Formed in 2009, the Archive Team (not to be confused with the archive.org Archive-It Team) is a rogue archivist collective dedicated to saving copies of rapidly dying or deleted websites for the sake of history and digital heritage. The group is 100% composed of volunteers and interested parties, and has expanded into a large amount of related projects for saving online and digital history.
SAN FRANCISCO — Programmable logic supplier Xilinx said that it will acquire networking solutions vendor Solarflare on the same day it reported that its annual sales had exceeded $3 billion for the first time.
Financial terms for the acquisition were not disclosed. But Xilinx (San Jose, California) first became an investor in Solarflare in 2017, when the two companies began working together on advanced networking technology.
Recommended
Chip Firms Expect IoT to Be Key Revenue Driver
Last month at the Open Compute Summit, Xilinx and Solarflare demonstrated their first joint solution — a single-chip FPGA-based 100G SmartNIC, capable of processing 100 million packets per second (receive and transmit) while consuming less than 75 W.
Xilinx said that the deal — expected to close next year pending regulatory review and other closing conditions — would enable the company to develop new converged SmartNIC products. The company said that merging would also help to accelerate its focus on the data center and its transition to a platform company.
Salil Raje, executive vice president and general manager of Xilinx’s Data Center Group, said through a press statement that the acquisition would provide Xilinx with “both market-leading technology and exceptional engineering talent with expertise in networking hardware, software, firmware, and drivers.”
Solarflare, founded in 2001, is based in Irvine, California, and has been a pioneer in high-speed networking technologies such as Ethernet, application acceleration, and NVMe-over-fabrics. The company currently has more than 200 employees in the U.S., U.K., India, and the Asia-Pacific region.
“Our shared vision for the future of data center and cloud computing and the integration of our respective technologies make this acquisition the ideal next step for our customers, employees, and investors, as well as the broader data center industry,” said Russell Stern, Solarflare CEO.
Also on Wednesday, Xilinx reported sales of $828 million for its most recent quarter, an increase of 4% sequentially and 30% year over year. The company reported a net income for the quarter of $245 million, up 2% sequentially and 68% year over year.
For its fiscal year, Xilinx reported sales of $3.06 billion, an increase of 24% from the prior year.
“We are executing to our strategy and focusing on growth across our portfolio as we continue our transformation to a platform company,” said Victor Peng, Xilinx president and CEO, in a statement.
For the current quarter, Xilinx said that it expects sales to increase to between $835 million and $865 million.
