Intel takes key step in accelerating high-performance InfiniBand acquisition

Intel Corporation today announced that it has entered into a definitive agreement with QLogic to acquire the product lines of and certain assets related to its InfiniBand business. A significant number of the employees associated with this business are expected to accept offers to join Intel. The acquisition will increase Intel’s networking portfolio and provide high-performance computing by 2018. Vice president and general manager of Intel’s Data Center and Connected System Group Kirk Skaugen commented, “Adding QLogic’s InfiniBand product line to our networking portfolio will bring increased options and exceptional value to our datacenter customers.” The deal is expected to close by the end of the current quarter pending customary closing conditions being met.