Cavium Completes Acquisition of QLogic

San Jose, CA, August 16, 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 Cavium had completed its acquisition of QLogic Corp. (NASDAQ: QLGC) (“QLogic”), a leading supplier of high performance networking infrastructure solutions.

Cavium Completes Acquisition of QLogic

 After the successful completion of an exchange offer for all outstanding shares of QLogic, a wholly owned subsidiary of Cavium has been merged with QLogic, with QLogic as the surviving corporation and becoming a wholly owned subsidiary of Cavium.  At the effective time of the merger, each outstanding share of QLogic common stock (other than shares directly owned by QLogic and its subsidiaries, or Cavium and its subsidiaries) was converted into the right to receive $11.00 per share in cash and 0.098 shares of Cavium common stock, without interest and less any applicable withholding taxes, which is the same price that was paid in the exchange offer. Under Section 251(h) of the General Corporation Law of the State of Delaware, no vote of QLogic’s stockholders was required to consummate the merger. QLogic shares will cease to be traded on the NASDAQ Global Select Market. 

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.

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

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

San Jose, Calif., August 16, 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, announced today that it has accepted for exchange all shares of the common stock of QLogic Corp. (Nasdaq: QLGC) (“QLogic”) validly tendered into the previously announced exchange offer by a wholly owned subsidiary of Cavium to acquire all of the outstanding shares of QLogic for the agreed consideration of $11.00 in cash and 0.098 shares of Cavium common stock for each share of QLogic.  The shares accepted represent approximately 76.2% of QLogic’s outstanding shares of common stock.  The exchange offer expired at 5:30 p.m., New York City time, on August 15, 2016.  As previously announced, Cavium will acquire the remaining outstanding shares of QLogic’s common stock through a merger of a wholly owned subsidiary of Cavium with and into QLogic, which Cavium expects to complete prior to the opening of trading on Nasdaq on Tuesday, August 16, 2016.

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.

Cavium 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 to Demonstrate Solutions for Cloud Infrastructure and Scale-Out Applications at OpenStack Summit Tokyo

ThunderX™ and LiquidIO® II Help Maximize Performance Per Dollar Per Watt for Key Volume Compute, Storage, Secure Compute and Networking Workloads

SAN JOSE, Calif., Oct 27, 2015 – Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, will demonstrate ThunderX and LiquidIO II based solutions for private and public cloud infrastructure and scale out applications at the OpenStack Summit in Tokyo.  The OpenStack Summit is a four-day conference for developers, users, and administrators of OpenStack Cloud Software and is held from Tuesday October 27th through Thursday October 29th.

Cavium Product Highlights and Demonstrations (Booth T31)

Cavium’s LiquidIO II Intelligent Server adapters fully support and seamlessly integrate OpenStack software. This functionality includes:

• • 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.

Cavium’s ThunderX ARMv8 based workload optimized processor integrates key capabilities that are critical for the most demanding Public and Private Cloud workloads:

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 web serving with NGINX.  ThunderX is also optimized for networking specific workloads such as Network Functions Virtualization (NFV).

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Cavium Introduces LiquidIO™ Family of 10 Gigabit Server Adapters to enable SDN for Cloud and Datacenters

Provides a proven, high performance and flexible platform for deploying feature rich Software Defined Networks (SDN) with support for 3rd Party applications in addition to Open vSwitch, OpenFlow, & VXLAN

SAN JOSE, Calif., May 7, 2013 -- Cavium, Inc. (NASDAQ: CAVM), a leading provider of highly integrated semiconductor products that enable intelligent processing for networking, communications and cloud infrastructure, today announced the new LiquidIO Server Adapter family. This new adapter family enables data centers to rapidly deploy high performance SDN applications for both installed and new infrastructure while clearly enhancing server utilization, response times and network agility. The LiquidIO Server Adapters are designed for deployment by cloud service providers, enterprises and private data centers worldwide.

Server virtualization technology has enabled multiple virtual machines (VM) per server providing significant benefits to enterprises worldwide.  However the complete benefits of server virtualization cannot be realized without the associated network virtualization. Software Defined Network (SDN) technology enables flexible virtualization of the network.  Enabling network virtualization requires software based switching and tunneling, to decouple physical and logical networks, which significantly taxes the server CPU and reduces performance and increases latency.  Cloud Services Providers need to tackle these issues to meet their customer commitments on performance, bandwidth and quality of service (QoS).  They need a hardware solution that offloads SDN and network processing from the main server CPU into an intelligent network adapter. Additionally, the offload protocols required by cloud service providers are evolving and differentiated. This drives the need for SDN Adapters to be fully programmable.

LiquidIO Server AdapterThis new family of adapters includes LiquidIO Server Adapter 210Sv with two 10 Gigabit Ethernet ports and the 110Sv with one 10 Gigabit Ethernet port.  This product family provides a proven, high-performance, programmable adapter platform for cloud service providers.  It is offered in a standard server compliant half-height PCI Express form-factor and is supported by a feature rich Software Development Kit (SDK). This SDK allows customers and partners to develop high performance SDN applications with packet processing, tunneling, QoS, security and metering.  The adapter family provides out-of-the-box 10 Gbps OVS, Open Flow, VXLAN and NVGRE tunneling protocol performance. 

The LiquidIO adapter family has been tested against several commonly used Controllers including Floodlight and NOX.  Customers also have the added advantage of being able to run L4-L7 networking & security services on this platform.  Several partner companies including PLUMGrid and One Convergence are leveraging this family to offer high performance network virtualization solutions to their customers.

"The requirements of Software Defined Networks align very well with Cavium's strong core competencies of programmability, networking and security.  The LiquidIO Server Adapter Family eliminates the performance penalties associated with software only based network virtualization. It delivers high performance with very low power dissipation along with rich software development and application toolkits to enable cloud scale SDN deployments," said Rajneesh Gaur, General Manager of Cavium's Accelerator & Adapter Group.

"PLUMgrid's collaboration with Cavium brings feature-rich Virtual Network Infrastructure (VNI) on top of high-performance programmable network adapters to customers who are building public and private cloud data centers based on PLUMgrid's solution," said Pere Monclus, Co-founder and CTO at PLUMGrid.  "Cavium's LiquidIO Server Adapter family helps to drive the critical shift to VNI, and is an essential part of an effective cloud and SDN strategy."

"Cavium's LiquidIO Server Adapter family is ideal for One Convergence Edge Acceleration Platform to offload and accelerate virtual switching, security/crypto and other data path intensive functions. This complements One Convergence's Network Virtualization and Service Delivery solution in delivering accelerated network services," said Prasad Vellanki, CEO of One Convergence Inc.

AvailabilityThe LiquidIO Server Adapter Family is available now along with SDK and SDN Toolkit support. For more information please contact your Cavium Sales Rep.

About Cavium, Inc.Cavium is a leading provider of highly integrated semiconductor products that enable intelligent processing in networking, communications and the digital home. Cavium offers a broad portfolio of integrated, software compatible processors ranging in performance from 10 Mbps to over 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

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