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Emulex Corporation (NYSE:ELX) is a global provider of enterprise-class solutions and technologies that intelligently connect storage, servers and networks, to ensure data access that's open, secure and adaptable. We are a leader and catalyst for innovation and investment protection with a proven record of success that spans nearly 30 years. The world's leading OEMs rely on award-winning Emulex HBAs, intelligent storage platforms and embedded storage products, including switches, bridges, routers and I/O controllers, to build reliable, scalable and high performance storage and server solutions for the world's largest, most demanding data centers.
Record-setting growth
Record-setting successes in design wins, revenue growth and industry partnerships, indicate that Emulex and its products are enjoying widespread market acceptance. In FiscalYear 2006, annual revenue exceeded $400 million for the first time in company history, reaching a record $402.8 million. This milestone represents eight consecutive years of revenue growth, an unprecedented achievement in the storage networking industry.
Strong balance sheet
The Company's balance sheet also remained very strong, as it exited fiscal 2006 with $363 million in net cash, an increase of $75 million over fiscal 2005 (net of $32 million used to acquire Aarohi Communications).
