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QLogic Beats Estimates, Pushes 8-Gig Fibre Channel

HBA specialist QLogic beat analyst estimates with a strong set of fourth-quarter results last night, boosted by the continuing popularity of Fibre Channel.

Despite the advent of InfiniBand and iSCSI, Fibre Channel clearly still has legs as a data center interconnect, and QLogic execs on a call last night described their plans to exploit 8-Gbit/s and even 16-Gbit/s versions of the technology over the coming year.

We are energized by our current market opportunities in 8-Gig Fibre Channel, in InfiniBand switches, and iSCSI technologies,” said H.K. Desai, the QLogic CEO. “We continue to gain traction with our Fibre Channel edge and blade switches."

Desai singled out 8-Gbit/s Fibre Channel as a major growth driver for the company near term. QLogic’s OEM partner HP has already started shipping the vendor’s switches and HBAs in its 8-Gig Simple SAN Connection Kit and Desai confirmed that other OEM deals are in the pipeline.

Buoyed by Fibre Channel demand, the vendor’s fourth-quarter revenues were $159.7 million, a 9 percent hike on the same period last year, and well above analyst estimates of $149.6 million.

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