Helping design and engineering professionals discover, evaluate and specify technologies and processes that shorten the design cycle and enable success.
Alert!
Digital Engineering ceased publication on July 1, 2026. This website remains available as an archive of engineering content.
For inquiries or information, please email [email protected].
Cut Retrieval-Augmented Generation (RAG) Hallucinations by 50%
Most teams hit the same wall with enterprise AI: LLMs that hallucinate, pipelines that don’t scale, and infrastructure that’s harder to design than the models themselves.
What Is Intelligent BOM Management? A Guide to Smarter Product Development
Learn how intelligent Bill of Materials (BOM) management helps teams collaborate, reduce errors, and bring innovative products to market faster with cloud-based PLM tools.
QLogic, a supplier of high performance network infrastructure solutions, announced a definitive agreement to sell the product lines and certain assets associated with its InfiniBand business to Intel for $125 million in cash. The sale is expected to close within this quarter, following the satisfaction of regulatory requirements and other customary closing conditions.
The sale of these InfiniBand assets will benefit our shareholders by enabling us to provide better focus and greater investment in growth opportunities for the data center with our converged networking, enterprise Ethernet, and storage area networking products. After the sale, our cash position will be further strengthened and we expect the impact on earnings per share to be neutral, said Simon Biddiscombe, president and CEO, QLogic. In addition, the sale of these assets to a leading technology innovator and recognized HPC leader will provide a greater investment stream in high performance fabrics for InfiniBand partners and customers.
For more information, visit QLogic.
Sources: Press materials received from the company and additional information gleaned from the company's website.
DE's editors contribute news and new product announcements to Digital Engineering. Press releases may be sent to them via [email protected].
Follow DE
Join over 90,000 engineering professionals who get fresh engineering news as soon as it is published.
About Us · Contact Us · Editorial Team · Advertising · Privacy Policy · Subscriber Services · © 2026 Digital Engineering 24/7 · Peerless Media