{"id":4095,"date":"2012-01-23T14:46:09","date_gmt":"2012-01-23T14:46:09","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=4095"},"modified":"2012-01-23T14:48:14","modified_gmt":"2012-01-23T14:48:14","slug":"intel-to-buy-qlogics-infiniband-assets-for-125m","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/hardware\/4095\/intel-to-buy-qlogics-infiniband-assets-for-125m\/","title":{"rendered":"Intel to buy QLogic&#8217;s InfiniBand assets for $125m"},"content":{"rendered":"<p>Chipmaker Intel Corp said it has agreed to buy networking products maker QLogic Corp&#8217;s InfiniBand assets for $125 million in cash to strengthen its networking and high-performance computing capabilities.<\/p>\n<p>Intel said the deal is expected to close within the current quarter.<\/p>\n<p>&#8220;This acquisition is designed to enhance Intel&#8217;s networking portfolio and provide scalable high-performance computing fabric technology,&#8221; Intel said in a statement.<\/p>\n<p>Intel said it expects a significant number of InfiniBand employees to join it.<\/p>\n<p>QLogic said it expects the deal&#8217;s impact on earnings per share to be neutral.<\/p>\n<p>Shares of Aliso Viejo, California-based QLogic closed at $16.55 on Friday on the Nasdaq.<\/p>\n<p>Shares of Santa Clara, California-based Intel closed at $26.38 on Friday on the Nasdaq.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chipmaker Intel Corp said it has agreed to buy networking products maker QLogic Corp&#8217;s InfiniBand assets for $125 million in cash to strengthen its networking and high-performance computing capabilities.<\/p>\n","protected":false},"author":7,"featured_media":913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[25,981,979,305,983],"class_list":["post-4095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hardware","tag-active","tag-asset-purchase","tag-infiniband","tag-intel","tag-qlogic"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/4095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=4095"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/4095\/revisions"}],"predecessor-version":[{"id":4099,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/4095\/revisions\/4099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/913"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=4095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=4095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=4095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}