Voltaire Bought for $218M

11/29/10

Chelmsford, MA-based Voltaire (NASDAQ: VOLT), a developer of servers, switches, and software for high-performance and cloud computing environments, announced today that it has agreed to be acquired by Mellanox Technologies for $8.75 per share, for a total equity value of $218 million. The deal is expected to close first quarter of 2011 and will help Mellanox (NASDAQ: MLNX) strengthen its position in the end-to-end connectivity for data centers and servers space, according to the announcement. The company said it will bring the Voltaire employees under its management team, retain existing product lines, and run both companies from its offices located in Israel, the U.S., and around the world.

By posting a comment, you agree to our terms and conditions.