In early October 2003, Vixel was acquired by Emulex (NYSE:ELX), a supplier of storage networking host bus adapters (HBAs). Vixel Corporation provides technologies and products for data storage solutions and storage networking applications. The Company's products utilize the Fibre Channel protocol, which is an American National Standards Institute (ANSI) defined standard for the transfer of information between computers and storage devices and within storage devices. The Company's products consist of a variety of new embedded storage switch products, as well as its storage area networking (SAN) products that connect computers to data storage devices in a network configuration. Vixel's new embedded storage switch products are based on a switch on a chip that utilizes the Company's proprietary InSpeedM technology and can be embedded in a variety of data storage devices to increase the reliability, improve availability and enhance the performance of these devices. This new switching technology can be sold in chip, blade or box form to original equipment manufacturers for inclusion in their storage solutions.