Mellanox Announces Launch of Mellanox Capital
(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 04 February 2014
Release date- 03022014 - SUNNYVALE, CA. and YOKNEAM, ISRAEL - Mellanox Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced the formation of Mellanox Capital, a global investment arm, to provide equity investments in leading technology start-ups and companies worldwide.
Mellanox Capital will make investments in start-ups and technology companies that focus on innovative approaches to storage, compute, virtualization, cloud infrastructure, Big Data, enterprise application platforms, and embedded solutions. Portfolio companies will benefit from Mellanox's investment via access to a broad product portfolio from a recognized leader in data center interconnect solutions, world-class technology and process expertise, business relationships, customer introductions and an expanded channel for their products and services, as well as financial support , strategic insights and market intelligence.
'As a key component of Mellanox's innovation strategy, equity investments will provide us with access to technologies, markets, applications and key innovations influencing the data center as well as the high-performance interconnect market,' said Eyal Waldman, president and CEO of Mellanox Technologies. 'Mellanox Capital will enhance our relationships with entrepreneurs, opening doors to new markets, customers, alliances, co-investors, and emerging technologies.'
Mellanox Capital will be managed by Nimrod Gindi, managing director of Mellanox Capital, and directed by the Technology Committee of the Mellanox's board of directors. In performing due diligence and supporting portfolio companies, the Mellanox Capital team can leverage the myriad of technical, process, and industry expertise that currently exist within Mellanox's business units and research and development programs.
About Mellanox Capital
Mellanox Capital, Mellanox's global investment and M&A organization, makes equity investments in innovative technology start-ups and companies worldwide. Mellanox Capital invests in a broad range of companies offering hardware, software, and services in emerging markets and verticals in high-performance computing, cloud computing, big data, Web 2.0, and enterprise data centers. For more information on Mellanox Capital visit www.mellanoxcapital.com.
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. All other trademarks are property of their respective owners.
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