Cavium Announces Financial Results for Q4 2017

SAN JOSE, Calif., January 31, 2018 – Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced financial results for the fourth quarter ended December 31, 2017. Due to the pending merger with Marvell Technology Group Ltd. (“Marvell”), the Company will not schedule an earnings conference call.

Net revenue in the fourth quarter of 2017 was $260.4 million, a 3.3% sequential increase from the $252.0 million reported in the third quarter of 2017 and 15.1% from the $226.2 million reported in the fourth quarter of 2016.

Generally Accepted Accounting Principles (GAAP) Results
Net loss for the fourth quarter of 2017 was $1.1 million, or ($0.02) per diluted share, compared to $6.2 million, or ($0.09) per diluted share in the third quarter of 2017. Gross margins were 53.9% in the fourth quarter of 2017 compared to 54.6% in the third quarter of 2017. As a percentage of revenue, GAAP loss from operations was 4.7% in the fourth quarter of 2017 compared to GAAP operating income of 0.2% in the third quarter of 2017. Total cash and cash equivalents were $140.5 million at December 31, 2017.

The GAAP results of operations in the fourth quarter of 2017 included an income tax benefit of $11.1 million as a result of the Company’s preliminary assessment of the impact of the newly enacted U.S. Tax Reform. On December 22, 2017, the United States enacted tax reform legislation through the Tax Cuts and Jobs Act (the “Act”), which significantly changes the existing U.S. tax laws. Major reforms in the legislation include a reduction in the corporate tax rate from 35.0% to 21.0%, and a move from a worldwide tax system to a territorial system. As a result of enactment of the legislation, the Company recognized a tax benefit mentioned above due to the reduction in its net long term deferred tax liabilities recorded on its consolidated balance sheet. Although the Company believes the amount of recognized tax benefit is a reasonable estimate of the income tax effects of the Act, it should be considered provisional and may differ from the amounts that will be reported in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017 as the Company continuously refines its assessment of the impact. Further, the final assessment of the impact of the Act may differ due to and among other things, changes in interpretations, assumptions made by the Company, the issuance of additional guidance, and actions the Company may take as a result of tax reform. The SEC has issued rules which allow for a measurement period of up to one year after the enactment date of the Act to finalize the accounting for the related tax impacts. Any adjustments to these provisional amounts will be reported as a component of income tax expense or benefit in the reporting period in which any such adjustments are determined, which will be no later than the fourth quarter of 2018.

Non-GAAP Results
Cavium believes that the presentation of non-GAAP financial measures provides important supplemental information to management and investors regarding financial and business trends relating to Cavium’s financial condition and results of operations. Cavium believes that these non-GAAP financial measures provide additional insight into Cavium’s ongoing performance and core operational activities and has chosen to provide these measures for more consistent and meaningful comparison between periods. These measures should only be used to evaluate Cavium’s results of operations in conjunction with the corresponding GAAP measures. The Non-GAAP results exclude the effect of stock-based compensation and related payroll taxes, amortization of acquisition related assets, acquisition related inventory charges, acquisition and integration related costs, tax reform impact and acquisition related tax adjustment. The acquisition and integration related costs in the fourth quarter of 2017 included various transaction-related charges associated with the pending Merger with Marvell, primarily financial advisory and outside legal fees. The reconciliation between GAAP and non-GAAP financial results is provided in the financial statements portion of this release.

In the fourth quarter of 2017, Non-GAAP net income was $60.8 million, or $0.83 per diluted share, Non-GAAP gross margin was 65.2% and Non-GAAP income from operations as a percentage of revenue was 24.2%.

Recent News Highlights    

• January 23, 2018 - Cavium FastLinQ® Enables Scalable Networking for HyperConverged Infrastructure
• December 5, 2017 - Cavium Partners with IBM for Next Generation Platforms by Joining OpenCAPI
• November 28, 2017 - Cavium FastLinQ® Delivers Advanced Networking I/O for HPE Gen 10 Servers
• November 20, 2017 - Marvell and Cavium to Combine Creating an Infrastructure Solutions Powerhouse
• November 14, 2017 - Microsemi Announces Adaptec Smart Storage Adapter Support for Cavium ThunderX2 ARM-Based CPUs
• November 13, 2017 - HPE Helps Businesses Capitalize on High Performance Computing and Artificial Intelligence Applications with New High-Density Compute and Storage
• November 13, 2017 - Cray Catapults Arm-Based Processors Into Supercomputing
• November 13, 2017 - GIGABYTE Announces Production Availability of Cavium's ThunderX2-based Server Portfolio
• November 13, 2017 - Ingrasys Announces Production Systems Based on Cavium's ThunderX2 Processor
• November 13, 2017 - Cavium and Leading Partners to Showcase ThunderX2™ Arm-based Server Platforms and FastLinQ® Ethernet Adapters for High Performance Computing at SC17
• November 8, 2017 - Cavium™ ThunderX2 Motherboard Specification for Microsoft's Project Olympus Contributed to the Open Compute Project
• November 7, 2017 - University of Michigan Partners with Cavium™ on Big Data Computing Platform for U-M Researchers

About Cavium
Cavium, Inc. (NASDAQ: CAVM), offers a broad portfolio of infrastructure solutions for compute, security, storage, switching, connectivity and baseband processing. Cavium’s highly integrated multi-core SoC products deliver software compatible solutions across low to high performance points enabling secure and intelligent functionality in Enterprise, Data Center and Service Provider Equipment. Cavium processors and solutions are supported by an extensive ecosystem of operating systems, tools, application stacks, hardware reference-designs and other products. Cavium is headquartered in San Jose, CA with design centers in California, Massachusetts, India, Israel, China and Taiwan. For further information, please visit the investor relations section of the Cavium web site at http://www.cavium.com.

Cavium Contact:
Angel Atondo
Senior Marketing Communications Manager
Tel: (408) 943-7417  
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University of Michigan Partners with Cavium on Big Data Computing Platform for U-M Researchers

Cavium’s ThunderX Workload optimized processor with Hortonworks HDP® to Provide Scalable Storage and Analytic Software Framework

SAN JOSE, CA, November 07, 2017 – Cavium™, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable secure and intelligent processing for enterprise, data center, wired and wireless networking and the University of Michigan today announced a new partnership that will position U-M as a leader in data-intensive scientific research by creating a powerful Big Data computing cluster using dual socket servers powered by Cavium’s ThunderX® ARMv8-A workload optimized processors.

The ThunderX product family is Cavium’s 64-bit ARMv8-A server processor for next generation Data Center and Cloud applications, and features high performance custom cores, single and dual socket configurations, high memory bandwidth and large memory capacity. The product family also includes integrated hardware accelerators, integrated feature rich high bandwidth network and storage IO, fully virtualized core and IO, and scalable high bandwidth, low latency Ethernet fabric, which affords ThunderX best-in-class performance per dollar and watt. They are fully compliant with ARMv8-A architecture specifications as well as ARM’s SBSA and SBBR standards, and widely supported by industry leading OS, Hypervisor and Software tool and application vendors.

The $3.5 million ThunderX computing cluster will enable U-M researchers to, for example, process massive amounts of data generated by remote sensors in distributed manufacturing environments, or by test fleets of automated and connected vehicles.

U-M and Cavium chose to run the cluster on Hortonworks Data Platform (HDP®) which is based on open source Apache™ Hadoop.  The ThunderX cluster will deliver high performance compute services for the Hadoop analytics and ultimately a total of 3 petabytes of storage space.

"U-M scientists are conducting groundbreaking research in Big Data already, in areas like connected and automated transportation, learning analytics, precision medicine and social science,” said Eric Michielssen, Associate Vice President for Advanced Research Computing (ARC). "This partnership with Cavium will accelerate the pace of data-driven research and opening up new avenues of inquiry."

“I know from experience that U-M researchers are capable of amazing discoveries,” said Syed Ali, MSEE ‘81, founder and CEO of Cavium.  “Cavium is honored to help break new ground in Big Data research at one of the top universities in the world.”

“Hortonworks is excited to be a part of forward leading research at University of Michigan exploring low-powered, high performance computing,” said Nadeem Asghar, Vice President and Global Head Technical Alliances at Hortonworks.  “We see this as a great opportunity to further expand the platform and segment enablement for Hortonworks and the ARM community.”

Alec Gallimore, Dean of the U-M College of Engineering, said the Cavium partnership is a milestone in the development of the college and the university.  “It is clear that the ability to rapidly gain insights into vast amounts of data is key to the next wave of engineering and science breakthroughs,” he said. “Without a doubt, the Cavium platform will allow our faculty and researchers to harness the power of Big Data, both in the classroom and in their research.” 

About Cavium
Cavium, Inc. (NASDAQ: CAVM) offers a broad portfolio of infrastructure solutions for compute, security, storage, switching, connectivity, and baseband processing. Cavium’s highly integrated multi-core SoC products deliver software compatible solutions across low to high performance points enabling secure and intelligent functionality in Enterprise, Datacenter and Service Provider Equipment. Cavium processors and solutions are supported by an extensive ecosystem of operating systems, tools, application stacks, hardware-reference designs, and other products. Cavium is headquartered in San Jose, CA with design centers in California, Massachusetts, India, Israel, China, and Taiwan. For more information about the Company, please visit: http://www.cavium.com/.

Cavium Contact
Angel Atondo
Sr. Marketing Communications Manager
Cavium, Inc.
Telephone: +1 408-943-7417
Email: angel.atondo@cavium.com

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Cavium Joins the OpenMP Effort

31 vendors and research organizations now collaborating on developing standard parallel programming model

Austin, Texas — September 12, 2017 – The OpenMP ARB, a group of leading hardware and software vendors and research organizations that create the OpenMP standard parallel programming specification, today announced that Cavium, Inc., a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, service provider wired and wireless networking has joined as a new member.

“Cavium’s membership in the OpenMP ARB further highlights our strong belief in industry’s demand for parallel computing and the significance of the ARM Architecture,” said Avinash Sodani, Distinguished Engineer at Cavium. “Cavium’s strong product portfolio includes ThunderX2, a compelling server-class, multi-core ARMv8 CPU suited for the most demanding compute workloads. We look forward to working with other OpenMP members in furthering OpenMP standards to meet the challenges of the Exascale era.”

“We are pleased that Cavium, Inc. has joined the OpenMP ARB and will help strengthen OpenMP support in the ARM software ecosystem,” says Michael Klemm, CEO of the OpenMP ARB.


About OpenMP
The OpenMP ARB has a mission to standardize directive-based multi-language high-level parallelism that is performant, productive and portable. Jointly defined by a group of major computer hardware and software vendors, the OpenMP API is a portable, scalable model that gives parallel programmers a simple and flexible interface for developing parallel applications for platforms ranging from embedded systems and accelerator devices to multicore systems and shared-memory systems. The OpenMP ARB owns the OpenMP brand, oversees the OpenMP specification and produces and approves new versions of the specification. Further information can be found at http://www.openmp.org/.

About Cavium
Cavium, Inc. offers a broad portfolio of infrastructure solutions for compute, security, storage, switching, connectivity and baseband processing. Cavium’s highly integrated multi-core SoC products deliver software compatible solutions across low to high performance points enabling secure and intelligent functionality in Enterprise, Data center and Service Provider Equipment. Cavium processors and solutions are supported by an extensive ecosystem of operating systems, tools, application stacks, hardware reference designs and other products. Cavium is headquartered in San Jose, CA with design centers in California, Massachusetts, India, Israel, China and Taiwan. For more information, please visit http://www.cavium.com.

Contacts

OpenMP Architecture Review Board
Matthijs van Waveren
Marketing Coordinator
Email: info@openmp.org

Cavium Media Contact
Angel Atondo, Sr. Marketing Communications Manager
Phone: +1-408-943-7417
E-mail: angel.atondo@cavium.com

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Cavium Schedules Q2 2017 Financial Results Conference Call

SAN JOSE, Calif., July 5, 2017 – Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable secure and intelligent processing for enterprise, data center, cloud wired and wireless networking, has scheduled its second quarter 2017 financial results conference call for 2:00 p.m. Pacific Time on Wednesday, August 2, 2017. Cavium will release the company’s second quarter financial results approximately one hour prior to the conference call.

The Cavium financial results conference call will be available via a live webcast on the investor relations section of the Cavium web site at http://www.cavium.com. Please access the web site at least a few minutes prior to the start of the call if you need to download and install any necessary audio software. An archived webcast replay will be available on the web site for a limited period.

About Cavium
Cavium, Inc. (NASDAQ: CAVM), offers a broad portfolio of infrastructure solutions for compute, security, storage, switching, connectivity and baseband processing. Cavium’s highly integrated multi-core SoC products deliver software compatible solutions across low to high performance points enabling secure and intelligent functionality in Enterprise, Data Center and Service Provider Equipment. Cavium processors and solutions are supported by an extensive ecosystem of operating systems, tools, application stacks, hardware reference-designs and other products. Cavium is headquartered in San Jose, CA with design centers in California, Massachusetts, India, Israel, China and Taiwan.

Media Contact
Angel Atondo
Sr. Marketing Communications Manager
Cavium, Inc.
Telephone: +1 408-943-7417
Email: angel.atondo@cavium.com

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Cavium and China Unicom Announce Trials of M-CORD NFV/5G Platforms in China

Demonstrates platform combining ThunderX® ARM V8.1 workload optimized data center server processors and XPliant® SDN fabric at Mobile World Congress Shanghai 2017

SAN JOSE, CA, and SHANGHAI, CHINA June 28, 2017 – Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable secure and intelligent processing for enterprise, data center, wired and wireless networking and China Unicom today announced a targeted program for testing 5G target use cases on M-CORD SDN/NFV platform by using Cavium silicon-based white box hardware in M-CORD racks populated with ThunderX® ARM-based data center COTS servers and XPliant® programmable SDN Ethernet switch-based white box switches.

China Unicom and Cavium will shortly commence trials in several locations in mainland China to explore the new service.

Cavium and China Unicom will demonstrate Multi-access Edge Computing (MEC) use cases developed through previously announced collaboration with China Unicom utilizing the ON.Lab M-CORD (Mobile Central Office Re-architected as data center) SDN/NFV platform at the Mobile World Congress Shanghai from Jun 28th – Jun 30th 2017. The conference will take place at the Shanghai New International Expo Centre (SNIEC), in the China United Network Communications Group Co., Ltd (“China Unicom”) booth at stand location W4.B20.

This M-CORD SDN/NFV software platform and hardware rack are fully integrated with virtualized and disaggregated mobile infrastructure elements from the edge of the Radio Access Network (RAN) to distributed mobile core and the ONOS and XOS SDN and orchestration software. It allows for a virtually turn-key operation in any central office or edge data center for a full NFV C-RAN deployment. The solution is a full Cavium powered rack combining the ThunderX® ARM based data center servers with the award winning highly programmable XPliant Ethernet leaf and spine SDN switches which enable a compelling platform for M-CORD.

“We are very excited to collaborate with China Unicom to explore 5G target use cases leveraging the M-CORD SDN/NFV platform and to work towards field deployment. A homogenous hardware architecture fully optimized for NFV and 5G functions is a key pre-requisite for field deployments,” said Raj Singh Vice President & General Manager of the Network & Communication Group at Cavium. “This differentiated and highly scalable implementation of M-CORD platform using Cavium silicon based white box hardware will allow operators such as China Unicom to rapidly implement next generation network topologies.”

“Our collaboration with Cavium continues to deliver real progress and we are looking forward to trying M-CORD and virtualized RAN implementation in our network,” said Dr. Tang Xiongyan, Chief Scientist of Network Technology Research Institute, China Unicom. “We believe that our partnership will provide significant benefits to both parties.”

About Cavium
Cavium, Inc. (NASDAQ: CAVM) offers a broad portfolio of infrastructure solutions for compute, security, storage, switching, connectivity, and baseband processing. Cavium’s highly integrated multi-core SoC products deliver software compatible solutions across low to high performance points enabling secure and intelligent functionality in Enterprise, Data Center and Service Provider Equipment. Cavium processors and solutions are supported by an extensive ecosystem of operating systems, tools, application stacks, hardware-reference designs, and other products. Cavium is headquartered in San Jose, CA with design centers in California, Massachusetts, India, Israel, China, and Taiwan. For more information about the Company, please visit: http://www.cavium.com/.

About China Unicom 
China Unicom was officially established on 15 October 2008, and is committed to forging itself into a world-leading innovative ICT service provider. As of 2015, China Unicom is ranked 207 among the Fortune Global 500. As a leading operator providing both fixed-line and mobile services in China, the subscriber number of fixed service and mobile service is more than 300 million, and its service covers 31 provincial branches and 7 overseas operations. It has about 400,000 employees. For more information about China Unicom, please visit  http://www.chinaunicom.com.cn

Media Contact
Angel Atondo
Sr. Marketing Communications Manager
Cavium, Inc.
Telephone: +1 408-943-7417
Email: angel.atondo@cavium.com

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Cavium Expands the ThunderX2 Server Ecosystem for Cloud and HPC Applications

Rapid Growth of System Vendors and Configuration Options Fueling Ecosystem Expansion 

Frankfurt, Germany and San Jose, California – June 19, 2017 – Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable secure and intelligent processing for enterprise, datacenter, cloud, wired and wireless networking, continues to aggressively expand the ThunderX2 server ecosystem with a broad array of commercial and open source partners.  

Demonstrating success in working closely with software developers and communities since the initial launch of ThunderX^®, Cavium has established a significant ecosystem that spans Operating Systems, Development Environments, Tools, and Applications.  An increasing array of hosted options such as Packet.Net and the online Scaleway^® cloud service offerings, combined with a rich set of single and dual-socket ODM and OEM platforms that include and OCP configurations, allow developers to easily build, develop, and deploy their software on ThunderX based platforms.

The ThunderX2 product family is Cavium's second-generation 64-bit ARMv8-A server processor SoCs for datacenter, cloud and high-performance computing (HPC) applications. The family integrates fully out-of-order, high-performance custom cores supporting single- and dual-socket configurations. ThunderX2 is optimized to drive high computational performance delivering outstanding memory bandwidth and memory capacity. The new line of ThunderX2 processors includes multiple workload optimized SKUs for both scale up and scale out applications and is fully compliant with ARMv8-A architecture specifications as well as the ARM Server Base System Architecture and ARM Server Base Boot Requirements standards.

With increasing HPC end user deployments, Cavium has directly delivered key open source software contributions that are particularly targeted for compute-specific applications, such as optimizations for GCC, LLVM, and OpenBLAS.  Cavium continues to actively contribute to the upstream kernel.org enablement for ThunderX2 that supports close collaboration with leading Linux OS partners: Canonical, Red Hat, and SUSE.  OpenHPC is a growing community for software and best practices that Cavium has actively supported with reference systems for ARM based build, test, and validation activities.  Building on the open source software that OpenHPC is delivering, many of Cavium’s commercial partners are expanding their commercial support for ThunderX and ThunderX2.

   

“We have tested and supported Cavium technology since 2015, within the second phase of the Mont-Blanc project, and we recently announced a new Mont-Blanc system based on ThunderX2 developed by Bull atos technologies within the third phase of Mont-Blanc,” says Filippo Mantovani, Senior researcher at Barcelona Supercomputing Center and principal investigator of the Mont-Blanc project. “The collaboration with Cavium has aligned with needs of the HPC community. The development of the PAPI support for the ThunderX SoC has been a great example of this and I am sure we will continue working together for enhancing the ARM ecosystem,” concludes Mantovani.

"The HPC partner community that Cavium is driving on ThunderX2 is further recognition of the growing demand for alternative solutions to solve today’s most significant compute-based problems," said Larry Wikelius, Vice President of the Software Ecosystem and Solutions Group at Cavium, Inc. "With both commercial and open source alternatives ThunderX2 end users can quickly deploy and manage these platforms in the most optimal fashion with support for the critical development environments and applications they require."

Supporting Partner Quotes

Altair

“Altair is excited to be working with Cavium to deliver key Altair software products and solutions on the ThunderX2 family of processors.   With a proven track record in the HPC community, Altair’s expertise brings tremendous value to the ThunderX2 platform and will address key end user requirements for workload management and application support.   This collaboration has already delivered results with the initial availability of Thea Render, a high-performance CPU and NVIDIA GPU rendering solution, on ThunderX.  Using Thea Render technology, ThunderX is now able to provide complex photorealistic imagery for applications such as architectural visualization, product design and automotive engineering.  Additionally, PBS Pro supports ARM today, both as part of the pbspro.org open source project and as part the OpenHPC community stack.  Altair is partnering with Cavium to ensure the next major commercial release of PBS Pro will support the ThunderX2.”   Piush Patel - Vice President, Corporate Development for HPC & Cloud

 AMI  

“American Megatrends considers Cavium as a key partner in our push to expand our server design support capabilities, particularly for the rapidly growing hyperscale market segment. Beginning with the introduction of the original Thunder X platform, AMI and Cavium have a strong history of collaboration, delivering the most complete Firmware / Platform Management solution available for today’s scale-out data center and cloud markets,” said Subramonian Shankar, President, Founder and CEO of American Megatrends. “With our proven track record for Aptio® V UEFI Firmware and MegaRAC® SP-X Management Solutions we are confident that our system partners will benefit greatly from this partnership. In fact, we have already seen this partnership begin to bear fruit in a growing number of rewarding customer engagements. As such, we look forward to continuing to build on our partnership with Cavium and to offer integral support for their products.”

ARM

“The availability of Cavium ThunderX2 processors specifically designed for HPC is a major milestone toward the wide adoption of the ARM architecture in HPC and Cloud,” said Javier Orensanz, General Manager, Development Solutions Group, ARM. “ARM and Cavium have been working closely with many partners to develop and expand the rich ARM-ready ecosystem for HPC. As a result of our collaboration, ARM’s commercially supported compilers and libraries are delivering an increasing number of performance optimizations targeted to HPC applications running on ThunderX2.”

Bright Computing

“Since announcing our partnership in 2015, Bright Computing has worked closely with Cavium’s engineering team to bring Bright’s cluster management software to Cavium’s ThunderX platform.  With a number of mutual clients already expressing interest in leveraging the power of Bright to manage their ARM estate, we are excited by the introduction of Cavium’s ThunderX2 technology and expect this to accelerate the demand.  Bright Computing is proud to be included in Cavium’s ecosystem of partners, and we look forward to playing an important role in empowering Cavium customers to deploy and manage their Cavium-based platforms, quickly and easily.”  Lee Carter – VP WW Alliances Bright Computing

Canonical

“Today’s announcement extends the long-standing partnership between Canonical and Cavium as we continue to combine our core expertise to bring innovative cloud and HPC solutions to the ARMv8-A server market via ThunderX2 and Ubuntu 16.04 LTS”, said Anand Krishnan, EVP of Cloud, Canonical.  "ThunderX2 with its HPC and cloud specific optimizations, together with Canonical’s bare metal provisioning (MAAS) and workload orchestration tools (Juju) deliver a solid platform for outstanding performance, deployments at scale and fully automated management.”

Linaro

"Cavium and its hardware platforms have been key to Linaro's open source collaborative engineering for more than five years," said George Grey, Linaro CEO. "In the last year, the work has accelerated rapidly, and Linaro now offers Cloud services to developers on member-based ARMv8 hardware located in the US, UK and China. This hardware includes Cavium's ThunderX, and is being used to work on open source projects including OpenStack, OpenHPC, enterprise optimizations and upstreaming of SVE implementations in GCC, LLVM and QEMU. The Linaro Developer Cloud and QEMU can now be used by ecosystem developers to bootstrap their applications for HPC and data center environments. We continue our strong partnership with Cavium, and we look forward to adding ThunderX2 support to the Linaro Developer Cloud in the near future."

Numerical Algorithms Group (NAG)

“NAG have been working closely with Cavium and ARM for several years. Cavium’s release of ThunderX2 is a significant step forward in ARM based hardware for the HPC market. Cavium’s second generation ARM server processor, the ThunderX2 offers real opportunities for HPC users. We look forward to continued collaboration with Cavium’s technical team and supporting the end-users.”  John Holden, VP Global Markets - Numerical Algorithms Group (NAG)

Red Hat

”From driving standards to delivering stable development platforms, our collaboration with Cavium in the ARM ecosystem has helped to solidify the basic underpinnings of ARM as a datacenter technology. As customer interest in ARM for next-generation use cases like cloud and high-performance computing begins to grow, Cavium’s contributions, along with those from Red Hat and many other community members, will help to codify how ARM-based systems can best run these modern workloads on emerging hardware and the role accelerators play in modern system designs.”  Jim Totton, Vice President and General Manager, Platforms Business Unit, Red Hat

Rogue Wave Software 

“Rogue Wave Software is pleased to partner with Cavium. Our TotalView for HPC product supports ThunderX2 platform users with high-scale debugging and detection of memory leaks on the platform,” says Martin Bakal, Principal Product Manager at Rogue Wave Software. “We’re also happy to announce our multi-language, Python and C/C++ support in TotalView version 2017.1 to make it even easier for users to debug and analyze the execution of their complex applications.”

SUSE

“Cavium is a key partner for SUSE as we jointly bring the advantages of Linux for 64-bit ARM processors to enterprise environments,” said Gerald Pfeifer, Vice President of Products and Technology Programs at SUSE. “Building a server ecosystem from the bottom up is an enormous job. With Cavium's support, we were able to deliver the first commercial Linux distribution for ARM with SUSE Linux Enterprise Server 12 and to enable OpenHPC for the ARM platform.”

About Cavium

Cavium, Inc. (NASDAQ: CAVM), offers a broad portfolio of infrastructure solutions for compute, security, storage, switching, connectivity and baseband processing. Cavium’s highly integrated multi-core SoC products deliver software compatible solutions across low to high performance points enabling secure and intelligent functionality in Enterprise, Datacenter and Service Provider Equipment. Cavium processors and solutions are supported by an extensive ecosystem of operating systems, tools, application stacks, hardware-reference designs and other products. Cavium is headquartered in San Jose, CA with design centers in California, Massachusetts, India, Israel, China and Taiwan. For more information about the Company, please visit: http://www.cavium.com/.

Media Contact:

Angel Atondo
Sr. Marketing Communications Manager

Cavium, Inc.
Telephone: +1 408-943-7417
Email: angel.atondo@cavium.com

Red Hat is a trademark or registered trademark of Red Hat, Inc. or its subsidiaries in the United States and other countries. Linux® is the registered trademark of Linus Torvalds in the United States and other countries.

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Cavium to Demonstrate Leading Datacenter, HPC and Next-generation Cloud Infrastructure Solutions at Red Hat Summit 2017

SAN JOSE, CA – May 2, 2017 – Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable secure and intelligent processing for enterprise, datacenter, cloud, wired and wireless networking, will demonstrate leading datacenter, HPC and next-generation cloud infrastructure solutions with ThunderX® running on Red Hat operating systems and applications at Red Hat Summit 2017. The conference will be hosted at the Boston Convention and Exhibition Center from May 2nd - 4th.

Red Hat Summit is the premier open source technology event to showcase the latest and greatest in cloud computing, platform, virtualization, middleware, storage, and systems management technologies.

The ThunderX product family is Cavium’s 64-bit ARMv8-A server processor for datacenter and cloud applications, and features high-performance custom cores, single- and dual-socket configurations, high memory bandwidth and large memory capacity. The product family also includes integrated hardware accelerators, integrated feature-rich high bandwidth network and storage IO, fully virtualized core and IO, and scalable high bandwidth, low latency Ethernet fabric, which affords ThunderX best-in-class ARMv8-A performance per dollar. They are fully compliant with ARMv8-A architecture specifications as well as ARM‘s SBSA and SBBR standards, and widely supported by industry-leading OS, Hypervisor and Software tool and application vendors.

Cavium will present the following product demonstrations in the ARM Ecosystem Showcase booth #426:

• ThunderX & ThunderX2™: 64–bit ARMv8–based SoC family of workload–optimized processors with a range of SKUs and form factors optimized for scale out workloads including volume compute, storage, secure compute and networking running Red Hat Enterprise Linux OS and key cloud workloads.
• Cavium OEM and Cloud partners will be presenting ThunderX platform demonstrations and ThunderX Web Hosting Solutions.
• Cavium Open Source and Application partners will be demonstrating software applications and expanding ARM server software ecosystem availability and maturity.

Cavium will also be participating at the Red Hat hosted panel session on ARM-based datacenters on Wednesday, May 3rd at 11:30 a.m. EDT in the Partner Theatre. A number of Cavium partners will also be participating at this panel including Packet, Linaro and ARM.

To schedule a meeting with Cavium, please contact your local sales account manager or Sales@cavium.com. Please enter Meeting at Red Hat Summit 2017.

About Cavium
Cavium, Inc. (NASDAQ: CAVM), offers a broad portfolio of infrastructure solutions for compute, security, storage, switching, connectivity and baseband processing. Cavium’s highly integrated multi-core SoC products deliver software compatible solutions across low to high performance points enabling secure and intelligent functionality in Enterprise, Datacenter and Service Provider Equipment. Cavium processors and solutions are supported by an extensive ecosystem of operating systems, tools, application stacks, hardware reference designs and other products. Cavium is headquartered in San Jose, CA with design centers in California, Massachusetts, India, Israel, China and Taiwan.

Media Contact:
Angel Atondo
Sr. Marketing Communications Manager
Telephone: +1 408-943-7417
Email: angel.atondo@cavium.com 

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Cavium and Microsoft Collaborate to Accelerate Cloud Services with ThunderX2™

SAN JOSE, Calif. March 8, 2017 – Cavium, Inc. (NASDAQ: CAVM), announced today that they are collaborating with Microsoft on evaluating and enabling a variety of cloud workloads running on Cavium’s flagship ThunderX2 ARMv8-A Data Center processor for the Microsoft Azure cloud platform.

The companies are also demonstrating web services on a version of Windows Server developed for Microsoft’s internal use running cloud services workloads on ThunderX2. The server platform is based on Microsoft’s Project Olympus – Microsoft’s next generation open source hyperscale cloud hardware design.  The demonstrations will be shown at the Open Compute Project (OCP) U.S. Summit in San Jose on March 8 and 9, 2017 and are the result of an extensive long term collaboration between the two companies.

The ThunderX2 product family is Cavium's second generation 64-bit ARMv8-A server processor SoCs for Data Center, Cloud and High Performance Computing applications. The family integrates fully out-of-order high performance custom cores supporting single and dual socket configurations. ThunderX2 is optimized to drive high computational performance delivering outstanding memory bandwidth and memory capacity. The new line of ThunderX2 processors includes multiple workload optimized SKUs for both scale up and scale out applications and is fully compliant with ARMv8-A architecture specifications as well as ARM's SBSA and SBBR standards. It is also widely supported by industry leading OS, Hypervisor and SW tool and application vendors.

Cavium’s hardware platform is fully compliant with Microsoft’s Project Olympus which is one of the most modular and flexible cloud hardware design in the data center industry. The platform integrates two ThunderX2 processors in a dual socket configuration. ThunderX2 SoC integrates a large number of fully out-of-order custom ARMv8-A cores with rich IO connectivity for accommodating a variety of peripherals for Azure, delivering excellent throughput and latency for cloud applications. The platform has been designed in collaboration with a leading server ODM supplier for Microsoft.

“Cavium is excited to work with Microsoft on ThunderX2,” said Gopal Hegde, VP/GM, Data Center Processor Group at Cavium. “ARM-based servers have come a long way with first generation ThunderX-based server platforms being deployed at multiple data centers, which enabled a critical mass of ecosystem partners for ARM. We see the second generation products helping to drive a tipping point for ARM server deployment across a mainstream set of volume applications. Microsoft’s support will help accelerate commercial deployment of ARMv8 server platforms for Data Centers and Cloud.”

Dr. Leendert van Doorn, Distinguished Engineer, Microsoft Azure, Microsoft Corp said, “We’re impressed with the innovation and competitiveness of the latest generation of ARM server processors, like ThunderX2, and are excited about the roadmap. Microsoft has developed a version Windows Server, for Microsoft’s internal use, that supports ARMv8.  We have also have been working closely with Cavium on ThunderX2 to support Microsoft’s Project Olympus design so they can be consumed in our data centers.”

About Cavium
Cavium, Inc. (NASDAQ: CAVM), offers a broad portfolio of infrastructure solutions for compute, security, storage, switching, connectivity and baseband processing. Cavium’s highly integrated multi-core SoC products deliver software compatible solutions across low to high performance points enabling secure and intelligent functionality in Enterprise, Data Center and Service Provider Equipment. Cavium processors and solutions are supported by an extensive ecosystem of operating systems, tools, application stacks, hardware reference designs and other products. Cavium is headquartered in San Jose, CA with design centers in California, Massachusetts, India, Israel, China and Taiwan.

Media Contact:

Angel Atondo
Sr. Marketing Communications Manager
Telephone: +1 408-943-7417
Email: angel.atondo@cavium.com 

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Cavium and China Unicom Sign Collaboration Agreement for Virtualized RAN Technology

Parties to work together to accelerate virtualized BBUs based on General-Purpose Processors

SAN JOSE, CA December 8th, 2016 - Today, Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for Enterprise, Telco, MSP and cloud data centers, announced an agreement with China Unicom to accelerate the design and development of Virtualized BBU and provide a path for 5G adoption. The collaboration will focus on commercializing vBBU systems using general purpose hardware based on Cavium’s ThunderX® workload optimized data server processors which are built on ARM architecture. In addition, Cavium has joined the China Unicom CORD Industry Alliance and will drive adoption of open source architecture and technologies in China together with China Unicom.

China Unicom and Cavium will work together on new innovative fronthaul solutions, system architecture and vBBU performance and deployment. This collaboration allows Cavium to align with China Unicom’s commercial networks technology development and innovation, research feasibility of Next Generation Virtualized Wireless Access Network, perform lab and field testing, evaluate results, drive deployment of developed technologies into commercial network, carry out lab and field performance test and assessment, accelerate pilot and application of new technical innovations in real-world networks.

“We are very pleased to collaborate with China Unicom in this critical area. As network capacity continues to be stretched and the user demands continue to grow the industry is faced with significant challenges which cannot be solved by traditional means,” said Raj Singh General Manager of the Wireless Broadband Group at Cavium. “The use of advanced general purpose hardware such as Cavium’s ThunderX workload optimized data severs allows us to provide a highly scalable virtualized solution for these requirements.”

“Virtualized network based on general purpose hardware and open source technologies represents the overall direction for future network changes. China Unicom partners with Cavium, a leader in virtualized BBU technology field, to drive R&D of virtualization products based on general purpose processors, thus laying a solid foundation for building new generation of network infrastructure,” said Dr. Tang Xiongyan, CTO of Network Technology Research Institute, China Unicom. 

About Cavium

Cavium, Inc. (NASDAQ: CAVM), offers a broad portfolio of integrated, software compatible processors ranging in performance from 1Gbps to 100Gbps that enable secure, intelligent functionality in Enterprise, Data Center, Broadband/Consumer, Mobile and Service Provider Equipment, highly programmable switches which scale to 3.2Tbps and Ethernet and Fibre Channel adapters up to 100Gbps. Cavium processors are supported by ecosystem partners that provide operating systems, tools and application support, hardware reference designs and other products. Cavium is headquartered in San Jose, CA with design centers in California, Massachusetts, India, China and Taiwan. For more information, please visit: http://www.cavium.com.

Media Contact

Angel Atondo

Sr. Marketing Communications Manager

Telephone: +1 408-943-7417

Email: angel.atondo@cavium.com

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Cavium to Showcase Highly Optimized Platforms for OpenStack Deployments at OpenStack Summit 2016

BARCELONA, SPAIN – Oct. 25, 2016 –Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, will showcase highly optimized platforms enabling OpenStack® deployments based on Cavium’s award-winning ThunderX®, LiquidIO® and FastLinQ™ Ethernet adapter product lines during OpenStack Summit being held in Barcelona Spain October 25 - 28.

OpenStack is the most widely deployed open source software for building clouds. Enterprises use OpenStack to support rapid deployment of new products, reduce costs and improve internal systems. Service providers use OpenStack to give customers reliable, easily accessible cloud infrastructure resources, supporting technologies including VMs, bare metal and containers.

Cavium's ThunderX ARMv8 based workload optimized processor integrates key capabilities that are critical for the most demanding Public and Private Cloud workloads. The OpenStack cloud infrastructure enables end users to fully utilize ThunderX features for critical workloads such as cloud storage with CEPH, Apache Hadoop for Big Data Analytics, distributed data bases such as MySQL and Cassandra and secure web serving with NGINX. ThunderX is also optimized for networking specific workloads such as Network Functions Virtualization (NFV) and Load-Balancing for Telco applications.

Cavium's LiquidIO II Intelligent Server adapters fully support and seamlessly integrate OpenStack software value-add functionality for application acceleration, network configuration and provisioning, security, and isolation in multi-tenant compute clusters. LiquidIO Open Virtual Switch (OVS) offload enables various Network Function Virtualization (NFV) and security features as a workload specific Virtual Network Function (VNF) or as a Service Function Chain (SFC) with seamless configuration and provisioning using OpenStack platform.

Cavium QLogic FastLinQ 45000 Series comprise the next generation of Ethernet adapters with the capability to support 10/25/40/50/100GbE while delivering a broad set of protocols, features, speeds and capabilities, including Universal RDMA, and stateless offloads for server and network virtualization. FastLinQ Ethernet Adapters are integrated with common OpenStack deployment and orchestration frameworks like Mirantis FUEL which enables OpenStack cloud deployments and operations to be simplified and accelerated.

Cavium will showcase the following ThunderX, LiquidIO and FastLinQ product lines in booth B36:

• ThunderX: 64–bit ARMv8 based SoC family of workload optimized processors with a range of SKUs and form factors optimized for hyperscale data centers targeting cloud computing and NFV, which include volume compute, storage, secure compute and networking specific workloads.
• Software Ecosystem partners supporting ThunderX including Canonical, Red Hat and SUSE
• LiquidIO: 10/25/40GbE Intelligent Server and network appliance adapters accelerating network performance for SDN and NFV application by offloading Open vSwitch and standard Overlay tunnel protocols with OpenStack API services and plugins. Cloud data centers benefit with additional high performance security and storage offloads including IPsec protocol acceleration with the highest performance and low CPU utilization.
• QLogic FastLinQ™ – 10/25/40/50/100GbE Ethernet adapters that accelerate the deployment of OpenStack by delivering the ability to orchestrate and manage an OpenStack deployment with technologies like the Plug-in for Mirantis® Fuel for automatic SR-IOV configuration, QConvergeConsole (QCC) for OpenStack physical and logical topology maps and ability to deliver QoS for network functions.

To schedule a meeting with Cavium during OpenStack Summit, please contact your local sales account manager or Lilly Ly (lly@cavium.com).

About Cavium 
Cavium, Inc. (NASDAQ: CAVM), is a leading provider of highly integrated semiconductor products that enable intelligent processing in enterprise, data center, cloud and wired and wireless service provider applications. Cavium offers a broad portfolio of integrated, software-compatible products ranging in performance from 100 Mbps to 100 Gbps that enable secure and intelligent functionality for compute, network connectivity, storage and wireless applications. Cavium's processors are supported by ecosystem partners that provide operating systems, tool support, reference designs and other services. Cavium's principal office is in San Jose, CA with design team locations in California, Massachusetts, India and China. For more information, please visit : http://www.cavium.com

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GIGABYTE and Cavium Announce Official Release of Production-Ready ThunderX®-based Servers

Collaboration brings the world's most powerful 64-bit ARM® based servers to market to address increasingly demanding application and workload requirements

SHANGHAI, China., July 19, 2016 –GIGABYTE Technology (TWSE: 2376), a leading manufacturer of motherboards and barebones for server applications, and Cavium Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, cloud, and data center, today announced a line-up of products built on the industry-leading ThunderX  family of workload-optimized ARM server SoCs.

 At a joint event in Shanghai, GIGABYTE and Cavium officially announced the release of a range of 14 server SKUs – the results of co-operation based on the Cavium ThunderX platform, utilizing GIGABYTE's almost 20 years of experience in the server industry. With these products, the partnership has produced a compelling, high performance alternative to the incumbent solutions in the market. GIGABYTE and Cavium had the honor of inviting ecosystem partners - ARM, Innodisk, Linaro, Qlogic, Red Hat, and Suse - all of which have committed resource to bringing ARM-based servers to the mainstream enterprise market - as guest speakers at the event. GIGABYTE and Cavium are working with these stakeholders to bring higher performance-per-dollar to the server market and open up a range of potential new applications.

This solution targets high performance volume servers deployed by Public/Private Cloud and Telco data centers. It is optimized for key Data Center workloads including compute, security, storage, and distributed databases. GIGABYTE ThunderX servers deliver comparable performance at a more compelling TCO than traditional x86 server systems.

Key GIGABYTE ThunderX Server Features
GIGABYTE has utilized its know-how to become the first and only server vendor to capture the benefits of Cavium’s revolutionary design and bring disruptive new solutions to the market through production-ready server products, which bring about:

• Adoption of the first dual-socket ARM SoC architecture that scales up to 48 cores per processor with up to 2.0 GHz core frequency
• The highest integrated I/O capability with up to 160Gb of I/O bandwidth
• Four DDR4 72 bit memory controllers capable of supporting up to 1TB of memory in a dual socket configuration at 2133MHz
• Best in class performance per watt and performance per dollar for storage and compute applications
• A comprehensive range of designs, from cost-focused entry level solutions to high density storage and compute focused platforms

"GIGABYTE has developed and is already shipping a range of Cavium ThunderX-based server products to customers in US, Europe and Asia," said Andy Chen, AVP, Network and Communications Business Unit, GIGABYTE. "Our comprehensive portfolio of ThunderX-based systems is available for order and a number of customers have already received production units. We are seeing strong demand for these ARM-based platforms – especially from cloud service providers."

A comprehensive ecosystem is key to the development of a market for ARM-based servers. To this end, we have been working with stakeholders across the value chain. GIGABYTE’s release partners contributed their views on co-operation and the market in general:

ARM:
"The momentum for ARM-based servers is building and the new range of server products from GIGABYTE and Cavium enhances choice for companies seeking to match compute needs with the most energy and cost-effective solutions,” said Lakshmi Mandyam, senior marketing director of server program, ARM. “It is excellent to see ARM partners at the heart of driving innovative solutions that are delivering to the rigorous demands of cloud data center application and workload diversity.”

CAVIUM:
“The ARM server market is beginning to expand and grow and mature” said Rishi Chugh, Director, Data Center Processor Group at Cavium. “GIGABYTE is the perfect partner to lead this effort and showcase the breadth of ThunderX-based workload optimized server platforms delivering the flexibility and performance required for next generation cloud data centers.” 

Red Hat:
"Red Hat1 has been collaborating with GIGABYTE for quite some time via the Red Hat ARM Partner Early Access Program, as they worked to develop systems based on Cavium's ThunderX processor family," said Tim Burke, vice president, Linux Engineering, Red Hat. "These new, scalable servers serve as an excellent example of the technical innovation and standardization efforts within the growing ARM ecosystem. We are very pleased that as a result of our joint efforts we currently have Red Hat Enterprise Linux Server for ARM Development Preview running on GIGABYTE systems in lab and development environments."

Innodisk:
“Innodisk is a leading provider of industrial-grade storage solutions. Innodisk’s miniDIMM and RDIMM series solutions, especially aimed at server and telecommunication applications, have been certified by GIGABYTE and Cavium. Innodisk has collaborated with GIGABYTE and CAVIUM for years and looks forward to continuing to provide the best storage solutions in this field,” said Samson Chang, Vice President, Embedded DRAM division of Innodisk.

SUSE
“SUSE’s collaboration with Cavium and GIGABYTE has helped to bring AArch64 and cloud solutions to our customers, a development which is also highly meaningful for the development of the industry,” said Andy Jiang, Vice President, Asia Pacific & Japan General Manager with SUSE. “With the hyper-scale hardware of GIGABYTE, SUSE can now deliver the SUSE Linux Enterprise Server, SUSE Enterprise Storage and SUSE OpenStack Cloud to our clients. Cavium and GIGABYTE have demonstrated strong leadership in the ARM server market, and SUSE will work continue to closely with them.” 

QLogic:
“The advent of data center-class ARM processors provide end users options to tailor hardware to suit specific workloads,” said Greg Scherer, vice president and CTO, QLogic. “The new ThunderX-based servers push the envelope of compute and drive the need for higher speed I/O.” 

About GIGABYTE
GIGABYTE, headquartered in Taipei, Taiwan, is known as a global brand in the IT industry, with employees and business channels in almost every country. Founded in 1986, GIGABYTE started as a research and development team and has since taken the lead in the world's motherboard and graphics card markets.

On top of motherboards and graphics cards, GIGABYTE has become a leading producer of server hardware. Taking advantage of many years of know-how in motherboard design and manufacturing, GIGABYTE uses the most reliable components and aims for the highest quality standards only. This focus on excellence has allowed the company to work successfully with the biggest names in the server industry over the years, fueling its dedication to keep creating innovative server solutions for the future.

About Cavium
Cavium is a leading provider of highly integrated semiconductor products that enable intelligent processing in enterprise, data center, cloud, wired and wireless service provider applications. Cavium offers a broad portfolio of integrated, software compatible processors ranging in performance up to 100 Gbps that enable secure, intelligent functionality in enterprise, data center, broadband and access & service provider equipment. Cavium’s processors are supported by ecosystem partners that provide operating systems, tool support, reference designs and other services. Cavium’s principal offices are in San Jose, California with design team locations in California, Massachusetts, India, and China. For more information, please visit: http://www.Cavium.com.

GIGABYTE Contact
Stuart Coyle
Marketing Communications
Telephone: +886-2-8912-4000
Email:  stuart.coyle@GIGABYTE.com

Cavium Contact
Angel Atondo
Sr. Marketing Communications Manager
Telephone: +1 408-943-7417
Email: angel.atondo@cavium.com

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