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Cisco Acquires Exablaze for Ultra-Low-Latency Networking Boost

2019-12-24 13:26:50

 

Cisco got itself a little stocking stuffer for the holidays, snapping up Exablaze, a 31-person Australian networking company specializing in Field Programmable Gate Array (FPGA) technology for ultra-low-latency applications such as high-frequency trading and emerging telco services such as 5G and edge.

 

Exablaze supplies ultra-low-latency Layer 1 FPGA-based switches and network interface cards (NICs) as well as picosecond resolution timing technology, Cisco says in a statement.

 

In addition to high-frequency trading, Exablaze has applications in artificial intelligence, machine learning, high-performance computing, data center, cloud and edge computing, Cisco says. Exablaze customers include Goldman Sachs, Morgan Stanley, JP Morgan, Bank of America and RBC.

 

"In the case of the high frequency trading sector, every sliver of time matters. By adding Exablaze's segment leading ultra-low latency devices and FPGA-based applications to our portfolio, financial and [high-frequency trading] customers will be better positioned to achieve their business objectives and deliver on their customer value proposition," Rob Salvagno, Cisco VP corporate development and investments, says in a blog post.

 

The two companies did not disclose terms of the deal. Cisco says it anticipates the "vast majority" of Exablaze employees will join Cisco.



    
 
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