Exar announced its withdrawal from the data center virtualization market. The company will stop development of 10 Gigabit Ethernet Network Interface Cards, including the X3100 and Xframe products acquired from Neterion in March 2010. This move to reduce expenses associated with the 10GbE NIC products allows Exar to focus on products with more significant market traction in the enterprise storage and communications infrastructure markets.
“We made this decision based on a combination of factors, including lack of revenue traction for our data center virtualization products, the increasing investment required for developing next generation 10GbE products, and our interest in ensuring that other better performing investments are properly funded,” said Pete Rodriguez, the company’s President and CEO. http://www.exar.com
