Emulex

Emulex

Emulex Corporation provides Network Convergence solutions that connect servers, storage, and networks within the data center. The company's products include Fibre Channel host bus adapters (HBAs), converged network adapters (CNAs), embedded storage switches, controllers and connectivity management software. Headquartered in Costa Mesa, California, Emulex was founded in 1979 and employs nearly 900 people worldwide as of 2012.

The company's products are sold by OEM partners including Cisco, Dell, EMC, Fujitsu, Hitachi, Hitachi Data Systems, HP, Huawei, IBM, NEC, NetApp and Oracle. On April 21, 2009, Broadcom made a proposal to the Emulex board of directors to buy all existing shares of Emulex for $764 million, or $9.25 per share, a 40% premium over the stock's closing price on April 20, 2009. After Emulex's board of directors recommended against the sale, Broadcom increased the company's offer to $11 per share on June 30, which valued the company at $925 million. It too was rejected on July 9, 2009. Subsequently, Broadcom announced it would withdraw its offer.