Xilinx, the Leader in Adaptive and Intelligent Computing, to Acquire Solarflare Communications, Inc.SAN JOSE, Calif. & IRVINE, Calif. – May 7, 2019 – Xilinx, Inc. (NASDAQ: XLNX), the leader in adaptive and intelligent computing, today announced it has entered into a definitive agreement to acquire Solarflare Communications, Inc., a privately-held company based in Irvine, Calif.Solarflare is a leading provider of high-performance, low-latency networking solutions for customers spanning fintech to cloud computing. By combining Xilinx's industry-leading FPGA, MPSoC and ACAP solutions with Solarflare's ultra-low latency NIC technology and Onload? application acceleration software, the acquisition will enable new, converged SmartNIC solutions, accelerating Xilinx's "data center first" strategy and transition to a platform company.Xilinx became a strategic investor in Solarflare in 2017, and the companies have been collaborating on advanced networking technology for the past two years. Recently, the companies demonstrated their first joint solution, a single-chip FPGA-based 100G SmartNIC capable of processing 100 million packets per second with sub-75-watt power."Since Xilinx became a strategic investor, the Solarflare team has been working closely with Xilinx on next-generation networking technology and business collaboration," said Russell Stern, CEO of Solarflare. "We share a common vision for the future of data center and cloud computing. Integrating our respective technologies through this acquisition is a natural and solid next step for our customers, employees, investors, and the broader data center industry.""Solarflare is a leader in high-speed Ethernet, application acceleration, and NVMe-over-fabrics, among other key areas that are essential building blocks for next-generation enterprise and cloud SmartNIC technology," said Salil Raje, executive vice president and general manager of the Data Center Group at Xilinx. "Acquiring Solarflare brings Xilinx market-leading technology, as well as exceptional engineering talent with expertise in networking hardware, software, firmware, and drivers. We are excited about the possibilities Solarflare will bring to Xilinx as, together, we build the flexible, intelligent world."The acquisition is subject to customary closing conditions and regulatory approvals and is expected to be completed in the second quarter of Xilinx's fiscal year 2020 (third quarter of calendar year 2019). Xilinx CEO Victor Peng discussed the acquisition on the company's fourth quarter and fiscal year 2019 earnings conference call today.
