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Last €9.33 EUR
Change Today +0.421 / 4.72%
Volume 0.0
QLG On Other Exchanges
As of 1:27 PM 10/5/15 All times are local (Market data is delayed by at least 15 minutes).

qlogic corp (QLG) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/16/15 - €14.22
52 Week Low
10/13/14 - €6.91
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for QLOGIC CORP (QLG)

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qlogic corp (QLG) Details

QLogic Corporation designs and supplies high performance server and storage networking infrastructure products that provide, enhance, and manage computer data communication. Its products facilitate the transfer of data and enable resource sharing between servers, networks, and storage. The company offers advanced connectivity platforms comprising adapters and application-specific integrated circuits for server and storage connectivity applications; and legacy connectivity products consisting of fiber channel switch products, as well as 10Gb Ethernet standard adapters, Internet small computer systems interface products, and fiber channel over Ethernet products. Its products are used in enterprise, managed service provider, consumer Web, cloud service provider data centers, and other environments. The company sells its products to original equipment manufacturers and distributors worldwide. QLogic Corporation was founded in 1992 and is headquartered in Aliso Viejo, California.

927 Employees
Last Reported Date: 05/26/15
Founded in 1992

qlogic corp (QLG) Top Compensated Officers

Chief Executive Officer and Chief Financial O...
Total Annual Compensation: $376.4K
Senior Vice President and General Manager of ...
Total Annual Compensation: $394.0K
Senior Vice President and General Manager of ...
Total Annual Compensation: $238.8K
Senior Vice President of Global Engineering
Total Annual Compensation: $186.3K
Senior Vice President of Worldwide Sales
Total Annual Compensation: $254.8K
Compensation as of Fiscal Year 2015.

qlogic corp (QLG) Key Developments

Glancy Prongay & Murray LLP Files Securities Class Action Lawsuit Against QLogic Corporation

Glancy Prongay & Murray LLP(GPM) announced that it has filed a class action lawsuit in the United States District Court for the Central District of California on behalf of a class of purchasers of QLogic Corporation securities between April 30, 2015 and July 30, 2015, inclusive (class period). The complaint charges QLogic and certain of its officers with violations of the federal securities laws. Specifically, the Complaint alleges that throughout the class period, defendants failed to disclose that: the company was being adversely impacted by lower than expected demand due to weakness in its enterprise server and storage markets; the company was being negatively impacted by operational issues including an inventory build-up at a major OEM customer; as such, the company’s financial results were being negatively impacted; and as a result of the foregoing, the company’s statements about its business, operations, and prospects lacked a reasonable basis. On July 30, 2015, QLogic revealed that its financial results had been adversely impacted by operational issues including an inventory build-up primarily at a major OEM customer. On this news, the company's shares fell $2.51 per share, over 22%, to close at $8.87 per share on July 31, 2015.

QLogic Unveils QCC Plug-In for VMware's vCenter Server and vSphere Web Client

QLogic announced its QConvergeConsole plug-in for VMware's vCenter Server and vSphere Web Client with enhanced support for QLogic's 10Gb Ethernet FastLinQ adapters. Understanding the need for a solution that provides a flexible, easy to manage infrastructure for protocol assignment, the company’s QCC plug-in delivers a method for automating the visibility and management of storage and network components in the data center.

QLogic Teams with HP and Brocade to Automate SAN Management in the Enterprise

QLogic, HP and Brocade released HP Smart SAN for 3PAR StoreServ, a standards based solution with express provisioning technology, that allows storage administrators to orchestrate end-to-end deployment from servers to storage in as little as one minute. Leveraging the embedded intelligence of QLogic Gen 5 (16Gb) Fibre Channel SAN components and Brocade Gen 5 switches, HP Smart SAN simplifies tasks associated with connecting and managing HP 3PAR StoreServ arrays in a SAN environment. HP Smart SAN integrates effortlessly with HP 3PAR StoreServ Management Console (SSMC) to streamline and automate tasks associated with configuring, troubleshooting and testing end-to-end diagnostics in the SAN environment, all from one management console. Other HP Smart SAN advantages include: Simplifies Management Complexity: HP Smart SAN's seamless integration with HP StoreServ Console simplifies tasks associated with SAN configuration, troubleshooting and end-to-end diagnostics testing, ensuring storage administrators at all experience levels can easily and effectively zone fabrics, map servers and execute SAN diagnostics from one management console. Reduces OPEX: By leveraging embedded Gen 5 Fibre Channel firmware from QLogic and advanced diagnostics from Brocade, overall operational expenses are reduced, as additional installs and costs are not required for deployment or use. For example, customers can simplify zoning setups with 80% fewer steps. Decreases Time to Deployment: HP Smart SAN reduces the time to deploy and orchestrates HP 3PAR StoreServ connectivity to SAN environments. Tests show that 128 initiators can be configured to connect to an HP 3PAR StoreServ array in one minute or less with HP Smart SAN, where conventional methods require more than two hours. In field tests, system engineers reported that the HP Smart SAN setup and deployment took up to 99% less time than other solutions. Future Roadmap and Intelligent Industry Standards: Making intelligent use of industry-standard Fibre Channel FDMI commands, HP Smart SAN simplifies and consolidates SAN management and lays the roadmap for improved future integration with other management platforms.


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