Mellanox Technologies

Mellanox Technologies Ltd. (Hebrew: מלאנוקס טכנולוגיות בע"מ) was an Israeli-American multinational supplier of computer networking products based on InfiniBand and Ethernet technology. Mellanox offered adapters, switches, software, cables and silicon for markets including high-performance computing, data centers, cloud computing, computer data storage and financial services.

On March 11, 2019, Nvidia announced its intent to acquire the company for $6.9 billion. The deal closed on April 27, 2020, with approval from the EU, U.S. and Chinese antitrust authorities.

The company was integrated into Nvidia's networking division in 2020 and Nvidia stopped using the brand name "Mellanox" for its new networking products.

Mellanox was founded in May 1999 by former Israeli executives of Intel Corporation and Galileo Technology (which was acquired by Marvell Technology Group in October 2000 for $2.8 billion) Eyal Waldman, Shai Cohen, Roni Ashuri, Michael Kagan, Evelyn Landman, Eitan Zahavi, Shimon Rottenberg, Udi Katz and Alon Webman. Eyal Waldman founded Mellanox in the Israeli city of Yokneam Illit. Financial offices were in Santa Clara, California in the USA. In February, 2002, a round of venture capital investment was announced of about $56 million. Later extended to about $64 million, investors included Intel, IBM, Sequoia Capital and U.S. Venture Partners,

Mellanox had its initial public offering in February, 2007, on NASDAQ that raised $102 million, and valued the company at over half a billion dollars. Its shares were listed under the symbol MLNX. Created in 2009, Mellanox's investment fund was publicly announced in 2014. Initially founded as an integrated circuit (chip) manufacturer, it evolved into a producer of complete network systems by 2009.

In 2010, Oracle Corporation became a major investor in the company, holding around 10% of its stock. Oracle uses InfiniBand technology in its Exadata and Exalogic appliances. Stock shares were also listed on the Tel Aviv Stock Exchange, until 2013 when the company de-listed itself, but remained on NASDAQ.

In February 2011, Mellanox acquired Voltaire Ltd., a provider of data center switches for about $218 million. In November 2012, Mellanox was named one of the fastest growing companies in North America by Deloitte.

In 2013 Mellanox acquired assets of XLoom Communications Ltd., including opto-electric chip-scale packaging, and some of XLoom's technology personnel. In July 2013, Mellanox acquired privately held Kotura, Inc., a developer of silicon photonics optical interconnect technology for high-speed networking. In July 2013, Mellanox acquired privately held IPtronics A/S, a designer of optical interconnect components for digital communications.