Mellanox Technologies $811 million acquisition of EZchip Semiconductor

24/2/2016
Public acquisition

$ 811 million

Announced

24/2/2016


Overview:

  • Mellanox Technologies has acquired EZchip Semiconductor for $811 million.
  • The deal see Mellanix offer $25.50 a share.
  • EZchip develops high-performance processing solutions for carrier and data center networks.
  • Mellanox is a supplier of end-to-end infiniband and ethernet intelligent interconnect solutions and services for servers and storage.
  • The deal will be part financed via a $300 million loan facility.
  • JPMorgan acted as financial adviser to Mellanox. Barclays acted as financial adviser to EZchip.

Sam Duke - Editor

Jurisdictions:

United States
Israel

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications


Firms:

Party: EZchip Semiconductor (Target)


Party: Mellanox Technologies (Acquirer)


Party: Mellanox Technologies (Acquirer)


Party: EZchip Semiconductor (Target)


Party: Barclays (Financial adviser)