Intel Acquires NetEffect

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"NetEffect's role as a data communications solution provider and the company's technology will enhance Intel's current Ethernet efforts," says Tom Swinford, general manager of Intel's LAN Access Division. "The combination of Intel and NetEffect technology will allow Intel to address our customers' most important 10 Gigabit Ethernet (GbE) needs, including server virtualization, convergence of network and storage traffic, and server compute clusters."

Intel purchased NetEffect's assets for $8

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