Cavium's (CAVM) offer to exchange all of the outstanding shares of common stock of QLogic (QLGC) for $11.00 in cash and 0.098 shares of Cavium common stock for each share of QLogic common stock has been extended pursuant to the marketing period provided by the merger agreement entered into on June 15 among Cavium, Quasar Acquisition Corp., the offeror and a wholly owned subsidiary of Cavium, and QLogic in connection with Cavium's debt financing for the transaction. The offer will now expire at 5:30 p.m., NYC time, on August 15. All other terms and conditions of the offer remain unchanged. Cavium expects the transaction to close on or about August 16.