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Date Announced: 15 Aug 2013
Leading silicon photonics technology to enable next-generation, end-to-end 100Gb/s interconnect solutions.
SUNNYVALE, Calif. & YOKNEAM, Israel--(BUSINESS WIRE)--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 Kotura, Inc., a leading innovator and developer of advanced silicon photonics optical interconnect technology for high-speed networking applications, at a total cash purchase price of approximately $82 million, subject to certain working capital and other adjustments.
The transaction enhances Mellanox’s ability to provide leading technologies for high-speed, scalable and efficient end-to-end interconnect solutions, and is expected to increase Mellanox’s competitiveness to meet the growing demands of high-performance, Web 2.0, cloud, data center, database, financial services and storage applications.
Kotura’s current location in Monterey Park, California, will serve as Mellanox’s first R&D center in the United States.
“Through our acquisition of Kotura, we now have the silicon photonics technology to continue the development of best-in-class, next-generation InfiniBand and Ethernet interconnect solutions for 100Gb/s and beyond. This acquisition solidifies our strategy to provide full end-to-end interconnect solutions for our server and storage customers,” said Eyal Waldman, president and CEO of Mellanox Technologies.
“We look forward to the integration of Kotura’s technologies into our solutions, and we welcome Kotura’s employees into the Mellanox family.”
Source: Mellanox Technologies
E-mail: via web site
Web Site: www.mellanox.com
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