{{Short description|Computer peripherals manufacturer}} {{use mdy dates|date=August 2021}} {{use American English|date=August 2021}} {{Infobox company |name = Emulex Corporation |logo = Emulex Corporation logo.svg |image = Former Emulex Corporation Headquarters Costa Mesa California 2022.JPG |image_caption = Former headquarters in Costa Mesa, California |type = Public |traded_as = {{NYSE|ELX}} |equity = US$761.8 million (2009)<ref>[https://finance.yahoo.com/q/ks?s=ELX ELX: Key Statistics for Emulex INC – Yahoo! Finance<!-- Bot generated title -->]</ref> |revenue = {{profit}} US$478.60 million (2013)<ref name="10K2008">{{cite web|title=Form 10-K|publisher=Emulex Inc., United States Securities and Exchange Commission|date=2008-08-20|url=https://www.sec.gov/Archives/edgar/data/350917/000095013408015504/a43080e10vk.htm|accessdate=2018-05-16|quote=For the fiscal year ended: July 29, 2008}}</ref> |net_income = {{loss}} −US$5.21 million (2013)<ref name="10K2008" /> |industry = Technology |founded = {{start date and age|1978}} |defunct = {{end date and age|2015}} |fate = Acquired by Avago Technologies |hq_location_city = Costa Mesa, California |hq_location_country = <br>United States |key_people = Bruce C. Edwards<br>(Executive chairman)<br> Jeff Benck {{small|(CEO)}} |num_employees = More than 1200 (2013)<ref name=facts>{{cite web |url=http://www.emulex.com/artifacts/21a4291a-9066-4ee2-b070-94c2bba0e0a4/facts.pdf |title=Corporate Fact Sheet |date=June 3, 2008 |accessdate=2009-02-22 |page=1 }}</ref> |website = {{web archive|url=https://web.archive.org/web/20141226212009/http://www.emulex.com/|title=emulex.com}} }}
'''Emulex Corporation'''<ref>{{cite news |newspaper=New York Times |url=https://www.nytimes.com/topic/company/emulex-corporation |title=Emulex Corporation}}</ref> was an American computer hardware company active from 1978 to 2015. The company was a provider of computer network connectivity, monitoring and management hardware and software. The company's I/O connectivity offerings, including its line of Ethernet and Fibre Channel-based connectivity products, are or were used in server and storage products from OEMs, including Cisco, Dell, EMC Corporation, Fujitsu, Hitachi, HP, Huawei, IBM, NetApp, and Oracle Corporation. In 2015, the company was acquired by Avago Technologies.
==History== ===1979–1999=== Emulex was founded in 1978<ref>{{cite journal | last=Ryan | first=Alan J. | date=September 7, 1987 | url=https://books.google.com/books?id=6aHN6h4o3CoC&pg=PT75 | title=Emulex wants out of DEC bind | journal=Computerworld | publisher=IDG Publications | volume=XXI | issue=36 | pages=91, 96 | via=Google Books}}</ref> by Fred B. Cox "as a supplier of data storage products and data communications equipment for the computer industry."<ref>{{cite news |newspaper=Los Angeles Times |title=Emulex Corp. Founder to Give Up His Job as Firm's Chief Executive |date=June 30, 1990 |author=Lee|first=Christina}}</ref> By 1983, Emulex was able to advertise its products as if it were grocery items: a 2-page spread headlined "One stop shopping for VAX users? Emulex, of course" showed 3 paper bags, each with the Emulex name and logo and each holding a large computer board. One bag also said, "Disk Controllers" while the second bag said, "Communication Controllers;" the third said "Tape Controllers".<ref>{{cite magazine |magazine=The DEC Professional |pages=36–37 |title=One stop shopping for VAX users? Emulex, of course |date=November 1983}}</ref>
Much of Emulex's early market was for Digital Equipment Corporation's VAX and PDP-11 systems.<ref name="ref1"/> The company's Performance series was a line of terminal servers. The Performance 4000 (P4000), released in August 1988, was the first third-party terminal server compatible with DEC's Local Area Transport protocol.<ref name="ref2"/><ref name="ref3"/> The P4000 had a fixed 16-port configuration and was housed in a plastic shell with an LCD status screen.<ref name="ref2"/>
In 1992, Emulex spun off their disk controller business into QLogic.<ref>{{cite news |newspaper=New York Times |url=https://archive.nytimes.com/www.nytimes.com/library/tech/99/07/biztech/articles/05fibr.html |title=In Data Linkage, It's Spinoff vs. Parent |date=July 5, 1999 |author=Pollack|first=Andrew}}</ref>
===2000 to present=== Headquartered in Costa Mesa, California, Emulex employed more than 1,200 people in 2013. In 2000, Emulex acquired Giganet for $645 million,<ref>{{cite news |magazine=EE Times |url=https://www.eetimes.com/document.asp?doc_id=1127751 |title=Emulex Acquires Giganet for $645 million}}</ref> and in 2013, it acquired Endace, based in New Zealand. 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.<ref>{{cite news |newspaper=New York Times |url=https://dealbook.nytimes.com/2009/04/22/broadcom-launches-764-million-hostile-bid-for-emulex |title=Broadcom Makes $764 Million Hostile Bid for Emulex |date=April 22, 2009}}</ref><ref>{{Cite web |title=Newsroom |url=https://www.broadcom.com/company/news |access-date=2021-06-09 |website=www.broadcom.com |language=en}}</ref> After Emulex's board of directors recommended against the sale, Broadcom increased its offer to $11 per share on June 30, which valued the company at $925 million.<ref>{{cite web |url=http://www.streetinsider.com/Mergers+and+Acquisitions/Broadcom+(BRCM)+Raises+Offer+for+Emulex+(ELX)+to+$11/4762361.html |title=Broadcom (BRCM) Raises Offer for Emulex (ELX) to $11}}</ref> On July 9, 2009, it too was rejected<ref>{{cite web |url=http://www.emulex.com/resources/press-releases/2009/list/jul-9-2009-emulex-board-unanimously-rejects-broadcoms-1100-per-share-offer.html |title=Emulex Board Unanimously Rejects Broadcom's $11.00 Per Share Offer}}</ref> Broadcom subsequently withdrew its offer.<ref>{{cite news |url=https://www.cnbc.com/id/31828742 |title=Broadcom Drops Takeover Bid for Emulex }}{{dead link|date=November 2024|bot=medic}}{{cbignore|bot=medic}}</ref>
In February 2015, Avago Technologies Limited announced it would acquire Emulex for $8 per share, in cash.<ref name=AvaBro.NYT>{{Cite web |url=http://www.avagotech.com/pages/news |title=Avago Financial News 2015-02-25}}</ref> Avago, a spinoff of Hewlett Packard, merged with Broadcom in May of that year.<ref>{{cite news |newspaper=New York Times |url=https://www.nytimes.com/2015/05/29/business/dealbook/avago-agrees-to-acquire-broadcom-for-37-billion.html |title=Avago Agrees to Buy Broadcom for $37 Billion |quote=Avago ... born as a component division of Hewlett-Packard |author1=de la Merced |author2=Bray |date=May 28, 2015|first=Michael J.|first2=Chad}}</ref><ref>{{Cite news |last=Mukherjee |first=Liana B. |date=May 29, 2015 |title=Avago to buy Broadcom for $37 billion in biggest-ever chip deal |language=en |work=Reuters |url=https://www.reuters.com/article/us-broadcom-m-a-avago-correction-idUSKBN0OE28220150529|access-date=2021-04-07|last2=Baker|first2=Supantha}}</ref> Avago assumed the Broadcom name.<ref name=AvaBro.NYT/><ref>''avagotech.com'' redirects to ''broadcom.com''</ref>
==See also== * Emulex hoax
==References== {{Reflist}}
==External links== * {{webarchive|url=https://web.archive.org/web/20141226212009/http://www.emulex.com/|title=Official website|date=December 26, 2014}}
{{Hard disk drive manufacturers}}
Category:2015 mergers and acquisitions Category:American companies established in 1978 Category:American companies disestablished in 2015 Category:Broadcom Category:Cloud storage gateways Category:Companies based in Costa Mesa, California Category:Companies formerly listed on the New York Stock Exchange Category:Computer companies established in 1978 Category:Computer companies disestablished in 2015 Category:Computer storage companies Category:Defunct computer companies based in California Category:Defunct computer companies of the United States Category:Defunct computer hardware companies Category:Technology companies established in 1978 Category:Technology companies disestablished in 2015