| Type | Public (NYSE: ELX) |
|---|---|
| Industry | Technology |
| Founded | 1979 |
| Headquarters | Costa Mesa, California, United States |
| Key people | Paul F. Folino (Executive chairman) Jim McCluney (CEO) Jeff Benck (President and COO) |
| Revenue | US$ 488.30 Million (2008)[1] |
| Net income | US$ -7.07 million (2008)[1] |
| Employees | More than 800 (2008)[2] |
| Website | Emulex.com |
Emulex Corporation (NYSE: ELX) is a California based manufacturer of storage networking infrastructure solutions. The company's products include Fibre Channel host bus adapters (HBAs), Fibre Channel over Ethernet (FCoE) converged network adapters (CNAs), embedded storage switches, storage I/O controller and SAN storage switch products. Based in Costa Mesa, California, Emulex employs nearly 800 people worldwide as of 2009.
The company's products are sold by OEM partners including Dell, EMC, Fujitsu-Siemens, Hewlett-Packard, Hitachi Data Systems, Hitachi, IBM, LSI, NEC, NetApp and Sun Microsystems (a subsidiary of Oracle Corporation).
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.[3] After Emulex's board of directors recommended against the sale, Broadcom increased the company's offer to $11 per share on June 30th, which valued the company at $925 million[4]. It too was rejected on July 9, 2009. [5]. Subsequently, Broadcom announced it would withdraw its offer[6].
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