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Last $50.46 USD
Change Today -0.31 / -0.61%
Volume 96.3K
MLNX On Other Exchanges
As of 12:01 PM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

mellanox technologies ltd (MLNX) Snapshot

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52 Week High
05/21/15 - $51.23
52 Week Low
06/3/14 - $30.58
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mellanox technologies ltd (MLNX) Details

Mellanox Technologies, Ltd., a fabless semiconductor company, designs, manufactures, and sells interconnect products and solutions. The company’s products are used for computing, storage, and communications applications in the high-performance computing, Web 2.0, storage, financial services, enterprise data center, and cloud markets. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment, and other embedded systems. The company offers 40/56/100Gb/s InfiniBand solutions, including switch and gateway integrated circuits (ICs), adapter cards, cables, modules, and software, as well as switch, gateway, and long-haul systems; 10/40/56Gb/s Ethernet solution for use in EDC, HPC, embedded environments, hyperscale Web 2.0, and cloud data centers; and 10/25/40/50/56/100Gb/s Ethernet NICs. It also provides adapters to server, storage, communications infrastructure, and embedded systems original equipment manufacturers (OEMs) as ICs or standard card form factors with PCI express interfaces; and switch ICs to server, storage, communications infrastructure, and embedded systems OEMs to create switching equipment. In addition, the company supports server operating systems, including Linux, Windows, AIX, HPUX, Solaris, and VxWorks. Mellanox Technologies, Ltd. markets its products under the Mellanox, BridgeX, Connect-IB, ConnectX, CoolBox, CORE-Direct, GPUDirect, InfiniHost, InfiniScale, Kotura, Mellanox Federal Systems, Mellanox ScalableHPC, Mellanox Technologies Connect. Accelerate. Outperform, MetroX, MLNX-OS, PhyX, SwitchX, TestX, UFM, Virtual Protocol Interconnect, Switch-IB, and Voltaire trademarks. The company sells its products through its direct sales force, a network of sales representatives, and independent distributors worldwide. Mellanox Technologies, Ltd. was founded in 1999 and is based in Yokneam, Israel.

1,549 Employees
Last Reported Date: 03/2/15
Founded in 1999

mellanox technologies ltd (MLNX) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $464.3K
Co-Founder and Chief Operating Officer
Total Annual Compensation: $303.9K
Co-Founder and Senior Vice President of Engin...
Total Annual Compensation: $269.4K
Chief Financial Officer and Corporate Control...
Total Annual Compensation: $300.0K
Senior Vice President of Worldwide Sales
Total Annual Compensation: $338.0K
Compensation as of Fiscal Year 2014.

mellanox technologies ltd (MLNX) Key Developments

Mellanox Technologies, Ltd. Announces Restatement Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Impairment Loss for the First Quarter Ended March 31, 2015

Mellanox Technologies, Ltd. announced restatement unaudited consolidated earnings results for the first quarter ended March 31, 2015. The company made an equity investment informed the company of its intent to discontinue operations. The investment is accounted for at cost in the company’s financial statements. As a result of this new information, the company recognized an impairment loss of $3.2 million from the investment, resulting in a decrease to its previously reported first quarter 2015 GAAP net income and earnings per share. As result, GAAP net income was $10,496,000 against GAAP net loss of $10,980,000 a year ago. Non-GAAP income from operations was $30,170,000 against $5,303,000 a year ago. GAAP diluted net income per share was $0.22 against GAAP diluted net loss per share of $0.25 a year ago. For the quarter, the company reported impairment loss on equity investment in a private company of $3,189,000.

Mellanox Technologies, Ltd. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-12-2015 03:00 PM

Mellanox Technologies, Ltd. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-12-2015 03:00 PM. Venue: Mandarin Oriental Brickell, Miami, Florida, United States.

Mellanox Technologies, Ltd. Announces Management Changes

Mellanox Technologies, Ltd. announced that Roni Ashuri, Senior Vice President of Engineering, and Shai Cohen, Chief Operating Officer, have indicated their intentions to retire to spend more time with their families. Both Mr. Ashuri and Mr. Cohen helped co-found Mellanox and have served as officers of the Company since its formation in May 1999. Mr. Ashuri’s and Mr. Cohen’s day-to-day employment with the Company will continue into the fourth quarter of 2015 as part of an orderly transition process.


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