Sunday, November 29, 2009

Broadcom to Acquire Dune Networks for $187 Million

Broadcom agreed to acquire Dune Networks, a privately-held developer of switch fabric solutions for data center networking equipment, for approximately $178 million in cash.

Dune Networks, which is based in Yakum, Israel, offers a scalable chipset that supports bandwidth speeds of up to 100Gbps per port and can connect more than ten thousand servers (ports) in a single deployment. Its SAND chip-set includes a family of Fabric Element (FE) devices and a family of line-card devices named Fabric Access Processor (FAP) devices. Target applications include Carrier Core and Edge Router Platforms, Carrier Ethernet Switching Platforms, Carrier next generation Packet Transport Platforms, Enterprise Ethernet Switches and Routers and data center switching platforms.

"Dune's massively scalable interconnect fabric, combined with our Ethernet products, augments our portfolio of solutions for data center networking equipment," said Martin Lund, Vice President and General Manager, Broadcom's Network Switching line of business. "This technology is particularly well suited to meet the emerging requirements for cloud computing networks at a large scale, and will enable us to address new market applications for Ethernet in the data center."

Dune Networks is a semiconductor supplier of networking devices, facilitating the build of Data Center, Enterprise and Carrier Ethernet Solutions. Dune Networks provides a switching solution that truly scales in capacity, port rate and service scheme. This extends the life cycle of packet platforms from the legacy 3 years up to 10 years and more, significantly improving the economics of packet networks. Founded in the year 2000, Dune Networks' offices are located in Sunnyvale, California and Yakum, Israel.

  • In April 2009, Dune Networks announced an $8.3 million in series B funding led by Evergreen Venture Partners. Evergreen joined existing series B investors USVP, Pitango, Aurum, JVP and Alta Berkeley. This additional funding brought the total amount of funding raised to date to $53 million.

  • Dune Networks is headed by Eyal Dagan (DEO), who previously was a co-founder and CEO of Charlotte's Web Networks, which developed high-end core equipment for next generation optical networks.

See also