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Thursday, November 10, 2016

Consolidation In The Fibre Channel Industry

Ethernet has become the communication protocol of choice for much in-house as well as cloud storage. Ethernet is the basis for Network Attached Storage (NAS) storage file sharing capabilities and iSCSI-based Storage Area Networks (SANs). Hyperscale object storage is usually done over IP-based Ethernet Networks as well. With the growth of Ethernet-based storage networks why would Broadcom want to acquire the Fibre Channel assets of Brocade Communications and sell off its IP networking business? #Broadcom, formerly Singapore-based #Avago Technologies, before their purchase of the well know chip maker (Broadcom) serving enterprise as well as consumer markets, said that it will purchase network gear maker Brocade Communications for $5.5 B. The move is said to expand the companies fibre channel and data storage businesses. The acquisition is one of several recent acquisitions in the semiconductor industry and represents further consolidation in the important, but niche, Fibre Channel market.

http://www.forbes.com/sites/tomcoughlin/2016/11/09/consolidation-in-the-fibre-channel-industry/#2fb74264f46a

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