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Tuesday, June 24, 2014

Mellanox Technologies Ltd. Announces Definitive Agreement to Acquire Integrity Project (NASDAQ:MLNX)

SUNNYVALE, Calif. & YOKNEAM, Israel--(BUSINESS WIRE)-- 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, IsraelIntegrity 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 acquiringIntegrity 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.


Mellanox Technologies Ltd. Announces Definitive Agreement to Acquire Integrity Project (NASDAQ:MLNX)

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