Monday, November 29, 2010

Mellanox Technologies Buys Voltaire

Sunnyvale-based Mellanox Technologies, a maker of Infiniband networking products, said Monday that it has acquired Israeli firm Voltaire Ltd.. Mellanox said it would pay $8.75 per share for Voltaire, or approximately $218M. The deal is worth $176M net of cash. Voltaire is a maker of server and storage fabric switches, also in the Infiniband market.