Semiconductors M&A » By The Online Investor Staff, updated Tue., Aug. 9, 3:40 AM
Recent mergers and acquisitions in the Semiconductors M&A category.
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Slide #72. Mellanox Technologies Ltd. — IPtronics A/S
Acquirer:
Mellanox Technologies Ltd. (MLNX)
Acquiree:
IPtronics A/S
Details:
Mellanox Technologies, Ltd. (NASDAQ: MLNX; TASE:MLNX), a leading supplier of end-to-end interconnect solutions for servers and storage systems, announced its intent to acquire privately held IPtronics A/S, a leader in optical interconnect component design for digital communications. Mellanox and IPtronics have signed a definitive agreement under which Mellanox will acquire IPtronics at a total cash purchase price of approximately $47.5 million, subject to certain adjustments. The terms of the transaction have been unanimously approved by both the Mellanox and IPtronics Boards of Directors.
Mellanox Technologies is a fabless semiconductor company that designs, manufactures and sells interconnect products and solutions. Co.'s products facilitate data transmission between servers, storage systems, communications infrastructure equipment and other embedded systems. Co.'s products include adapter integrated circuits (ICs) and cards (ConnectX® and Connect-IB™ product family) and switch ICs (InfiniScale®, SwitchX®, SwitchX®-2, Spectrum®, Switch-IB™ and Quantum® product families) and systems, gateway ICs (BridgeX® product family) and gateway systems, long-haul systems (MetroX®), Bluefield family SOC multicore and SmartNIC processors, software, and LinkX® cables and transceivers.
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