QLogic to Acquire Ancor Communications -- Redmondmag.com

QLogic to Acquire Ancor Communications

By Scott Bekker
05/08/2000

QLogic Corp., a supplier of Fibre Channel solutions, announced that it will acquire Ancor Communications Inc., another Fibre Channel provider. Under the terms of the agreement, QLogic will exchange 0.5275 shares of common stock for each share of Ancor common stock.

The acquisition of Ancor (www.ancor.com) will extend QLogic's (www.qlogic.com) Fibre Channel offerings. QLogic will acquire Ancor's SANbox family of Fibre Channel switch products, delivering the hardware and fabric management software necessary for SAN infrastructures.

"Through this unique merger, we will be able to provide the marketplace with complete, interoperable SAN solutions, which will greatly simplify their choice of technology partners," said Ancor chairman and CEO Ken Hendrickson. Following the closing of the merger, Hendrickson will be nominated to the QLogic board of directors.

The merger is estimated at approximately $1.7 billion. - Isaac Slepner

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

Microsoft Kills 30-Day Data Retention Policy for Copilot in Fabric

Microsoft this week announced several usability improvements coming to Copilot in Fabric in preparation of its general availability release later this year.
Using Microsoft Office to Build a Network Diagram 2

Now that we've set up our process, let's dig in with the actual execution.
Microsoft Graph 'Activity Logs' Feature Goes Live

Microsoft announced the general availability of the "activity logs" capability in Microsoft Graph, giving administrators more options to track user activity and identify patterns of potential misuse.
Fallout from Microsoft's 'Midnight Blizzard' Saga Hits Feds

When the Russian attack group Midnight Blizzard successfully breached Microsoft corporate e-mail accounts late last year, it apparently managed to steal U.S. government agency e-mails, too.
PowerShell Script Used in Phishing Attack May Be AI-Generated

A PowerShell script being used in a novel malware campaign may have been created by AI, according to security researchers at Proofpoint.