Wednesday, May 15, 2013

Mellanox Buys Kotura

Mellanox Technologies, the developer of interconnect hardware for the server and storage market--and which has been a pioneer in the Infiniband market--has acquired optical photonics firm Kotura. Mellanox said it would pay $82M in cash for Kotura, in a deal which will bolster its ability to deliver optical, high speed networking equipment. Mellanox said it would establish a new R&D center at Kotura's location, which is in the Los Angeles area. Kotura was backed by ARCH Venture Partners, GF Private Equity Group, Rockley Ventures, and Viterbi Group.