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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Mont-Blanc project selects Cavium's ThunderX2™ processor for its new ARM-based HPC platform

Accelerates ARM architecture adoption in Exascale-class supercomputing

Les Clayes – Barcelona, 16 January, 2017 – The Mont-Blanc European project has selected Cavium's (NASDAQ:CAVM) ThunderX2 ARM server processor to power its new High Performance Computing (HPC) prototype. The ambition of the Mont-Blanc project is to define the architecture of an Exascale-class compute node based on the ARM architecture, and capable of being manufactured at industrial scale. The project takes a holistic approach, encompassing not just hardware, but also operating system and tools, and applications. The new platform will therefore be a key asset to all Mont-Blanc partners, to assess options for maximum compute efficiency, to further develop the software ecosystem for ARM HPC platforms, and to implement life-size tests.

The ThunderX2 product family is Cavium's 2nd generation 64-bit ARMv8-A server processor SoCs for High Performance Computing in the Data Center and cloud applications. With fully out of order high performance custom cores supporting single and dual socket configurations, ThunderX2 is optimized to drive highest computational performance delivering outstanding memory bandwidth and memory capacity. The ThunderX2 processor family is fully compliant with ARMv8-A architecture specifications as well as ARM's SBSA and SBBR standards and is widely supported by industry leading OS, Hypervisor and SW tool and application vendors.

The new Mont-Blanc prototype will be built by Atos, the coordinator of phase 3 of Mont-Blanc, using its Bull expertise and products. The platform will leverage the infrastructure of the Bull sequana pre-exascale supercomputer range for network, management, cooling, and power. Atos and Cavium signed an agreement to collaborate to develop this new platform, thus making Mont-Blanc an Alpha-site for ThunderX2.

"ThunderX2 is a server-class chip designed for high compute performance. With the adoption of this new generation of power- and performance-efficient processors, we are entering a new and exciting dimension of the Mont-Blanc project. This already gives us a glimpse of what a European exascale-class HPC platform could be in the near future." says Etienne Walter, coordinator of phase 3 of the Mont-Blanc project.

"As the race to Exascale intensifies, we are pleased to be the vendor of choice to partner with Atos to deliver Mont-Blanc platform" said Rishi Chugh, Director of Marketing, Data Center Processor Group at Cavium. "ThunderX2 builds on established architecture and ecosystem of ThunderX delivering performance competitive with next generation of incumbent processors".

About the Mont-Blanc project
The current third phase of the Mont-Blanc project continues to take a holistic approach, encompassing hardware, operating system and tools, and applications, with the following targets:

• Defining the architecture of an Exascale-class compute node based on the ARM architecture, and capable of being manufactured at industrial scale;
• Assessing the available options for maximum compute efficiency;
• Developing the matching software ecosystem to pave the way for market acceptance of ARM solutions.

The project is run by a European consortium that includes:

• Industrial hardware/software technology providers: Atos, using its expertise in supercomputing & Big data following the acquisition of Bull (coordinator - France); ARM, the world leader in embedded high-performance processors (United Kingdom); and AVL, the world's largest independent company for the development, simulation and testing technology of powertrains (Austria);
• Academic/research HPC centres: Barcelona Supercomputing Centre (Spain); Swiss Federal Institute of Technology in Zurich (Switzerland); CNRS (CNRS/LIRMM - France); University of Stuttgart (HLRS -Germany); University of Cantabria (Spain); University of Graz (Austria); University of Versailles Saint Quentin (France).

This project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 671697.

More information on www.montblanc-project.eu | @MontBlanc_EU 

Press contact
Pascale Bernier-Bruna
Tel: (+33) 1 30 80 32 04
pascale.bernier-bruna@atos.net

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 Announces Financial Results for Q2 2016

SAN JOSE, Calif., July 26, 2016 – 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, today announced financial results for the second quarter ended June 30, 2016.

Net revenue in the second quarter was $107.2 million, a 5.2% sequential increase from the $101.9 million reported in the first quarter of 2016 and 2.1% from the $105.0 million reported in the second quarter of 2015.

Generally Accepted Accounting Principles (GAAP) Results
Net loss for the second quarter of 2016 was $7.4 million, or $(0.13) per diluted share, compared to $3.8 million, or $(0.07) per diluted share in the first quarter of 2016. Gross margins were 66.9% in the second quarter of 2016 compared to 66.8% in the first quarter of 2016. GAAP operating loss (GAAP loss from operations as a percentage of revenue) was 6.3% in the second quarter of 2016 compared to 3.3% in the first quarter of 2016. Total cash and cash equivalents were $140.4 million at June 30, 2016.

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. These measures should only be used to evaluate Cavium's results of operations in conjunction with the corresponding GAAP measures. The reconciliation between GAAP and non-GAAP financial results is provided in the financial statements portion of this release.

In the second quarter of 2016, Non-GAAP net income was $17.2 million, or $0.29 per diluted share. Non-GAAP gross margin was 67.3% and Non-GAAP operating margin (non-GAAP income from operations as a percentage of revenue) was 16.6%.

Recent News Highlights

• July 13, 2016 - Cavium Commences Exchange Offer to Acquire QLogic
• June 21, 2016 - Cavium Adds Microsemi’s Storage Solutions to ThunderX® Processor Family
• June 20, 2016 - IDT Collaborates with Cavium to Support Hyperscale Data Centers
• June 20, 2016 - Cavium and Partners Demonstrated ThunderX Servers at ISC 2016
• June 15, 2016 - Cavium Announced to Acquire QLogic
• May 20, 2016 - Cavium Announced ThunderX2™
• May 30, 2016 - Cavium Showcased The CloudScale Rack™
• May 23, 2016 - Cavium Unveiled OCTEON TX™: Industry’s widest range of 64-bit ARM®-based SOCs for a broad spectrum of open, services-centric applications in enterprise and service provider infrastructure

Cavium, Inc. will broadcast its second quarter of 2016 financial results conference call today, July 26, 2016, at 2 p.m. Pacific time (5 p.m. Eastern time).  The conference call will be available via a live web cast on the investor relations section of the Cavium website at http://www.cavium.com. Please access the website at least a few minutes prior to the start of the call in order to download and install any necessary audio software. An archived web cast replay of the call will be available on the web site for a limited period of time.

About Cavium
Cavium 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 processors ranging in performance from 100 Mbps to 100 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband/consumer and access and 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 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. 

Cavium Contact                                                       
Angel Atondo                                                                                     
Sr. Marketing Communications Manager
Tel: (408) 943-7417                                                                           
Email:angel.atondo@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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