Broadcom Raises All-Cash Tender Offer for Emulex to $11.00 Per Share Jun 30, 2009
June 29 /PRNewswire-FirstCall/ -- Broadcom Corporation (Nasdaq: ) today announced that it raised its tender offer for all of the currently outstanding shares of common stock (including the associated preferred stock purchase rights) of Emulex Corporation (NYSE: ) from $9 ... The Board of Directors of Emulex Corporation ... Broadcom has filed a Tender Offer Statement on Schedule TO with the U.S. Securities and Exchange Commission ("SEC") containing an offer to purchase all of the outstanding... (PR Newswire)
PROXY Governance Recommends Against Broadcom Request for Special Meeting to Replace Emulex Board Jun 25, 2009
As the company's operations and financial health remain robust, indicating there is no intrinsic need to sell the company at all, we do not believe support for this proposal - much less the removal of the incumbent directors which the special meeting would propose - is warranted. " In their report, PROXY Governance also stated, "An unsolicited buyout offer does not obligate a board to sell the company at a discount. (Primezone Releases)
Broadcom Comments on PROXY Governance Report Jun 25, 2009
Broadcom has filed a Tender Offer Statement on Schedule TO with the U.S. Securities and Exchange Commission ("SEC") containing an offer to purchase all of the outstanding shares of common stock of Emulex Corporation ("Emulex") for $9. 25 per share. (PR Newswire)
Emulex to Put Bylaw Amendment to Stockholder Vote At Annual Meeting Jun 17, 2009
Press Release Source: Emulex Corporation ... June 16, 2009 (GLOBE NEWSWIRE) -- Emulex Corporation (NYSE: - ) today announced that at its upcoming annual stockholders meeting on November 19, 2009 the Company will put to a stockholder vote the bylaw amendment adopted by the Board of Directors in January 2009 that requires that stockholder amendments to Emulex's bylaws be approved by the vote of no less than 66 2/3rds percent of the outstanding shares ... News releases and other information about... (Primezone Releases)
Emulex Comments On Broadcom's Self-Serving and Misleading Statements Jun 5, 2009
Press Release Source: Emulex Corporation ... June 4, 2009 (GLOBE NEWSWIRE) -- Emulex Corporation (NYSE: - ) President and Chief Executive Officer, Jim McCluney, today commented on statements and presentation materials issued yesterday by Broadcom Corporation (Nasdaq: - ) ... News releases and other information about Emulex Corporation are available at. (Primezone Releases)
Emulex Advises Stockholders to Take No Action At This Time in Response to Broadcom Tender Offer May 6, 2009
Press Release Source: Emulex Corporation ... May 5, 2009 (GLOBE NEWSWIRE) -- Emulex Corporation (NYSE: - ) today said its Board of Directors, consistent with its fiduciary duties and with the assistance of its financial and legal advisors, Goldman, Sachs & Co. and Gibson, Dunn & Crutcher LLP, will review the tender offer commenced today by Broadcom Corporation (NasdaqGS: - ) to acquire all of the outstanding shares of Emulex for $9 ... News releases and other information about Emulex Corporation... (Primezone Releases)
Emulex Publishes Convergenomics -- The Guide to Network Convergence Solutions Apr 7, 2009
Press Release Source: Emulex Corporation ... News Facts: * Today, Emulex Corporation (NYSE: - ) published Convergenomics(tm) -- The Guide to Network Convergence Solutions, a comprehensive introduction to network convergence based on Fibre Channel over Ethernet (FCoE), which includes: -- An assessment of the challenges facing the data center and the business case for FCoE -- Use cases and applications that will be addressed with the first wave of FCoE deployments -- An overview of the technology... (Primezone Releases)
Emulex Recognized by IT Professionals as Leader in Fibre Channel Over Ethernet Adapter Market According to IT Brand Pulse Report Apr 7, 2009
Press Release Source: Emulex Corporation ... -- Emulex Corporation (NYSE: - ) today announced key findings from the March 2009 IT Brand Pulse(tm) FCoE Adapter Leader Survey detailing the opinions of 149 IT professionals on the Fibre Channel over Ethernet (FCoE) Adapter market ... News releases and other information about Emulex Corporation are available at. (Primezone Releases)
CoroWare Announces Executive Management Promotions Mar 18, 2009
Before coming to CoroWare, Mandrell was senior firmware architect for Vixel and Emulex Corporation, a producer of Fibre-Channel switches and hubs, where he was responsible for specifying processes and tools to be used on development projects, as well as managing requirements and high-level software architecture issues for products. He also worked as project engineer and team lead at Medtronic Physio-Control Corporation, as a consultant for Cyber Safe Corporation, and as a software engineer for... (Primezone Releases)
Emulex Announces Secure HBA Technology Feb 19, 2009
Source: Emulex Corporation ... Feb. 19, 2009 (GLOBE NEWSWIRE) -- Emulex Corporation (NYSE: - ) today announced that it is bringing to market an enterprise-class, host-based security solution that protects data across the enterprise, encrypts data in-flight and at-rest, and provides effective access controls ... Preventing data breaches and complying with information security mandates are growing concerns for organizations of any size, location or industry throughout the world,'' said Steve... (Primezone Releases)
Emulex Unveils OneCommand Management Framework Feb 19, 2009
Source: Emulex Corporation ... Feb. 19, 2009 (GLOBE NEWSWIRE) -- Emulex Corporation (NYSE: - ) today announced OneCommand(tm), a secure, automated and centralized enterprise management platform for Emulex's newly announced OneConnect(tm) Universal Converged Network Adapters (UCNAs) and LightPulse(r) Fibre Channel Host Bus Adapters (HBAs) ... Network Convergence is the next significant opportunity in the data center to drive increased operational efficiency, improve business responsiveness and... (Primezone Releases)
Emulex Announces OneConnect -- The Industry's First Universal Converged Network Adapter Platform Feb 19, 2009
Source: Emulex Corporation ... Feb. 19, 2009 (GLOBE NEWSWIRE) -- Emulex Corporation (NYSE: - ) today announced Emulex OneConnect(tm), a groundbreaking single-chip, high performance connectivity architecture, which is the foundation for Emulex's Universal Converged Network Adapters (UCNAs) that enable true network convergence ... Network convergence is a pivotal technology for reducing data center costs, complexity and resources,'' said Steve Daheb, chief market officer and senior vice president... (Primezone Releases)
Emulex Announces Connect Partner Program for Next Generation Data Center Solutions Feb 19, 2009
Source: Emulex Corporation ... Feb. 19, 2009 (GLOBE NEWSWIRE) -- Emulex Corporation (NYSE: - ) today announced its new Emulex Connect Partner Program, an ecosystem built on Emulex's industry-leading storage, server, networking and software interoperability, which offers partners the ability to collaborate on technology development, field sales engagement, market expansion and solutions marketing ... Through the Emulex Connect Partner Program, Emulex and its partners can deliver more tightly... (Primezone Releases)
Emulex Seizes Market Share Over Nearest Competitor During Fourth Quarter of 2008 Feb 13, 2009
Source: Emulex Corporation ... Feb. 12, 2009 (GLOBE NEWSWIRE) -- Emulex Corporation (NYSE: - ) today announced that it has captured over three percentage points of revenue and two percentage points of port market share over its nearest competitor in the total Fibre Channel Host Bus Adapter (HBA) market during the last quarter of 2008 ... Emulex Corporation creates enterprise-class products that intelligently connect storage, servers and networks. (Primezone Releases)