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Xilinx to acquire Solarflare

Xilinx to acquire Solarflare

Xilinx, the leader in adaptive and intelligent computing which announced record revenues of $3.06 billion for fiscal year 2019, has entered into a definitive agreement to acquire Solarflare Communications, an Irvine, Calif.-based privately-held company. Solarflare is a provider of high-performance, low latency networking solutions for customers spanning FinTech to cloud computing.

The acquisition will enable Xilinx to combine its FPGA, MPSoC and ACAP solutions with Solarflare’s ultra-low latency network interface card (NIC) technology and Onload application acceleration software, to enable new converged SmartNIC solutions, accelerating Xilinx’s « data center first » strategy and transition to a platform company.

Xilinx and Solarflare have been collaborating on advanced networking technology for the last two years, with Xilinx becoming a strategic investor in 2017. The two companies recently demonstrated their first joint solution – a single-chip FPGA-based 100G SmartNIC, processing 100 million packets per-second receive and transmit, all at less than 75 watts.

« Solarflare has been a pioneer in key areas such as high-speed Ethernet, application acceleration, and NVMe-over-fabrics, which are the critical components needed to build the next generation of SmartNICs for cloud and enterprise technologies, » says Salil Raje, executive vice president and general manager, Data Center Group, Xilinx.  « Acquiring Solarflare brings Xilinx both market-leading technology and exceptional engineering talent with expertise in networking hardware, software, firmware and drivers. We are very excited about the possibilities with Solarflare as part of the Xilinx family to enable the adaptable, intelligent world. »

Xilinx reports record revenues exceeding $3 billion for fiscal 2019

Xilinx also announced record revenues of $3.06 billion for fiscal year 2019, up 24% from the prior fiscal year. Net income for fiscal year 2019 was $890 million. Revenues were $828 million for the fourth quarter of fiscal year 2019, up 4% from the prior quarter and up 30% year over year. Net income for the March quarter was $245 million.

Xilinx develops highly flexible and adaptive processing platforms that enable rapid innovation across a variety of technologies – from the endpoint to the edge to the cloud. Xilinx is the inventor of the FPGA, hardware programmable SoCs and the ACAP, designed to deliver the most dynamic processor technology in the industry and enable the adaptable, intelligent and connected world of the future.

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