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QLogic Announces Approval of a Stock Repurchase Program for an Additional $200 Million
ALISO VIEJO, Calif., Aug 30, 2010 (GlobeNewswire via COMTEX) --
QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, today announced that its board of directors has authorized a program to repurchase up to an additional $200 million of the company's outstanding common stock over a period of up to two years.
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About QLogic
QLogic (Nasdaq:QLGC) is a global leader and technology innovator in high performance networking, including adapters, switches and ASICs. Leading OEMs and channel partners worldwide rely on QLogic products for their data, storage and server networking solutions. QLogic is a ...
QLogic Executives to Present at September Investor Conferences
ALISO VIEJO, Calif., Aug 25, 2010 (GlobeNewswire via COMTEX) --QLogic Corp. (Nasdaq:QLGC) today announced that QLogic senior executives will present at the following investor conferences in September:
-- Citigroup 17th Annual Global Technology Conference
Wednesday,
September 8
2:25 p.m. Eastern Time
New York Marriott
Marquis, New York City
-- Credit Suisse 2010 Small and Mid Cap Conference
Wednesday,
September 15
8 a.m. Eastern Time
Boston Harbor Hotel, Boston
The events can be accessed through live and archived webcasts via the QLogic website at http://ir.qlogic.com.
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About QLogic
QLogic (Nasdaq:QLG...
QLogic Gains Share in 10Gb Ethernet Adapter Market for Fifth Consecutive Quarter
QLogic Second Only to Intel in 10Gb Ethernet Adapter Market Share
ALISO VIEJO, Calif., Aug 23, 2010 (GlobeNewswire via COMTEX) --QLogic Corp. (Nasdaq:QLGC) today announced that it gained share in the 10GbE adapter market for the fifth consecutive quarter according to new data published by market researchers at the Dell'Oro Group in its 2Q10 Network Adapter Report. QLogic is the only vendor to have gained market share for five consecutive quarters (Q2CY09-Q2CY10). With 15.7 percent revenue share in the 10GbE adapter market, QLogic took over the number two position for the first time, second only to Intel for the quarter.
"With the momentum of our leadership position in 10GbE converged...
QLogic Leads 10GbE Converged Network Adapter Market With 58 Percent Share
Latest Dell'Oro Group Report Confirms That QLogic Leads the Market by More Than 18 Points of Share
ALISO VIEJO, Calif., Aug 12, 2010 (GlobeNewswire via COMTEX) --QLogic Corp. (Nasdaq:QLGC) today announced that it leads the 10GbE converged network adapter market according to new data published by the Dell'Oro Group in its Q2 2010 market report -- the first credible, independent source to track converged network adapter market share.
With 58.25 percent 10GbE converged network adapter market share in revenue for calendar Q2 2010, QLogic led its nearest competitor by 18.5 percentage points. In addition, the report shows that QLogic continues to maintain its strong number one position in ...
QLogic Executives to Present at August Investor Conferences
ALISO VIEJO, Calif., Jul 26, 2010 (GlobeNewswire via COMTEX) --QLogic Corp. (Nasdaq:QLGC) today announced that QLogic senior executives will present at the following investor conferences in August:
12th Annual Pacific Crest Technology Leadership Forum
Tuesday, August 10
11 a.m. Mountain Time
Sonnenalp Resort of Vail, Vail, Colorado
Canaccord Genuity 30th Annual Growth Conference
Wednesday, August 11
9 a.m. Eastern Time
InterContinental Boston, Boston
Morgan Keegan's Annual Technology Conference
Thursday, August 12
8:35 a.m. Eastern Time
The New York Palace, New York City
The events can be accessed through live and archived webcasts via the QLogic website at http://ir.q...
QLogic Reports First Quarter Results for Fiscal Year 2011
ALISO VIEJO, Calif., Jul 22, 2010 (BUSINESS WIRE) --QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance
network infrastructure solutions, today announced its first quarter
financial results for the period ended June 27, 2010.
First Quarter Highlights
Net revenue: $142.6 million
GAAP net income: $25.4 million or $0.22 per diluted share
Non-GAAP net income: $34.7 million or $0.30 per diluted share
Cash generated from operations: $30.6 million
Cash and investment securities: $348.6 million as of June 27, 2010
Financial Results
Net r...
QLogic to Announce First Quarter Fiscal Year 2011 Results
Teleconference Scheduled for Thursday, July 22 at 2 p.m. Pacific Time
ALISO VIEJO, Calif., Jul 6, 2010 (GlobeNewswire via COMTEX) --QLogic Corp. (Nasdaq:QLGC) a leading supplier of high performance network infrastructure solutions, plans to announce its first quarter fiscal year 2011 results after the close of the market on Thursday, July 22, 2010.
Following the press release, QLogic will conduct a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). H.K. Desai, chief executive officer, and Simon Biddiscombe, senior vice president and chief financial officer, will host the call, which will be webcast live at http://ir.qlogic.com and www.earnings.com. Phone access will ...
Centralized SAN for Interruption-Free Coverage of 2010 FIFA World Cup Powered by QLogic Stackable Switches
Bell Micro Partner Mediatec Trusts QLogic Storage Networking Solutions for International Broadcast Center's Central Storage Area Network
ALISO VIEJO, Calif., Jun 28, 2010 (GlobeNewswire via COMTEX) --QLogic Corp. (Nasdaq:QLGC) today announced that its 5802V Series Fibre Channel stackable switches are providing the backbone of the International Broadcast Center's (IBC) storage area network (SAN) at the 2010 FIFA World Cup soccer tournament in Johannesburg, South Africa.
QLogic(R) 5820V Series Fibre Channel switches, the linchpin between the integrated Apple Xsan server and Promise VTrak E-Class RAID storage systems, handle the continuous high-speed exchange of audio-visual data for th...
QLogic Introduces FCoE Port Technology for HP
QLogic Expands Industry Lead in Converged Networks
LAS VEGAS, Jun 23, 2010 (GlobeNewswire via COMTEX) --HP Technology Forum, Mandalay Bay -- Continuing to innovate along a fast-paced trajectory to expand its industry lead in intelligent converged fabric technologies, QLogic Corp. (Nasdaq:QLGC) today announced a revolutionary new Fibre Channel over Ethernet (FCoE) ASIC with breakthrough connectivity innovations.
This new ASIC is used in the new HP Virtual Connect FlexFabric 10Gb/24-port module for HP's industry-leading BladeSystem platform. A key element of HP's Converged Infrastructure, the HP Virtual Connect FlexFabric module is the only blade interconnect that combines network conver...
QLogic to Optimize InfiniBand Performance on NVIDIA Tesla GPUs Using NVIDIA GPUDirect
GPU-Equipped Clusters From NVIDIA, Coupled With QLogic TrueScale InfiniBand Fabric, Achieve New Levels of Computational and Message Passing Performance
ALISO VIEJO, Calif., May 31, 2010 (GlobeNewswire via COMTEX) --QLogic Corp. (Nasdaq:QLGC) today announced that it is working closely with NVIDIA to optimize performance of NVIDIA Tesla GPUs in multi-node configurations interconnected with QLogic(R) TrueScale(TM) InfiniBand(R) fabrics. By tapping into the new NVIDIA GPUDirect(TM) technology, QLogic InfiniBand adapters, switches and directors communicate directly with NVIDIA GPUs with reduced CPU involvement, reducing communication overhead for optimal results.
"HPC environments increasin...
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