Product category: Communications ICs (Wired)
News Release from: National Semiconductor
Edited by the Electronicstalk Editorial Team on 08 April 2002
National joins with iReady to exploit
networks
National Semiconductor and iReady have formed a strategic partnership aimed at delivering semiconductor solutions for the Gigabit Ethernet and iSCSI storage networking markets.
National Semiconductor and iReady have formed a strategic partnership aimed at delivering next-generation semiconductor solutions for the Gigabit Ethernet and Internet small computer system interface (iSCSI) storage networking markets The companies also revealed that National served as the lead investor in iReady's recently completed $19 million financing round
This article was originally published on Electronicstalk on 5 Jan 2001 at 8.00am (UK)
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iSCSI is the emerging standard in storage networking.
IDC, a market analyst firm, estimates that this market is expected to grow at more than 400% compound annual growth rate in the next five years.
Under the terms of a broad joint development agreement, National and iReady will together deliver system-on-a-chip solutions which will leverage industry-leading intellectual property from both companies.
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The result of the partnership will be a combination of TCP/IP, IPsec, GigMAC, GigPHY and iSCSI into a single core.
The companies will incorporate these technologies into a next-generation Ethernet communications stack, the EthernetMAX (Media Access Xccelerator) core, which they will jointly market in various semiconductor solutions.
The first products from this collaboration are expected later this year.
"National Semiconductor has been a leader in Ethernet technology and product development since its inception", said Michael Noonen, vice president of wired communications division at National Semiconductor.
"Our partnership with iReady to develop EthernetMAX architecture and products continues that legacy.
With iReady, we will redefine Ethernet performance and deliver truly enhanced productivity, utilisation and availability to end users".
"Network storage represents the first of many market opportunities for transport offload technology.
Our partnership with National Semiconductor ensures that we will not only be able to deliver best of breed technology solutions to the storage market, but also to a broad spectrum of markets", said Ryo Koyama, CEO of iReady Corporation.
iSCSI is a new Internet Protocol (IP)-based storage networking standard for linking data storage facilities.
iSCSI, which carries SCSI commands over IP networks, is expected to help bring about rapid development of the storage area network (SAN) market by increasing the capabilities and performance of storage data transmission.
iSCSI can also be used to transmit data over local area networks (LANs), wide area networks (WANs) or the internet, and can enable location-independent data storage and retrieval.
In addition to National Semiconductor, investors in iReady's financing round included Telos Venture Partners, Donald L.
Lucas, Canaan Partners, Jafco of America, Crescendo Ventures, BJ Cassin, RWI group, Crown Advisors and Black Diamond Ventures.
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