Mellanox Technologies Ltd. Announces Definitive Agreement to Acquire Integrity Project

  Mellanox Technologies Ltd. Announces Definitive Agreement to Acquire
  Integrity Project

   Acquisition to enhance Mellanox’s ability to develop and provide richer
    software solutions that enable the most effective compute and storage
                                  platforms

Business Wire

SUNNYVALE, Calif. & YOKNEAM, Israel -- June 24, 2014

Mellanox® Technologies, Ltd. (NASDAQ:MLNX), a leading supplier of end-to-end
interconnect solutions for servers and storage systems, announced its intent
to acquire privately-held Integrity Project, which includes an accomplished
team of software technology veterans. Based in Ramat-Gan, Israel, Integrity
Project was formed out of an elite military technology unit, specializing in
the fields of connectivity, low-level development, real-time applications, and
security. Mellanox is acquiring Integrity Project for its software expertise,
which further enhances Mellanox’s commitment to providing superior solutions.
The acquisition positions Mellanox to broaden its customer base by adding
software solutions designed to enable customers to achieve optimal performance
from all interconnect components.

Mellanox and Integrity Project have signed a definitive agreement under which
Mellanox will acquire Integrity Project. The transaction is currently
projected to close in the third quarter of 2014, subject to the completion of
certain closing conditions.

“The new and emerging Web 2.0 and cloud applications that influence our daily
lives depend on the rapid handling of data,” said Eyal Waldman, president and
CEO of Mellanox Technologies. “We expect that the Integrity Project
acquisition will further enhance our software team’s capabilities to provide
the best compute and storage platforms, such as CloudX™, to enable our
customers to best meet the growing demands of applications and the usage of
the data within high-performance, Web 2.0, cloud, and storage environments. We
welcome the talented team from Integrity Project and look forward to their
contribution to Mellanox’s continued growth.”

“Together, we will focus on increasing the Mellanox’s software development
capabilities to further enable cloud data centers to run applications faster
and more efficiently,” said Elad Raz, founder and CTO of Integrity Project.
“The Integrity Project team is delighted to join the Mellanox team and look
forward to working together to drive the company’s growth.”

About Mellanox

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.

Mellanox is a registered trademark of Mellanox Technologies, Ltd. CloudX is a
trademark of Mellanox Technologies. All other trademarks are property of their
respective owners.

Contact:

Mellanox Technologies, Ltd.
Press/Media Contact
Waggener Edstrom
Ashley Paula, +1-415-547-7024
apaula@waggeneredstrom.com
or
USA Investor Contact
Mellanox Technologies
Gwyn Lauber, +1-408-916-0012
gwyn@mellanox.com
or
Israel Investor Contact
Gelbart Kahana Investor Relations
Keren Goldberg, +972-3-6070593
kereng@gk-biz.com
 
Press spacebar to pause and continue. Press esc to stop.