Broadcom buys cloud chipset maker for €118m
Broadcom is to acquire cloud computing chipset maker Dune Networks for $178 million (€118m). Dune’s chipset supports bandwidth speeds of up to 100 Gbps per port and can connect more than 10,000 servers in a single deployment.
“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,” said Broadcom's network switching line of business vice president Martin Lund.
Since launching in 2000 Dune has raised $53 million in venture funding from investors including Alta Berkeley, Aurum-SBC Ventures and Evergreen.
Meanwhile, IBM has acquired enterprise database monitoring and protection specialist Guardium. Financial terms of the deal were not disclosed as Guardium is a privately-held company.
Designed for cross-platform environments, Guardium's technology identifies patterns and anomalies in data access and usage allowing organizations to maintain the integrity of their data and turn it into a strategic business asset.
“Organizations are grappling with government mandates, industry standards and business demands to ensure that their critical data is protected against internal and external threats. This acquisition is another significant step in our abilities to help clients govern and monitor their data,” said IBM Information Management general manager Arvind Krishna.