Thursday, October 28, 2010

Oracle Makes Strategic Investment in Mellanox Technologies, Ltd.

REDWOOD SHORES, Calif. and Yokneam, Israel, October 27, 2010

News Facts
Oracle (NASDAQ: ORCL) today announced that it has made a strategic investment in Mellanox Technologies, Ltd. (NASDAQ: MLNX; TASE: MLNX), a leading supplier of end-to-end connectivity solutions for servers and storage systems, to further align product vision and maximize partnership efforts.
Mellanox’s InfiniBand is the premier switch fabric for enterprise data centers and high performance computing, providing superior scalability, higher throughput and lower latency in comparison to alternative communications technologies.
Oracle and Mellanox have had a long-term strategic partnership that allows Oracle to leverage Mellanox's InfiniBand products to create differentiated Oracle solutions like Exadata and Exalogic. A strong and friendly relationship with Mellanox is critical to Oracle.
Mellanox intends to make Oracle Solaris a core supported operating system platform to help meet increasing customer demand.
In recognition of the importance of InfiniBand and Mellanox to Oracle, Oracle has acquired 10.2% of Mellanox’s ordinary shares in the open market. This stake is for investment purposes only, to solidify common interest in the future of InfiniBand.
Oracle has no plan or intention to make an unsolicited and unfriendly offer to take over Mellanox.
Mellanox is expected to continue to work with all technology vendors, in addition to Oracle, such as Dell, HP, IBM, and others, to maximize the usage of InfiniBand as the preferred data center communications fabric.