Transaction enhances Mellanox's ability to deliver optical interconnect solutions at 100 Gbit/s and beyond

July 3, 2013

1 Min Read

SUNNYVALE, Calif. -- Mellanox Technologies, Ltd. (NASDAQ: MLNX; TASE: MLNX), a leading supplier of end-to-end interconnect solutions for servers and storage systems, today announced that it completed the acquisition of privately held IPtronics A/S, a leader in optical interconnect component design for digital communications, at a total cash purchase price of $47.5 million, subject to certain working capital and other adjustments.

The transaction enhances Mellanox’s ability to deliver complete end-to-end optical interconnect solutions at 100Gb/s and beyond, and is expected to increase Mellanox’s competiveness and position as a leading provider of high-performance, end-to-end interconnect solutions for servers and storage systems.

IPtronics’ current location in Roskilde, Denmark, will serve as Mellanox’s first R&D center in Europe. Mellanox expects to expand its customer support presence within Europe from this location.

Mellanox Technologies Ltd.

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