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Tuesday, Dec 5, 2023
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Chipmaker Solarflare Sells

Irvine-based Solarflare Communications is being sold to San Jose-based Xilinx Inc. on undisclosed terms.

Solarflare’s chips are used in networking by companies in cloud computing and financial technology, or fintech. It’s Orange County’s 11th-largest chipmaker by employee count, with 75 local workers and 200 overall.

Xilinx (Nasdaq: XLNX) has a $30 billion market cap. It was part of a funding round last year for Solarflare, which was founded in 2001 and has raised some $300 million from investors including Oak Investment Partners, Anthem Venture Partners, Acacia Capital Partners and Miramar Venture Partners.

A few months ago Xilinx and Solarflare debuted their first product together, a new type of network interface card which Xilinx said will boost performance and reduce power consumption. It plans more products in areas such as “inline machine learning, video transcoding and data analytics.”

Buying Solarflare brings “market-leading technology and exceptional engineering talent,” said Salil Raje, a Xilinx executive vice president, in a statement.

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Mark Mueller
Mark Mueller
Mark is the Editor-in-Chief of the Orange County Business Journal, one of the premier regional business newspapers in the country. He’s the fifth person to hold the editor’s position in the paper’s long history. He oversees a staff of about 15 people. The OCBJ is considered a must-read for area business executives. The print edition of the paper is the primary source of local news for most of the Business Journal’s subscribers, which includes most of OC’s major corporate and community players. Mark’s been with the paper since 2005, and long served as the real estate reporter for the paper, breaking hundreds of commercial and residential real estate stories. He took on the editor’s position in 2018.
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