Cisco Takes Over Extrablaze, Expands Low latency Portfolio

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Cisco Takes Over Extrablaze, Expands Low latency Portfolio

Extrablaze, a privately held global provider of ultra low latency networking equipment based in Sydney, has agreed to be acquired by networking giant Cisco.

Cisco believes that integrating Exablaze’s products and technology into its portfolio will give its customers in industries and market segments such as high-frequency trading (HFT), financial services, high-performance computing, and emerging artificial intelligence/machine learning clusters a substantial edge.

In the case of the high frequency trading sector, every sliver of time matters,

Rob Salvagno, vice-president of corporate development and investments at Cisco, wrote in a blog post.

By adding Exablaze’s segment-leading ultra-low latency devices and FPGA-based applications to our portfolio, financial and HFT customers will be better positioned to achieve their business objectives and deliver on their customer value proposition. Together, Cisco and Exablaze will accelerate next-generation low-latency solutions for internet-based networks.

Exablaze chairman and co-founder Greg Robinson posted about the transaction, declaring himself

very flattered that an organization of Cisco’s size and calibre would show interest in us, let alone seek to acquire us, and we are very excited by the opportunities that lie ahead.

Cisco believes that Exablaze’s technology can also be applied to artificial intelligence and machine-learning applications, as well as high-performance computing, data center, cloud and edge computing scenarios.

Author: Tim Cole
Image Credit: Cisco

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