ICON Equity Fund Investor (ISTAX)

CAMARILLO, Calif.--(BUSINESS WIRE)--Morgan Stanley forecasts 75 billion “things” will connect to the Internet by 2020, ranging from wearable devices to appliances, transportation and automobiles, and industrial equipment. Goldman Sachs estimates the Industrial Internet of Things (IoT) market at $2 trillion by 2020. As equipment becomes more digitized and connected, easily networking these endpoints poses a broader industry challenge, particularly for companies new to the complexities of wide area networking. Focused on this fast-growing market’s needs, Vitesse Semiconductor Corporation (Nasdaq: VTSS), a leading provider of IC solutions to advance "Ethernet Everywhere" in Carrier, Enterprise and Internet of Things (IoT) networks, introduced its IStaX™ software (VSC6815SDK), a robust protocol stack to simplify deployment and management of Industrial-IoT network applications such as Industrial Ethernet switching, surveillance, video distribution, LCD signage, intelligent sensors, and metering equipment. Leveraging technologies proven in the Carrier and Enterprise markets, IStaX is designed to work across Vitesse’s extensive portfolio of Ethernet switches and PHYs, enabling high level of return on investment and uniform delivery of customer experience to the end user. Critical factors for networks in Industrial-IoT markets include: Ease-of-use Security, including firewall and intrusion protection Determinism, including high-precision timing and synchronization Network resiliency “Smart connected systems and the IoT comprise a technical and economic phenomenon of unprecedented scale, and will demand an agile global network that can scale comfortably to billions if not trillions of nodes,” said Glen Allmendinger, founder and president of Harbor Research. “Anything that can reduce this networking complexity across the verticals, such as Vitesse is doing, will be a tremendous value-add, enabling new modes of business intelligence, collaboration and services delivery.” “Vitesse tripled its Industrial-IoT customer base over the past year. As the IoT continues expanding, the number of companies requiring networking know-how will only proliferate,” noted Larry O’Connell, product marketing director at Vitesse. “Our goal is to make their path to market as easy as possible by leveraging Vitesse’s expertise in Ethernet networking, security and timing synchronization. As we’ve proven in Carrier markets, our turnkey IC and software solutions can reduce time-to-market for Industrial-IoT equipment by nearly 70%.” Versatile Software Layer Optimized for Industrial-IoT Applications IStaX software works in conjunction with Vitesse’s industrial-grade Ethernet switch and PHY portfolio to simplify Ethernet networking and connectivity with various capabilities including: IEEE 1588 PTP protocol support with Vitesse’s VeriTime™ to support deterministic network requirements, critical for high-precision industrial control systems; Rich set of L2/L3 features enabling customers to segment industrial from Enterprise networks, and optimize the former for maximum bandwidth and uptime; and Ethernet ring protection ensuring continued operations during equipment service disruption or failure, meeting the most demanding operational requirements of control systems. Learn more at www.vitesse.com/IoT. About Vitesse Vitesse (Nasdaq: VTSS) designs a diverse portfolio of high-performance semiconductor solutions for Carrier, Enterprise and IoT networks worldwide. Vitesse products enable the fastest-growing network infrastructure markets including Mobile Access/IP Edge, Enterprise Cloud Access, and Industrial-Internet of Things (IoT) Networking. Visit www.vitesse.com or follow us on Twitter @VitesseSemi. Vitesse is a registered trademark and IStaX and VeriTime are trademarks of Vitesse Semiconductor Corporation in the United States and other jurisdictions. All other trademarks or registered trademarks mentioned herein are the property of their respective holders. VTSS-G