NVIDIA and Mellanox just announced that NVIDIA has agreed to a cash purchase of all issued and outstanding common stock at a price of $125/share.
Nvidia acquires Mellanox for $6.9 Billion
LINE Corporation Collaborates with Mellanox and Cumulus Networks to Power Advanced Messaging Platform
Provider of Japan’s Largest Messaging App Deploys Mellanox Open Ethernet Switches Running Cumulus Linux in 1000+ Switches, Tens of Thousands of Compute Nodes Data Center
Reports that Mellanox is looking for a potential sale
Reports over the past few days reported that that Mellanox is looking at a potential has quickly driven up the price of its stock.
Mellanox Announces Agreement with Starboard
Jack Lazar, Jon Olson and Greg Waters will replace Dov Baharav, Shai Cohen and Tom Riordan on the Board of Directors of Mellanox as part of the agreement between Mellanox and Starboard. The agreement also calls for operating performance thresholds for FY2018 and FY2019 that will determine whether Starboard will have the right to appoint a direct representative to the Board.
Eyal Waldman discusses the changes in management that come with growth
In Shoshanna Solomon's article (in French) for the Times of Israel about how founders of startups need to let go, she discusses how change affects management style. Among others, she quotes Eyal Waldman of Mellanox as saying "...when the company was a start-up, I was much more involved in all the processes. I miss that. I used to be more involved. Now I need to talk a lot. It is more difficult to play on the playground of adults, because if you fail, the fall is stronger and more difficult. "
Proxy fight at Mellanox heats up as Starboard Value continues to attack management
The New York Times reported that Starboard Value, which started the proxy fight, just sent a letter to Mellanox attacking its policy of stock grants to executives.
Mellanox Technologies Ranks Among Deloitte’s 50 Fastest Growing Technology Companies In Israel
SUNNYVALE, Calif. & YOKNEAM, Israel--(BUSINESS WIRE)--Mellanox Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of high-performance, end-to-end smart interconnect solutions for data center servers and storage systems, today announced that the company has been ranked by the international accounting and consulting firm Deloitte as among the 50 fastest growing technology companies in Israel.
Mellanox’s smart interconnect solutions, based on Ethernet and InfiniBand, are used by many of the world’s largest and leading corporations and organizations, including hyperscale companies, enterprises, leading government institutes, national universities, global banks and others, to enable essential global efforts in artificial intelligence, autonomous cars, deep learning platforms, climate research, computer imaging, national security and more.
“The Deloitte Israel Fast 50 ranks companies based on their sustained revenue growth over four years,” said Shally Tshuva, Technology, Media & Telecommunications Industry Leader at Deloitte Israel. “Being one of the 50 fastest growing technology companies in Israel is a great indication of Mellanox’s achievements and leadership.”
“We are pleased to have been selected as one of the 50 fastest growing tech companies in Israel,” said Eyal Waldman, president and CEO of Mellanox Technologies. “This achievement is a reflection of the outstanding people at Mellanox who continue to create smart, competitive and innovative solutions for connecting servers and storage platforms. Our technology enables and accelerates many high-performance, artificial intelligence, cloud, big data, security, financial and other data centers, providing our users with the best return on investment. I am very proud of our team and look forward to our next big achievement together.”
Supporting Resources:
- Follow Mellanox on Twitter, Facebook, Google+, LinkedIn, and YouTube
- Join the Mellanox Community
About Mellanox
Mellanox Technologies (NASDAQ: MLNX) is a leading supplier of end-to-end InfiniBand and Ethernet smart interconnect solutions and services for servers and storage. Mellanox interconnect solutions increase data center efficiency by providing the highest throughput and lowest latency, delivering data faster to applications and unlocking system performance capability. Mellanox offers a choice of fast interconnect products: adapters, switches, software and silicon that accelerate application runtime and maximize business results for a wide range of markets including high performance computing, enterprise data centers, Web 2.0, cloud, storage and financial services. More information is available at: www.mellanox.com.
Contacts
Mellanox Technologies, Ltd.
Press/Media Contact
McGrath/Power Public Relations and Communications
Allyson Scott, +1-408-727-0351
allysonscott@mcgrathpower.com
or
Israel PR Contact
Galai Communications Public Relations
Jonathan Wolf, +972 (0) 3-613-52-84
yoni@galaipr.com
Mellanox Technologies, Ltd. to Present at Upcoming Investor Conferences
SUNNYVALE, Calif. & YOKNEAM, Israel--(BUSINESS WIRE)-- Mellanox® Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of end-to-end interconnect solutions for servers and storage systems, today announced that it will present at the following conferences during the fourth quarter of 2017:
- Credit Suisse 21st Annual Technology, Media, and Telecom Conference in Scottsdale, AZ, Tuesday, Nov. 28th, 2:30 p.m., Mountain Standard Time.
- NASDAQ 37th Investor Conference in London, England, Wednesday, Dec. 6th, 4:00 p.m., Greenwich Mean Time.
- Barclays Global Technology, Media, and Telecommunications Conference in San Francisco, CA, Thursday, Dec. 7th, 3:00 p.m., Pacific Standard Time.
When available, a webcast of the live event, as well as a replay, will be available on the company's investor relations website at: http://ir.mellanox.com.
About Mellanox
Mellanox Technologies (NASDAQ: MLNX) is a leading supplier of end-to-end InfiniBand and Ethernet smart interconnect solutions and services for servers and storage. Mellanox interconnect solutions increase data center efficiency by providing the highest throughput and lowest latency, delivering data faster to applications and unlocking system performance capability. Mellanox offers a choice of fast interconnect products: adapters, switches, software and silicon that accelerate application runtime and maximize business results for a wide range of markets including high performance computing, enterprise data centers, Web 2.0, cloud, storage and financial services. More information is available at: www.mellanox.com.
Note: Mellanox is a registered trademarks of Mellanox Technologies, Ltd.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171031005145/en/
Mellanox Technologies, Ltd.
Press/Media Contact
McGrath/Power Public Relations and Communications
Allyson Scott, +1-408-727-0351
allysonscott@mcgrathpower.com
Investor Contact
Jeffrey Schreiner, +1-408-916-0012
jschreiner@mellanox.com
Israel PR Contact
Galai Communications Public Relations
Jonathan Wolf, +972 (0) 3-613-52-84
yoni@galaipr.com
Source: Mellanox Technologies, Ltd.
According to Mellanox CEO, faster data will change the world
While at the GPU in Tel Aviv, Eyal Waldman, the CEO of Mellanox gave his vision of the future to Jerusalem Post reporter Max Schindler. His vision includes how faster data will change medicine, reduce road casualties, reduce crime and otherwise impact our daily lives. He also discusses why he withstands pressure from stockholders to move the headquarters from Yokneam to the US, and the benefits of integrating Arab Israelis and Palestinians in Gaza and the West Bank into the Israeli high tech workplace at Mellanox.
Al Monitor reports that Mellanox employs programmers from Gaza
According to Khaled Abu Amer, Mellanox is one of a number of Israeli high tech companies that employ programmers in Gaza and is the first company to have signed contracts with a Gaza technology company since Hamas took over Gaza in 2007.