Napatech Acquires Programmable Network Adapter Business and IP From Xyratex

Mar 24, 2006, 00:00 ET from Napatech

    COPENHAGEN, Denmark and MOUNTAIN VIEW, Calif., March 24 /PRNewswire/ --
 Napatech today announced the acquisition of key intellectual property and
 business access from Xyratex, a leading provider of enterprise data storage
 subsystems and network technology, listed on Nasdaq.
     Napatech has been able to augment their own leading next generation
 product lines and this transaction enables them to offer customers a complete
 portfolio of programmable network adapters for a multitude of applications.
     "The acquisition firmly establishes Napatech as the market leader in the
 programmable network adapter space," says Henrik Brill Jensen, CEO of Napatech
 "We now have both the business critical mass, the products, the innovation and
 the focus to fulfill all the needs of our customers."
     "We believe the Storage Systems and Network Systems markets are converging
 and that they can be better addressed by a focussed technology partnership
 strategy," said Steve Thompson, CTO of Xyratex.  "The deal allows each company
 to better focus around its core business and IP and through partnership and
 collaboration deliver more value add products to our combined customer base."
     The acquisition includes the market leading 1Gb Ethernet X-card, which
 Napatech will continue to supply to the customers.  The X-card is today used
 by leading vendors of network management and analysis systems.
     Napatech's own product portfolio includes a 1Gb platform that is
 complementary to the X-card and a 10Gb platform that offer solutions for
 network management and traffic analysis, traffic recording, security
 application acceleration and a toolbox enabling customers to implement their
 own proprietary intellectual property on the network adapter.
     About Napatech
     Founded in 2003, Napatech is focus on programmable and intelligent
 Ethernet adapters.  The core idea is off-loading real-time/streaming traffic
 and payload analysis and control applications traditionally implemented in
 software or proprietary hardware.  Napatech expects a huge growth in the
 demand for intelligent and programmable adapters as Ethernet speeds increase.
 The current PC architecture limits the amount of bandwidth that can be handled
 by the PCI bus and CPU/memory.  Napatech offers its products to OEM customers.
 Napatech has marketing and R&D offices in Mountain View, California and
 Copenhagen, Denmark.  Napatech is a 2004 Tornado100 Winner.  Napatech is
 funded by Northzone Ventures, Ferd Ventures, DTU-Innovation and a group of
 business angels with vast experience within networking.
     About Xyratex
     Xyratex is a leading provider of enterprise data storage subsystems and
 network technology.  The company designs and manufactures enabling technology
 that provides OEM and disk drive manufacturer customers with data storage
 products to support high-performance storage and data communication networks.
 Xyratex has over 20 years of experience in research and development relating
 to disk drives, storage systems and high-speed communication protocols.
     Founded in 1994 in an MBO from IBM, and with headquarters in the UK,
 Xyratex has an established global base with R&D and operational facilities in
 Europe, the United States and South East Asia.
     For additional information please contact:
     Copenhagen, Europe
     Henrik Brill Jensen, CEO
     +45 4596 1500
     North America, Mountain View, CA
     Thomas Jorgensen, Co-Founder/ VP Sales
     +1 650 353 5845
     (C) 2006 Napatech all rights reserved.  Napatech is a trademark used under
 license by Napatech A/S.  All other logos, brand names and product names are
 trademarks of their respective companies.
     This release was issued on behalf of the above organization by
 Send2Press(R), a unit of Neotrope(R).

SOURCE Napatech