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January 23, 2012 07:21 pm GMT

Intel Acquires Fabric Technology InfiniBand From Qlogic For $125M

InfiniBand SwitchesIntel is announcing an acquisition todaythe company has acquired the InfiniBand business from networking and hosting company Qlogic. Intel says a significant number of the employees associated with this business are expected to accept offers to join the company. The acquisition amount was $125 million in cash.InfiniBand is a fabric technology that provides the communications links for data flow between processors and I/O devices. The scalable technology is used to connect servers in high-performance computing (HPC) environments.

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