, Emulex's CEO, said in a statement.