I was just thinking there may be a CEO on the market before long.
QLogic looks like it's running on empty
With three straight quarters of revenue declines QLogic still has to articulate a product strategy and start searching for a new CEO, leading to thoughts that the board is looking to sell the business. Its second fiscal 2016 quarter saw revenues of $103.4m, 19 per cent down on the annual compare and nine per cent down on the …
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Monday 26th October 2015 18:08 GMT CheesyTheClown
Missed the boat?
Qlogic could be wiping up the market if they delivered server grade silicon and drivers as well as a FC/FCoE target for Windows Server to make Windows Storage Server a viable SAN alternative for the SDS market. Instead, they seem hellbent on remaining just another silicon vendor.
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Monday 26th October 2015 20:30 GMT Anonymous Coward
"broadcom ..which has the old emulex biz"
obviously nowadays it is very confusing who owns who and who is on top :) .
Avago bought (606M, not 60M) emulex( closed may 16,2015.)
Avago buying broadcom(37B).( to close may 2016) .
Then (el reg aug 18 2015 ) Broadcom investors ->ClassAct lawsuit to block the Avago purchase!.
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Tuesday 27th October 2015 07:16 GMT Pascal Monett
"QLogic is ready for a merger or an acquisition"
That must be true, because it certainly isn't ready to continue working the market.
If I were a customer at this point, I would freeze all spending with QLogic and wouldn't be planning anything new with it until the management situation is resolved - one way or another.
Without a CEO there is no telling what the future of a company is. There is no sense in giving money to such a company when there is no guarantee that they will be around to support the sales in six month's time.
Biting the hand that feeds IT
