Voltaire Licenses Software to IBM for $17M

12/22/10

Voltaire, a maker of server and data center technologies based in Chelmsford, MA, and Ra’anana, Israel, said today it has agreed to license certain software products to IBM (NYSE: IBM) in exchange for about $17 million in fees through 2012. Voltaire (NASDAQ: VOLT) develops switches, server adapters, and network management software for industries including financial services, media, education, government, and life sciences. The company was founded in 1997 and is in the process of being acquired by California- and Israel-based Mellanox Technologies (NASDAQ: MLNX).

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com or call him at 617-252-7323. Follow @

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