1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. California >
  6. QLogic Acquires NetXen

M&A Deal Summary

QLogic Acquires NetXen

On April 30, 2009, QLogic acquired semiconductors company NetXen from Integral Capital Partners for 21M USD

Acquisition Highlights
  • This is QLogic’s 2nd transaction in the Semiconductors sector.
  • This is QLogic’s 6th largest (disclosed) transaction.
  • This is QLogic’s 7th transaction in the United States.
  • This is QLogic’s 3rd transaction in California.

M&A Deal Summary
Date 2009-04-30
Target NetXen
Sector Semiconductors
Buyer(s) QLogic
Sellers(s) Integral Capital Partners
Deal Type Add-on Acquisition
Deal Value 21M USD

Target

NetXen

Cupertino, California, United States
NetXen, Inc. is a multi-asset web-based transaction platform that enables banks and financial institutions to define products and to buy and sell these products with corporate treasurers and institutional clients. Trades can be conducted from price requests to confirmation and settlement.

Search 214,744 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

QLogic

Aliso Viejo, California, United States
Category Company
Founded 1992
Sector Semiconductors
Employees782
Revenue 459M USD (2016)
DESCRIPTION

QLogic Corp. is a provider of high performance storage networking solutions including Fibre Channel host bus adapters (HBAs), blade server embedded Fibre Channel switches, Fibre Channel stackable switches, iSCSI HBAs, iSCSI routers and storage services platforms for enabling advanced storage management applications.

DEAL STATS #
Overall 7 of 7
Sector: Semiconductors M&A 2 of 2
Type: Add-on Acquisition M&A Deals 5 of 5
State: California M&A 3 of 3
Country: United States M&A 7 of 7
Year: 2009 M&A 1 of 1
Size (of disclosed) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-14 PathScale

Wilmington, Delaware, United States

PathScale, Inc. is a developer of technology hardware services. The PathScale InfiniPath, InfiniBand Adapter and EKOPath Compiler Suite drive Linux(R) clusters to performance levels that can exceed the most powerful supercomputers.

Buy $109M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-23 QLogic - InfiniBand Assets

United States

InfiniBand is a fabric technology that can be used to connect servers in high-performance computing environments.

Sell $125M

Seller(S) 1

SELLER

Integral Capital Partners

Menlo Park, California, United States

Investor

Category Venture Capital Firm
Founded 1991
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Integral Capital Partners operates as a group of partnerships that invests in expansion-stage private and growth-stage public companies in the information and life sciences industries. Within information sciences, Integral focuses on communications-centric computing, real-time computing, and mobility. Within life sciences, Integral targets companies that deal in emerging medical technologies and healthcare information systems. The Firm operates in partnership with the venture capital firm Kleiner Perkins Caufield and Byers, which incubated the Firm in 1991, as well as private equity firm Silver Lake Partners. Integral Capital Partners is based in Menlo Park, California.

DEAL STATS #
Overall 51 of 67
Sector: Semiconductors M&A 6 of 7
Type: Add-on Acquisition M&A Deals 35 of 45
State: California M&A 35 of 48
Country: United States M&A 50 of 66
Year: 2009 M&A 1 of 3
Size (of disclosed) 16 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-07 Bill Me Later

Timonium, Maryland, United States

Bill Me Later is a fast, simple and secure way to pay online without using a credit card. Bill Me Later, Inc. was formed in 2000 and is based in Timonium, Maryland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-05 Broadcom

Palo Alto, California, United States

Broadcom is a designer, developer and global supplier of a broad range of analog semiconductor devices with a focus on III-V based products. Broadcom was founded in 1961 and is based in Palo Alto, California.

Sell -
Mergr

Solution for

Product

Company

Legal