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8-K - FORM 8-K - CAVIUM, INC. | f54377e8vk.htm |
EX-4.1 - EX-4.1 - CAVIUM, INC. | f54377exv4w1.htm |
EX-10.1 - EX-10.1 - CAVIUM, INC. | f54377exv10w1.htm |
Exhibit 99.1
Cavium Networks Contact:
Angel Atondo
Marketing Communications Manager
Tel: (650) 623-7033
Email: angel.atondo@caviumnetworks.com
Angel Atondo
Marketing Communications Manager
Tel: (650) 623-7033
Email: angel.atondo@caviumnetworks.com
Cavium Networks Completes Acquisition of MontaVista Software
MOUNTAIN VIEW, CA, December 18, 2009 Cavium Networks (NASDAQ: CAVM), a leading provider of
highly integrated semiconductor products that enable intelligent processing for networking,
wireless, storage and video applications, today announced that they have completed their
acquisition of MontaVista Software, Inc., finalizing an agreement that was announced on November
10, 2009.
MontaVista Software is a leader in multi-core embedded Linux operating systems, virtualization,
development tools and professional services with a broad array of Tier-1 customers. Embedded
Linux is fast becoming the operating system of choice for hundreds of millions of devices ranging
from very large carrier grade equipment to consumer electronics. Traditionally embedded devices
used a proprietary OS or commercial real-time operating system. However, there is a major trend
towards using embedded Linux. This rapid adoption of Linux in embedded networking, wireless,
consumer electronics, mobile devices and storage is driving the demand for a high quality,
commercial grade embedded Linux along with support for multi-core processors and embedded
virtualization.
Software is becoming an increasingly important part of the total multi-core processor solution and
this acquisition will complement Cavium Networks broad portfolio of multi-core processors to
deliver more highly compelling, integrated and differentiated embedded solutions to the market.
The MontaVista brand name will continue to be used and MontaVista will maintain its own dedicated
and focused engineering, sales and product management staff along with supporting multiple
processor architectures from leading semiconductor vendors. MontaVistas customers and partners
will see no change in customer facing field operations and the web-based support and product
download sites will be maintained. Art Landro, previously Executive Vice President of MontaVistas
Worldwide Field Operations, has been appointed as the President of MontaVista Software. Prior to
joining MontaVista in 2007, Art Landro held Vice President positions at EMC Corporation,
Documentum, Cadence Design, and General DataComm.
About Cavium Networks
Cavium Networks is a leading provider of highly integrated semiconductor products that enable
intelligent processing in networking, communications, storage and video applications. Cavium
Networks offers a broad portfolio of integrated, software-compatible processors ranging in
performance from 10 Mbps to 40 Gbps that enable secure, intelligent functionality in enterprise,
data-center, broadband/consumer and access and service provider equipment. Cavium Networks
processors are supported by ecosystem partners that provide operating systems, tool support,
reference
designs and other services. Cavium Networks principal offices are in Mountain View, CA with design
team locations in California, Massachusetts, India and Taiwan. For more information, please visit:
http://www.caviumnetworks.com.
###
Note on Forward-Looking Statements
This press release contains forward-looking statements regarding future events that involve risks
and uncertainties. Words such as will, plans and expect and similar expression are intended
to identify forward-looking statements. These forward-looking statements are based upon Caviums
current expectations. Forward-looking statements involve risks and uncertainties, as well as
assumptions that if they do not fully materialize or prove incorrect, could cause our results to
differ materially from those expressed or implied by such forward-looking statements. The risks and
uncertainties that could cause our results to differ materially from those expressed or implied by
such forward-looking statements include but are not limited to technological advances; pricing
pressures; general economic conditions; development of new products and technologies; whether
Cavium is successful in marketing its products; the success of integrating MontaVista Software
products with Caviums products and other risks and uncertainties described more fully in our
documents filed with or furnished to the Securities and Exchange Commission. More information about
these and other risks that may impact Caviums business are set forth in the Risk Factors section
of Caviums Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on
November 3, 2009 and Caviums Form 10-K filed with the Securities and Exchange Commission on March
2, 2009. Cavium expressly disclaims any obligation or undertaking to release publicly any updates
or revisions to any forward-looking statements contained herein.