Mellanox to acquire Titan IC.

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.