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Announced

Mellanox to acquire Titan IC.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

security technology

Acquisition

Friendly

Digital Services

Private

United Kingdom

Majority

Single Bidder

cybersecurity

Synopsis

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Mellanox, a supplier of high-performance, end-to-end smart interconnect solutions for data center servers and storage systems, agreed to acquire Titan IC, a developer of network intelligence and security technology. Financial terms were not disclosed. "Network Intelligence is an important technology when combined with our industry-leading networking portfolio of switches, SmartNICs, and IPUs. Our customers will benefit from the deep analytics and enhanced security that will be delivered by the integration of our best-in-class Ethernet and InfiniBand products and world-leading deep packet inspection and analytics technologies from Titan IC. With this acquisition, our M&A investments total more than $1.2bn to date and more than $53m invested in startups to further our intelligent networking strategy," Eyal Waldman, Mellanox Technologies President and CEO.

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