August 16, 2013
SUNNYVALE, Calif. and YOKNEAM, Israel, Aug. 16 -- Mellanox Technologies, Ltd., a leading supplier of end-to-end interconnect solutions for servers and storage systems, 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.
“We look forward to the integration of Kotura’s technologies into our solutions, and we welcome Kotura’s employees into the Mellanox family.”
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 competiveness 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.”
Mellanox Technologies is a leading supplier of end-to-end InfiniBand and Ethernet 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, cables 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.
Source: Mellanox Technologies
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