|Traded as||NASDAQ: MLNX|
|Founder||Eyal Waldman, Shai Cohen, Roni Ashuri, Michel Kagan, Evelyn Landman, Shimon Rottemberg, Eitan Zahavi, Udi Katz, Alon Webman|
|Headquarters||Sunnyvale, California and Yokneam Illit, Israel|
|Eyal Waldman, CEO|
|Products||Ethernet and InfiniBand switches
Host bus adapters
|Revenue||US$463.6 Million (FY14)|
|US$118.31 Million (FY12)|
|US$111.38 Million (FY12)|
Number of employees
|2900 (March 2017)|
Mellanox Technologies is an Israeli supplier of computer networking products using InfiniBand and Ethernet technology. Mellanox offers adapters, switches, software, cables and silicon for markets including company data centers, cloud computing, computer data storage and financial services.
Mellanox Technologies provides InfiniBand and Ethernet switches for servers and storage used in enterprise data centers and also makes its own integrated circuits to support the InfiniBand protocol. Mellanox offers interconnect products: adapters, switches, software and silicon for a range of markets including high-performance computing, enterprise data centers, Web 2.0, cloud, storage and financial services.
The company is listed on NASDAQ under the symbol "MLNX".
Mellanox was founded in 1999 by former 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, Micheal Kagan, Evelyn Landman, Eitan Zahavi, Shimon Rottemberg, Udi Katz and Alon Webman. Initially founded as a integrated circuit (chip) manufacturer, it evolved into a producer of complete end-to-end systems by 2009. The company raised over $89 million in 3 financing rounds of venture capital.[when?] Investors included Raza Venture Management, Sequoia Capital, US Venture Partners, Bessemer Venture Partners, Banc of America Securities, China Development Investment Bank, Gemini Israel Funds, Jerusalem Global Ventures, and Walden Israel Venture Capital. Strategic investors included Dell, IBM, JNI, Quanta Computer, Vitesse Semiconductor and Sun Microsystems.
The company went public in 2007, with an initial public offering on NASDAQ that raised $102 million, and valued the company at over half a billion dollars. 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. In February 2011, Mellanox acquired Voltaire Ltd., a provider of data center switches for about $218 million. Stock shares were also listed on the Tel Aviv Stock Exchange, until 2013 when the company de-listed itself, but remained on NASDAQ.
In 2013 Mellanox acquired certain assets of XLoom Communications Ltd., including opto-electric chip-scale packaging, as well as hired XLoom's technology personnel.
Products and market
In 2010, a press release from Oracle described Mellanox as "the premier switched fabric provider for enterprise data centers and high performance computing". According to the same press release, Mellanox's InfiniBand technology is faster, more scalable and provides higher throughput than alternative communications technologies. Larry Ellison, CEO of Oracle, promoted Mellanox’s main technology, InfiniBand.
- SwitchX is a multi-protocol ASIC that handles both InfinBand and Ethernet traffic. It builds on the older 90 nanometer architecture of ConnectX technology, originally developed by Mellanox to support both Ethernet and Infiniband on one chip. SwitchX is the fifth generation, using a 40 nanometer process with 1.4 billion transistors on a 45mm by 45mm chip.
- ConnectX-3 is a 10/40GbE adapter for VMware ESXi 5.0 that provides virtual protocol interconnect, meaning it can run 10 Gigabit Ethernet, 40Gb Ethernet, or Infiniband at up to 56Gb per second from the same card. ConnectX-4 and ConnectX-5 adapters have enhanced capabilities. The ConnectX architecture has been described as "novel", with excellent performance that is "very well suited for modern multi-core platforms."
Mellanox Technologies' InfiniBand products for computer clusters have been deployed in many of the TOP500 list of high-performance computers. They provide high performance and some include a TCP offload engine.
As of 2011[update] Mellanox derived more than a quarter of its revenues from two large customers, Hewlett-Packard and IBM. Intel Corporation accounts for over 2% of revenues. As of June 2011, Oracle owns 10% of Mellanox and is also a major customer. Other customers include Chevron, Viacom, JPMorgan, Comcast and Airbus.
Mellanox outsourced some of its engineering to the West Bank. Rather than setting up offshore engineering centers in the Far East or Eastern Europe, Mellanox hired Palestinian engineers from Ramallah through a Palestinian outsourcing firm. Waldman stated that Mellanox would build a research and development center in Ramallah even though it is more expensive than outsourcing to Eastern Europe.
Awards and recognition
- In November 2012, Mellanox was named one of the Fastest Growing Companies in Deloitte's 2012 Technology Fast 500 Rankings.
- In November 2012, Mellanox was awarded - 'Readers’ Choice: Best HPC Interconnect Product or Technology' from HPCwire
- Israel-Palestinian high-tech initiatives
- List of Israeli companies quoted on the Nasdaq
- Silicon Wadi
- Startup Village, Yokneam
- Economy of Israel
- "Mellanox office locations". Mellanox Technologies.
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- "Corporate Overview" (PDF). Mellanox Technologies. 2015. Retrieved 2011-10-29.
- Amodio, Michelle (October 6, 2011). "On the Road with Mellanox Technologies". TMCnet. Retrieved 2011-10-29.
- Timothy Prickett Morgan (November 29, 2010). "Mellanox gobbles up Voltaire for $218m". The Register. Retrieved April 23, 2017.
- Mellanox Hires Programmers in the Gaza Strip
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- Tsipori, Tali (September 25, 2011). "Oracle acquires $11m more Mellanox shares". Globes. Retrieved 2011-10-29.
- Kovar, Joseph F. (February 11, 2002). "VC Money Continues To Drain Into InfiniBand: Mellanox Secures $56M". CRN. Retrieved 2011-10-29.
- Walko, John (February 8, 2007). "Mellanox raises $102 million with IPO on Nasdaq". EE Times. Retrieved 2011-10-29.
- Bagh, Carl (October 29, 2010). "Oracle buys 10 pct stake in Mellanox, will Dell, HP, IBM follow suit?". International Business Times. Retrieved 2011-10-29.
- "Mellanox Technologies, Ltd. Completes Acquisition of Voltaire, Ltd.". Press release. February 7, 2011. Retrieved April 23, 2017.
- "Mellanox Technologies Initiates Process to Delist Ordinary Shares from Tel Aviv Stock Exchange". Press release. May 30, 2013. Retrieved April 23, 2017.
- "Mellanox Technologies Ltd. Announces Definitive Agreement to Acquire Integrity Project". NASDAQ. Retrieved June 24, 2014.
- "Mellanox Technologies, Ltd. Completes Acquisition of Kotura, Inc.". NASDAQ. Retrieved Aug 15, 2013.
- "Mellanox Technologies, Ltd. Completes Acquisition of IPtronics A/S". NASDAQ. Retrieved Jul 1, 2013.
- "Web-chip fabless Mellanox poised to raise $50m at company value of $250m". TheMarker. October 30, 2001. Retrieved 2011-10-29.
- Morgan, Timothy Prickett (April 26, 2011). "Mellanox uncloaks SwitchX network switch-hitter". The Register. Retrieved 2011-10-29.
- "Oracle Corporation Makes Strategic Investment In Mellanox Technologies, Ltd.". Oracle. October 27, 2010. Retrieved 2011-10-29.
- "Mellanox Infiniband Cards Overview".
- "Mellanox Adapters - Comparison Table | Mellanox Interconnect Community". community.mellanox.com. Retrieved 2016-06-22.
- Sur, Sayantan; Koop, Matthew J.; Lei; Panda, Dhabaleswar K. (2007). "Performance Analysis and Evaluation of Mellanox ConnectX InfiniBand Architecture with Multi-Core Platforms". hoti. 15th Annual IEEE Symposium on High-Performance Interconnects (HOTI 2007): 125–134. CiteSeerX .
- "Mellanox Accelerates Half of the World's Petaflop Systems; Delivers Scalable Networking for Next Generation Supercomputers". Bloomberg. June 27, 2011.
- Harif, Tal Barak (August 30, 2011). "Mellanox Buffered by Orders as Economy Flags: Israel Overnight". Bloomberg. Retrieved 2011-10-29.
- "Mellanox Falls on Downgrade". Bloomberg. September 10, 2012. Retrieved 2011-10-29.
- "Is Mellanox Oracle's Networking B*tch?". SiliconAngle. June 20, 2011. Retrieved 2011-10-29.
- "Corporate and Financial Update" (PDF). Mellanox Technologies. June 2011. Retrieved 2011-10-29.
- Heruti-Sover, Tali (November 7, 2010). "High-tech company aims to be first Israeli firm to hire Palestinian engineers". Haaretz. Retrieved 2011-10-29.
- Mitnick, Joshua (April 22, 2011). "Tech diplomacy: Israeli CEO hires Palestinian programmers". The Christian Science Monitor. Retrieved 2011-10-29.
- "Mellanox Technologies Ranked Number 364 Fastest Growing Company in North America on Deloitte's 2012 Technology Fast 500™". Mellanox. Retrieved November 14, 2012.
- "Mellanox Wins Five HPCwire 2012 Readers' and Editors' Choice Awards". Mellanox. Retrieved Nov 13, 2012.