Intel Editorial: Intel to Acquire Barefoot Networks, Accelerating Delivery of Ethernet-Based Fabrics
June 10 2019 - 7:30PM
Business Wire
An Emerging Leader in Ethernet Switch
Silicon for the Data Center, Barefoot Networks will Help Intel’s
Data Center Group Meet the Rapidly-Changing Needs of Hyperscale
Cloud Customers
The following is an opinion editorial by Navin Shenoy of Intel
Corporation.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20190610005789/en/
Navin Shenoy is executive vice president
and general manager of the Data Center Group at Intel Corporation.
(Credit: Intel Corporation)
Intel’s customers operate in a world that is growing and
transforming by leaps and bounds. We’ve discussed previously the
amazing fact that over half of the world’s data was generated in
the past two years and only 2% of that data has been analyzed.
Driven by that reality, we’re always asking ourselves how we can
better enable our customers to harness the potential of this data,
by moving, storing and processing it with the speed and efficiency
that they demand.
An essential part of the equation is providing data center
interconnects that can keep pace with our customers’ extraordinary
and growing requirements. This is why interconnect is one of our
six technology pillars in which we are investing to serve our
customers.
With this in mind, Intel has signed an agreement to acquire
Barefoot Networks, an emerging leader in Ethernet switch silicon
and software for use in the data center, specializing in the
programmability and flexibility necessary to meet the performance
and ever-changing needs of the hyperscale cloud. Upon close, the
addition of Barefoot Networks will support our focus on end-to-end
cloud networking and infrastructure leadership, and will allow
Intel to continue to deliver on new workloads, experiences and
capabilities for our data center customers.
Led by Dr. Craig Barratt and based in Santa Clara, California,
the Barefoot Networks team is a great complement to our existing
connectivity offerings. Barefoot Networks will add deep expertise
in cloud network architectures, P4-programmable high-speed data
paths, switch silicon development, P4 compilers, driver software,
network telemetry and computational networking. Most important,
this is one of the most talented and experienced teams in this
domain in the industry. We look forward to welcoming Dr. Barratt
and his team to the Intel family once the transaction closes, which
is expected to be in the third quarter of 2019.
We look forward to serving Barefoot Networks’ current customers,
and to introducing its innovative programmable networking paradigm
to more customers around the world.
Navin Shenoy is executive vice president and general manager of
the Data Center Group at Intel Corporation.
About Intel
Intel (NASDAQ: INTC), a leader in the semiconductor industry, is
shaping the data-centric future with computing and communications
technology that is the foundation of the world’s
innovations. The company’s engineering expertise is helping
address the world’s greatest challenges as well as helping secure,
power and connect billions of devices and the infrastructure of the
smart, connected world – from the cloud to the network to the edge
and everything in between. Find more information about Intel at
newsroom.intel.com and intel.com.
Intel and the Intel logo are trademarks of Intel Corporation in
the United States and other countries.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190610005789/en/
William Moss650-521-1754william.moss@intel.com
Intel (NASDAQ:INTC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Intel (NASDAQ:INTC)
Historical Stock Chart
From Apr 2023 to Apr 2024