Cisco Buys Exablaze, Scores Ultra-Low Latency FPGA Tech - SDxCentral

Cisco today said it reached a deal to buy Exablaze, a low-latency networking device maker, for an undisclosed amount. The acquisition adds Exablaze's field programmable gate array (FPGA) based devices to Cisco's portfolio, which the networking giant says will boost its intent-based networking (IBN) strategy. Cisco expects the acquisition to close by the third quarter of fiscal 2020. Some market segments in particular like high-frequency trading (HFT), financial services, high-performance computing, and emerging artificial intelligence (AI)/machine learning (ML) clusters require extreme network capacity, flexibility, and speed, wrote Rob Salvagno, VP of corporate development and Cisco Investments, in a blog post about the acquisition. "In the case of the high frequency trading sector, every sliver of time matters," he wrote.