Mellanox Completes Acquisition of Kotura

For $82 million in cash as expected

Mellanox Technologies, Ltd. completed the acquisition of privately held Kotura, Inc., 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 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.

Author: Anonymous

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