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 Announces Financial Results for Q4 2015

SAN JOSE, Calif., Jan. 27, 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 fourth quarter endedDecember 31, 2015.

Net revenue in the fourth quarter of 2015 was $100.9 million, a 3.9% sequential decrease from the $105.1 million reported in the third quarter of 2015 and relatively flat from the $101.2 million reported in the fourth quarter of 2014.

Generally Accepted Accounting Principles (GAAP) Results

Net loss in the fourth quarter of 2015 was $1.0 million, or $(0.02) per diluted share, compared to net income of $4.2 million, or $0.07 per diluted share in the third quarter of 2015. Gross margins were 66.2% in the fourth quarter of 2015 compared to 65.5% in the third quarter of 2015. Total cash and cash equivalents were $134.6 million at December 31, 2015.

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 fourth quarter of 2015, Non-GAAP net income was $16.6 million, or $0.28 per diluted share. Non-GAAP gross margin was 66.6% and Non-GAAP operating margin (non-GAAP income from operations as a percentage of revenue) was 17.1%.

Recent News Highlights

·         November 16, 2015 - Cavium and Leading Partners Showcased ThunderX™ ARMv8-based Server Platforms for Next Generation Cloud Data Center at ARM TechCon 2015

·         November 16, 2015 - Cavium's ThunderX Workload Optimized Processors received Readers' and Editors' Choice Award for Top 5 New Products or Technologies to Watch from HPCwire

·         November 16, 2015 - E4 Computer Engineering announced production availability and customer shipment of ARKA Server Platforms with Cavium ThunderX™ ARMv8 Workload-Optimized Processors

·         November 16, 2015 - Cavium Announced Collaboration with Bright Computing to Support the ThunderX™ Processor Family

·         November 16, 2015 - Penguin Computing Announced Availability and Customer Shipments of Tundra Extreme Scale Valkre Servers Based on Cavium ThunderX™ Workload Optimized Processors

·         November 16, 2015 - Wistron Announced New Server Platforms based on Cavium's ThunderX™ Workload-Optimized Processor Family

·         November 16, 2015 - Inventec Enables Hadoop, Cloud Computing and Hyperscale Workloads with new K850G3 Server Platforms with Cavium ThunderX™ Workload Optimized Processors

·         November 16, 2015 - GIGABYTE Announced Availability and Production Shipments of Extensive Cavium ThunderX-based Server Portfolio

·         November 9, 2015 - Cavium and Pica8 Partners to Deliver Leading Edge Open Networking Solutions

Cavium, Inc. will broadcast its fourth quarter of 2015 financial results conference call today, January 27, 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.

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Cavium to Demonstrate Cloud Workload Instances at OVH Summit 2015

• Providing value-add functionality for application acceleration, network configuration and provisioning, security, and isolation in multi-tenant compute clusters.

• Accelerating network performance in cloud data centers for Software Defined Networking (SDN) and Network Functions Virtualization (NFV) applications by offloading Open vSwitch with various server virtualization techniques.

• Providing security acceleration and support for overlay networks, IPsec encryption, DPI for application recognition and dynamic service chaining.

• Cloud configuration, provisioning and management utilizing OpenStack API services/ plugins and support SDN controllers including OpenDaylight and Floodlight. Cavium’s product demonstration will include LiquidIO IIoffloading (OVS and IPsec) with OpenStack Cloud OS network acceleration and provisioning.

• Fully integrated I/O including 10G and 40G Ethernet, PCIe Gen3 and SATAv3. ThunderX delivers full bandwidth and low latency across all of these interfaces.

• virtSOC™ technology delivers full system virtualization and SR-IOV capable IO. Hypervisor support for both KVM and Xen are fully enabled.

• Integrated security, networking and storage hardware accelerators. Easily enabled with standard kernel and library interfaces these hardware accelerators provide significant performance improvements for key cloud workloads such as secure compute, NFV, Cloud Storage and Big Data/Analytics.

• Support for industry standard server class software including UEFI and ACPI along with upstream support in the Linux Kernel, GCC Toolchain and OpenJDK Java.

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