- Comprehensive storage accelerator provides 12x lower flash
drive cost, faster read/write speeds, and increase in effective
storage.
MaxLinear, Inc. (Nasdaq: MXL), a leading provider of data
storage acceleration solutions for enterprise and data center
applications, today announced it will demonstrate the advanced
compression, encryption, and security performance of its storage
acceleration solution, Panther III, at the Future of Memory and
Storage (FMS) 2024 trade show from August 6-8, 2024. The demos will
show that Panther III can achieve up to 40 times more throughput,
up to 190 times better latency, and up to 1000 times less CPU
utilization than a software-only solution, leading to significant
cost savings in terms of flash drives and needed CPU cores.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240730309609/en/
MaxLinear to Showcase Panther III at
Future of Memory and Storage 2024 Trade Show (Photo: Business
Wire)
MaxLinear’s Panther III creates a bold new product category for
maximizing the performance of data storage systems - a
comprehensive, all-in-one “storage accelerator.” Unlike encryption
and/or compression solutions, MaxLinear’s Panther III consolidates
a comprehensive suite of storage acceleration functions, including
compression, deduplication, encryption, data protection, and
real-time validation, in a single hardware-based solution. Panther
III is engineered to offload and expedite specific data processing
tasks, thus providing a significant performance boost, storage cost
savings, and energy savings compared to traditional software-only,
FPGA, and other competitive solutions.
“Panther III meets the needs of both data center administrators,
who are desperate for power efficiency and cost-saving storage
solutions with the rise of AI, and also dataset owners – who want
to store and access their data quickly, securely, and accurately,”
said Vikas Choudhary, Vice President of Ethernet & Storage
Accelerators at MaxLinear. “Panther III represents a significant
advancement in data storage systems technology, offering an
unmatched solution for how the world of data management and storage
is rapidly evolving.”
The data storage market is showing enormous growth, driven
largely by the rise of AI. According to a report published in 2024
by Fortune Business Insights, the global cloud storage market size
was valued at $108.69 billion in 2023 and is projected to grow to
$665 billion by 2032, with a CAGR of 22.4% during the forecast
period. This growth is driving an adjacent surge in power usage. A
report from the International Energy Agency (IEA) found that the
460 terawatt-hours (TWh) consumed by data centers in 2022
represented 2% of all global electricity usage. Much of that was
driven by computing and cooling functions within data centers.
Further, the Uptime Institute predicts AI will account for 10% of
the data center industry's global power use by 2025.
Panther III Lowers Total Cost of Ownership of Data Storage
Systems
MaxLinear's Panther III introduces a paradigm shift in cost
efficiency in two ways: Reducing the number of CPU cores needed for
common storage operation like encryption and compression; and,
through a 12:1 data reduction ratio, reducing the cost per GB of
flash drives needed for storage.
Software-only solutions for data compression and encryption,
while flexible, come with significant hidden costs, primarily due
to their reliance on CPU cores. In scenarios where high data
throughput is required, the number of CPU cores needed can be
staggering. For instance, achieving a data throughput rate of
200Gbps using traditional software based Deflate compression and
SHA256 hash requires approximately 3,100 CPU cores. Given that the
cost of a CPU core is estimated at $50, the total cost for the CPU
cores alone would amount to $157,000. Panther III achieves the same
200Gbps data throughput rate using just three CPU cores.
With regards to flash drives, Panther III provides significant
cost savings. With a 1U AFA storage server equipped with eight 1TB
NVMe drives, each drive costs approximately $240. This setup
provides a raw storage capacity of 8TB. However, when factoring in
typical storage overheads and the lack of compression, the
effective capacity remains limited. In this scenario, the system
storage cost is 25 cents per GB, which can quickly escalate as data
storage needs grow. With a 12:1 data reduction ratio, Panther III
significantly increases the effective storage capacity of NVMe
drives. In the example of an 8-drive 1U AFA storage server, Panther
III transforms the effective capacity from 8TB to a remarkable
96TB. This dramatic enhancement means that organizations can store
substantially more data on fewer drives, leading to significant
cost savings.
About MaxLinear’s Demos at FMS 2024
MaxLinear will showcase demonstrations of the Panther III
storage accelerator. The first will highlight the power of
offloading with a single Panther III card delivering 200G
throughput, showcasing increased memory bandwidth and enhanced
power savings. Attendees will witness how Panther III’s hardware
acceleration outperforms traditional software solutions,
efficiently handling intensive workloads with superior performance
and reduced energy consumption.
The second demonstration will display the seamless scalability
of Panther III with multiple cards working in unison within a
single server. This demo will emphasize the scalability and
performance benefits that data center customers can achieve,
showing firsthand how Panther III maintains high performance,
ultra-low latency and efficiency as it scales with minimal power
usage.
Join MaxLinear at Booth 515 at the FMS: Future of Memory and
Storage 2024 trade show to explore the latest innovations in
storage acceleration technology and discover how Panther III can
elevate your data center performance to new heights.
About MaxLinear, Inc.
MaxLinear, Inc. (Nasdaq: MXL) is a leading provider of radio
frequency (RF), analog, digital, and mixed-signal integrated
circuits for access and connectivity, wired and wireless
infrastructure, and industrial and multimarket applications.
MaxLinear is headquartered in Carlsbad, California. For more
information, please visit https://www.maxlinear.com/.
MaxLinear, the MaxLinear logo, any other MaxLinear trademarks
are all property of MaxLinear, Inc. or one of MaxLinear's
subsidiaries in the U.S.A. and other countries. All rights
reserved.
All third-party marks and logos are trademarks or registered
trademarks of their respective holders/owners.
Cautionary Note About Forward-Looking Statements
This press release contains “forward-looking” statements within
the meaning of federal securities laws. Forward-looking statements
include, among others, statements concerning or implying future
financial performance, anticipated product performance and
functionality of our products or products incorporating our
products, and industry trends and growth opportunities affecting
MaxLinear, in particular statements relating to MaxLinear’s Panther
III storage acceleration solution, including but not limited to,
with respect to anticipated growth in AI, power usage and the data
storage market and the functionality, performance and the benefits
of use of the Panther III storage acceleration solution. These
forward-looking statements involve known and unknown risks,
uncertainties, and other factors that may cause actual results to
differ materially from any future results expressed or implied by
these forward-looking statements. We cannot predict whether or to
what extent these new and existing products will affect our future
revenues or financial performance. Forward-looking statements are
based on management’s current, preliminary expectations and are
subject to various risks and uncertainties that could cause actual
results to differ materially from those described in the
forward-looking statements. Forward-looking statements may contain
words such as “will be,” “will,” “expected,” “anticipate,”
“continue,” or similar expressions and include the assumptions that
underlie such statements. The following factors, among others,
could cause actual results to differ materially from those
described in the forward-looking statements: risks relating to the
development, testing, and commercial introduction of new products
and product functionalities; risks relating to our terminated
merger with Silicon Motion and related arbitration and class action
complaint and the risks related to potential payment of damages;
the effect of intense and increasing competition; impacts of global
economic conditions; the cyclical nature of the semiconductor
industry; a significant variance in our operating results and
impact on volatility in our stock price, and our ability to sustain
our current level of revenue, which has declined, and/or manage
future growth effectively, and the impact of excess inventory in
the channel on our customers’ expected demand for certain of our
products; the geopolitical and economic tensions among the
countries in which we conduct business; increased tariffs, export
controls or imposition of other trade barriers; our ability to
obtain or retain government authorization to export certain of our
products or technology; risks related to the loss of, or a
significant reduction in orders from major customers; costs of
legal proceedings or potential violations of regulations;
information technology failures; a decrease in the average selling
prices of our products; failure to penetrate new applications and
markets; development delays and consolidation trends in our
industry; inability to make substantial research and development
investments; delays or expenses caused by undetected defects or
bugs in our products; substantial quarterly and annual fluctuations
in our revenue and operating results; failure to timely develop and
introduce new or enhanced products; order and shipment
uncertainties; failure to accurately predict our future revenue and
appropriately budget expenses; lengthy and expensive customer
qualification processes; customer product plan cancellations;
failure to maintain compliance with government regulations; failure
to attract and retain qualified personnel; any adverse impact of
rising interest rates on us, our customers, and our distributors
and related demand; risks related to compliance with privacy, data
protection and cybersecurity laws and regulations; risks related to
conforming our products to industry standards; risks related to
business acquisitions and investments; claims of intellectual
property infringement; our ability to protect our intellectual
property; risks related to security vulnerabilities of our
products; use of open source software in our products; and failure
to manage our relationships with, or negative impacts from, third
parties. In addition to these risks and uncertainties, investors
should review the risks and uncertainties contained in MaxLinear’s
filings with the United States Securities and Exchange Commission,
including risks and uncertainties arising from other factors
affecting the business, operating results, and financial condition
of MaxLinear, including those set forth in MaxLinear’s most recent
Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and
Current Reports on Form 8-K, as applicable. All forward-looking
statements are qualified in their entirety by this cautionary
statement. MaxLinear is providing this information as of the date
of this release and does not undertake any obligation to update any
forward-looking statements contained in this release as a result of
new information, future events, or otherwise.
Market Information
This press release contains statistical data, estimates and
forecasts that are based on independent industry publications or
other publicly available information. This information involves
many assumptions and limitations, and you are cautioned not to give
undue weight to such information. We have not independently
verified the accuracy or completeness of the information contained
in the industry publications and other publicly available
information. Accordingly, we make no representations as to the
accuracy or completeness of that information nor do we undertake to
update such information after the date of this press release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240730309609/en/
MaxLinear, Inc. Press Contact: Matthew Lea Head of Public
Relations Tel: +1 760.415.2529 mlea@maxlinear.com
MaxLinear (NASDAQ:MXL)
Historical Stock Chart
From Nov 2024 to Dec 2024
MaxLinear (NASDAQ:MXL)
Historical Stock Chart
From Dec 2023 to Dec 2024
