Cavium to Showcase M-CORD NFV/5G on ARM with Leaf and Spine SDN Fabric at Mobile World Congress Americas 2017

Cavium™ expands China Unicom partnership to include Edge Services

SAN JOSE and SAN FRANCISCO, CA, September 11, 2017 – Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, wired and wireless networking today announced a fully integrated CORD (Central Office Re-architected as Data center) SDN/NFV platform software stack on its ThunderX® ARM®-based data center COTS server architecture including a full leaf and spine SDN fabric on its XPliant® programmable SDN switches. The CORD platform with seamlessly integrated SDN fabric is showcased in a multi-rack configuration running M-CORD Virtualized Mobile Infrastructure and Edge Services at MWC Americas, at the Open Network Foundation’s stand N.332 at Moscone Center Hall North from September 12-14, 2017. This M-CORD SDN/NFV software platform scaling across multiple data center racks is fully integrated with virtualized and disaggregated mobile infrastructure elements from the edge of the Radio Access Network (RAN) to distributed mobile core, and ONOS SDN and XOS orchestration software. It enables a virtually turn-key operation in a central office or edge data center for testing out NFV, 5G and C-RAN new technology concepts like intelligent front-haul and network slicing. This is a complete Cavium powered SDN/NFV/C-RAN end to end solution combining the OCTEON Fusion-M baseband radio head processors with the ThunderX ARM-based COTS servers and the award winning programmable XPliant Ethernet leaf and spine SDN switches. In keeping with industry trends the front-haul options follow the emerging 3GPP next generation standards. China Unicom and Cavium have been collaborating on M-CORD and C-RAN projects, utilizing this integrated platform. The addition of Edge Services and full leaf and spine support further enhances the value proposition and eases 5G deployment. “A fully integrated SDN/NFV data center solution with programmable SDN fabric and workload optimized servers for NFV and C-RAN functions enables implementation of innovative 5G and Edge Computing capabilities and running live traffic for analysis,” 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 servers, switches and remote radio units, provides a 3GPP-compliant virtualized mobile infrastructure with full programmability and flexibility for next-generation network topologies.” “Programmable SDN fabric enables a new dimension of flexibility in high-performance protocol processing with the ability to implement new protocols and analytics without hardware change,” said Eric Hayes, Vice President & General Manager of the Switching Platform Group at Cavium. “The XPliant Ethernet switch families deliver state-of-the-art throughput and exceptional programmability for data center networks.” “Our collaboration with Cavium is progressing well and the ThunderX and XPliant-based M-CORD is an effective platform for testing out and analyzing new 5G capabilities,” said Dr. Tang Xiongyan, CTO of Network Technology Research Institute, China Unicom. “We believe that our partnership will provide significant benefits to both parties.” “M-CORD provides an effective reference platform for showcasing and analyzing new technologies and features for next generation virtualized and SDN enabled mobile infrastructure and edge datacenters,” said Dr. Guru Parulkar, Exec Director of ONF and ON.Lab. “Cavium has been contributing to the M-CORD community since the very beginning. This Cavium silicon powered multi-rack M-CORD implementation with ThunderX ARM based COTS servers and XPliant based white box switches showcases a rich interoperable CORD eco-system well supported by a diversified set of COTS hardware.” 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, 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

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Cavium Announces Financial Results for Q1 2017

SAN JOSE, Calif., April 26, 2017 – 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 first quarter ended March 31, 2017.

Net revenue in the first quarter of 2017 was $229.6 million, a 1.5% sequential increase from the $226.2 million reported in the fourth quarter of 2016 and 125.3% from the $101.9 million reported in the first quarter of 2016.

Generally Accepted Accounting Principles (GAAP) Results
Net loss for the first quarter of 2017 was $50.5 million, or ($0.75) per diluted share, compared to $121.6 million, or ($1.82) per diluted share in the fourth quarter of 2016. Gross margins were 40.1% in the first quarter of 2017 compared to 43.4% in the fourth quarter of 2016. GAAP operating loss (GAAP loss from operations as a percentage of revenue) was 17.0% in the first quarter of 2017 compared to 12.9% in the fourth quarter of 2016. Total cash and cash equivalents were $132.4 million at March 31, 2017.

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 reconciliation between GAAP and non-GAAP financial results is provided in the financial statements portion of this release.

In the first quarter of 2017, Non-GAAP net income was $41.7 million, or $0.58 per diluted share, Non-GAAP gross margin was 65.7% and Non-GAAP operating margin (non-GAAP income from operations as a percentage of revenue) was 22.0%.

Recent News Highlights

• April 3, 2017  - Networking Industry Leaders Joined Forces to Expand New Open Source Community to Drive Development of the DPDK Project
• April 3, 2017  - Cavium FastLinQ® 25/100GbE Ethernet Adapter Accelerates Telco NFV & Cloud Workloads
• March 27, 2017  - Cavium FastLinQ® Ethernet First Achieves Microsoft Windows Server SDDC Premium Certification
• March 20, 2017  - Cavium and Elenion Technologies Collaborated to Offer Silicon Photonics Enabled End-to-End Server-to-Switch Solutions
• March 8, 2017  - Cavium Collaborated with Microsoft to Showcase SONiC Compatibility at OCP US Summit 2017
• March 8, 2017  - Cavium and Microsoft Collaborated to Accelerate Cloud Services with ThunderX2™
• February 27, 2017  - Cavium Showcased Extensive Portfolio of Solutions for 5G Infrastructure at Mobile World Congress 2017
• February 27, 2017 - Cavium Joined Telecom Infra Project to Enable OpenCellular Access to LTE, LTE-A and NFV/5G Technologies
• February 27, 2017  - Cavium Announced Expansion of OCTEON Fusion-M® Baseband Products
• February 27, 2017 - Cavium and Trend Micro Introduced Mobile Edge Computing and NFV Solutions on ThunderX® and OCTEON TX™ Platforms
• February 27, 2017 - Cavium Partners with China Unicom and Showcased M-CORD NFV/5G at Mobile World Congress 2017
• February 13, 2017 - Cavium Demonstrated the Newest Infrastructure Security Solutions at RSA 2017

Cavium will broadcast its first quarter of 2017 financial results conference call today, April 26, 2017, 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 offers a broad portfolio of integrated, software compatible processors ranging in performance from 1Gbps to 100Gbp that enable secure, intelligent functionality in Enterprise, Data Center, Broadband, 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, Israel, China and Taiwan. 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

Source: Cavium Inc

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Cavium Schedules Q1 2017 Financial Results Conference Call

SAN JOSE, Calif., April 4, 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 first quarter 2017 financial results conference call for 2:00 p.m. Pacific Time on Wednesday, April 26, 2017. Cavium will release the company’s first 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, applicat

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

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Cavium QLogic Adds PowerShell Integrated Management Solution for FastLinQ™ Ethernet Adapters

Simplify and Streamline Management to Reduce TCO with QConvergeConsole® PowerKit

SAN JOSE, CA – Oct. 27, 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 the addition of a highly scalable and PowerShell integrated management solution to its broad offering of FastLinQ Ethernet adapter management solutions. The QLogic ConvergeConsole(QCC) PowerKit seamlessly integrates with Microsoft PowerShell to deliver an integrated, scriptable and scalable solution for deploying and managing QLogic FastLinQ series of 10/25/40/50/100GbE NICs across heterogeneous platforms. QLogic FastLinQ Ethernet-based technology is highly extensible and flexible, delivering a broad set of capabilities customized to address the needs of the telco, enterprise, managed service provider (MSP), cloud and storage markets. The ability to streamline their administration through centralized cross-platform and cross-protocol capabilities enhances network availability and reduces management costs.

Infrastructure Management Challenges in Enterprise Datacenters
IT administrators face many challenges and responsibilities when it comes to maintaining the server and network infrastructure and keeping downtime at a minimum, especially in large hybrid, Telco and Cloud deployments. Depending upon the size of the organization there are many components to keep track of, such as device management, updates, patching, new application configurations, compliance requirements, and issues that arise as the result of human error or environmental factors. Conventional approaches do not deliver centralized control and integration with Operating System infrastructure and processes, or require a steep learning curve of vendor specific syntaxes, increasing the cost and complexity of management and creating silos of management toolchains. 

Integration and Automation Aware Approaches reduce TCO
In its fifth generation, Microsoft PowerShell delivers an integrated, robust and scalable task automation and configuration management framework for cross-platform server infrastructure management. QLogic ConvergeConsole PowerKit, which is now generally available, seamlessly integrates into Microsoft PowerShell to deliver a consistent and powerful set of new capabilities directly into PowerShell. This enables management efficiencies, improves time to deploy and implements best practices when managing QLogic FastLinQ 10/25/40/50/100GbE Ethernet adapters. IT administrators no longer need to learn a new scripting language or vendor specific syntaxes.

"We designed our FastLinQ Ethernet-based products to address the rapidly changing needs of the data center and the specific needs of mega data centers run by telecommunications providers, MSPs and enterprise private clouds," said Rajneesh Gaur, general manager and vice president of Ethernet Adapter Group, Cavium. "The latest innovation from Cavium, the QCC PowerKit, enables our broad base of customers to significantly reduce TCO by delivering an integrated and scalable management solution."

QConvergeConsole PowerKit Advanced Capabilities Include:

• Comprehensive Management Capabilities – With over 40 unique command-lets, the QCC PowerKit has the ability to manage all the advanced features of the QLogic FastLinQ Ethernet portfolio, including Network Partitioning (NPAR), SR-IOV, RDMA and server boot configurations. The QCC PowerKit enables IT administrators to enhance overall performance and speed troubleshooting with robust diagnostic capabilities.
• Scalable, Scriptable and Remote Management – The QCC PowerKit has the ability to automate key management tasks for unparalleled efficiency in adapter configuration and management. This increases management efficiency and reduces overall TCO.
• Cross Platform and Integrated – The QCC PowerKit can be deployed across a heterogeneous datacenter environment due to its broad operating system support. Support for various Windows and Linux versions ensures seamless integration and operation for enterprise, Telco and Cloud network environments.

For more information, visit www.qlogic.com and http://driverdownloads.qlogic.com

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 Schedules Q3 2016 Financial Results Conference Call

SAN JOSE, Calif., October 3, 2016 – Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud wired and wireless networking, has scheduled its third quarter 2016 financial results conference call for 2:00 p.m. Pacific Time on Tuesday, November 1, 2016. Cavium will release the company’s third 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 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 from 100 Mbps to 100 Gbps that enable secure, intelligent functionality in enterprise, data center, broadband/consumer 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 

Media Contact

Angel Atondo

Sr. Marketing Communications Manager

Telephone: +1 408-943-7417

Email: angel.atondo@cavium.com

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Cavium, Inc. Announces Extension of the Expiration of the Exchange Offer in Connection with the Proposed Acquisition of QLogic Corporation

San Jose, Calif., August 10, 2016 – Cavium, Inc. (Nasdaq: CAVM) (“Cavium”), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced that the previously announced offer to exchange all of the outstanding shares of common stock of QLogic Corporation (“QLogic”) for $11.00 in cash and 0.098 shares of Cavium common stock for each share of QLogic common stock (the “Offer”) has been extended pursuant to the marketing period provided by the merger agreement entered into on June 15, 2016 among Cavium, Quasar Acquisition Corp., the offeror and a wholly owned subsidiary of Cavium, and QLogic (the “Merger Agreement”) in connection with Cavium’s debt financing for the transaction.

The Offer will now expire at 5:30 p.m., New York City time, on August 15, 2016, unless further extended in accordance with the Merger Agreement. All other terms and conditions of the Offer remain unchanged. Cavium expects the transaction to close on or about August 16, 2016, subject to the tender and non-withdrawal of a majority of the outstanding shares of QLogic common stock.  The closing of the Offer remains subject to other customary closing conditions.

The depositary for the Offer has advised Parent that, as of 12:00 midnight, New York City time, at the end of August 9, 2016, approximately 59,315,736 shares have been validly tendered and not properly withdrawn pursuant to the Offer, representing approximately 70.7% of the outstanding QLogic shares.

The terms and conditions of the Offer are described in the exchange offer documents, which have been mailed to QLogic stockholders and filed with the Securities and Exchange Commission ("SEC").

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. (Know more)

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Cavium, Inc. Announces Expiration of HSR Waiting Period for Proposed Acquisition of QLogic Corporation

San Jose, Calif., August 2, 2016 – Cavium, Inc. (Nasdaq: CAVM) ("Cavium"), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act") in connection with its proposed acquisition of QLogic Corporation (“QLogic”) occurred at 11:59 p.m. EST on July 29, 2016.

As previously announced, Cavium has entered into a merger agreement under which Cavium will acquire QLogic for $11.00 in cash and 0.098 shares of Cavium common stock for each share of QLogic common stock, through an exchange offer (the “Offer”) followed by a merger of a wholly owned subsidiary of Cavium with and into QLogic.  The expiration of the HSR Act waiting period satisfies one of the conditions required to consummate the Offer.  The closing of the Offer remains subject to other customary conditions, including the tender of a majority of the outstanding shares of QLogic common stock.

The Offer is scheduled to expire at 12:00 midnight, New York City time, at the end of August 9, 2016, unless earlier extended or terminated.  The terms and conditions of the Offer are described in the exchange offer documents, which have been mailed to QLogic stockholders and filed with the Securities and Exchange Commission ("SEC").

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.

Cautionary Note Concerning Forward-Looking Statements:
Certain statements made herein, including, for example, information regarding the proposed transaction between Cavium and QLogic, the expected timetable for completing the transaction, and the potential benefits of the transaction, are "forward-looking statements." These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections.

The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; the outcome of any legal proceedings that could be instituted against QLogic or its directors or Cavium related to the merger agreement; the possibility that various conditions to the consummation of the Cavium exchange offer and merger may not be satisfied or waived, including the receipt of all regulatory clearances related to the merger; the failure of Cavium to obtain the necessary financing pursuant to the arrangements set forth in the debt commitment letter delivered pursuant to the merger agreement or otherwise; uncertainty as to how many shares of QLogic common stock will be tendered into the Cavium exchange offer; the risk that the Cavium exchange offer and merger will not close within the anticipated time periods; risks related to the ultimate outcome and results of integrating the operations of Cavium and QLogic, the ultimate outcome of Cavium's operating strategy applied to QLogic and the ultimate ability to realize synergies; the effects of the business combination on Cavium and QLogic, including the increased level of indebtedness resulting from the transaction, and the combined company's future financial condition, operating results, strategy and plans; risks that the proposed transaction disrupts current plans and operations, and potential difficulties in employee retention as a result of the merger; the risk of downturns in the semiconductor and networking industries; the effects of local and national economic, credit and capital market conditions on the economy in general; and other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in our other reports and other public filings with the SEC, including, but not limited to, those detailed in QLogic's Annual Report on Form 10-K for the year ended April 3, 2016, and Cavium's Annual Report on Form 10-K for the year ended December 31, 2015 and Cavium's most recent Quarterly Report on Form 10-Q filed with the SEC. The forward-looking statements contained herein are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Additional Information and Where to Find It
This document relates to a pending business combination transaction between Cavium and QLogic. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Cavium has filed a registration statement on Form S-4 related to the transaction with the SEC, as amended, and may file amendments thereto. Cavium and a wholly-owned subsidiary of Cavium have filed a tender offer statement on Schedule TO (including a prospectus/offer to exchange, a related letter of transmittal and other exchange offer documents) related to the transaction with the SEC, as amended, and may file amendments thereto. QLogic has filed a solicitation/recommendation statement on Schedule 14D-9 with the SEC, as amended, and may file amendments thereto. QLogic and Cavium may also file other documents with the SEC regarding the transaction. This document is not a substitute for any registration statement, Schedule TO, Schedule 14D-9 or any other document which QLogic or Cavium may file with the SEC in connection with the transaction. Investors and security holders are urged to read the registration statement, the Schedule TO (including the prospectus/offer to exchange, related letter of transmittal and other exchange offer documents), the solicitation/recommendation statement on Schedule 14D-9 and the other relevant materials with respect to the transaction carefully and in their entirety, and to review any additional materials when they become available before making any investment decision with respect to the transaction, because they contain important information about the transaction.

The prospectus/offer to exchange, the related letter of transmittal and certain other exchange offer documents, as well as the solicitation/recommendation statement, will be made available to all holders of QLogic's stock at no expense to them. The exchange offer materials and the solicitation/recommendation statement are available for free at the SEC's website at www.sec.gov. Additional copies of the exchange offer materials and the solicitation/recommendation statement may be obtained for free by contacting Cavium's Investor Relations department at (408) 943-7417 or at angel.atondo@cavium.com. Additional copies of the solicitation/recommendation statement may be obtained for free by contacting QLogic's Investor Relations department at (949) 542-1330 or at doug.naylor@qlogic.com.

In addition to the prospectus/offer to exchange, the related letter of transmittal and certain other exchange offer documents, as well as the solicitation/recommendation statement, Cavium and QLogic file annual, quarterly and current reports and other information with the SEC. You may read and copy any reports or other information filed by Cavium and QLogic at the SEC's website at http://www.sec.gov.

Cavium Contact                                                        

Angel Atondo                                                                                      

Sr. Marketing Communications Manager

Tel: (408) 943-7417                                                                            

Email: angel.atondo@cavium.com

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Cavium Names Raghib Hussain Chief Operating Officer

SAN JOSE, California – July 26, 2016 - 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 that Raghib Hussain has been named Chief Operating Officer of Cavium.  Mr. Hussain co-founded Cavium in 2000.  He has served in various management and technology leadership roles since the inception of Cavium and has been the Corporate Vice President, Chief Technology Officer and General Manager since 2014.

Prior to co-founding Cavium, Mr. Hussain held various engineering roles at Cisco Systems, Inc. and Cadence Design Systems, Inc. Prior to that, Mr. Hussain served at VPNet, an enterprise security company, of which he was a founding team member. At VPNet, he was a key contributor to the design of the first commercial IPSec based VPN (Virtual Private Network) gateway. 

Since its founding in 2000, Mr. Hussain has contributed significantly to Cavium’s growth and success as a member of the executive management team. In his previous role, Mr. Hussain has been leading Cavium’s product strategy, business operation and expansion into multiple markets with industry leading products. As Chief Operating Officer, Mr. Hussain will assume primary responsibility for Cavium’s product line business units and product business operations and will continue to report to Syed Ali, President and Chief Executive Officer of Cavium. 

“Raghib has been an instrumental contributor to Cavium's success since our founding. His deep experience in engineering and astute understanding of industry trends along with strong marketing and customer management experience uniquely position him for the COO role,” said Syed Ali, President and Chief Executive Officer of Cavium. 

“Cavium is at an exciting point in its evolution. We have an extremely broad portfolio of products and IP that uniquely positions us to take advantage of the emerging infrastructure market trends. I look forward to continue to drive Cavium’s innovative culture, products and market success,” said Raghib Hussain, Chief Operating Officer of Cavium.

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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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