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Bloomberg reported. QLogic shares, which were temporarily halted for volatility on Friday afternoon, closed up 87 cents, or almost 7%, at $13.66, giving the company a market value of $1.13 billion. Qatalyst Partners, founded in 2008 and led by Frank Quattrone, who was named Financial Dealmaker of the Year in 2013 by the San Francisco Business Journal, is a technology-focused boutique investment bank that specializes in mergers and acquisitions. Quattrone previously headed the global Technology Groups for Morgan Stanley, Deutsche Bank and Credit Suisse. The firm’s advisory and acquisition deals have included eBay, LifeSize, Google, GoDaddy.com, Taleo, Motorola, and others. Quatalyst is based in San Francisco with an additional office in London. QLogic 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 was founded in 1992 and is headquartered in Aliso Viejo, California.]]>