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According to Reuters, Mellanox Technologies (MLNX) seeking strategic alernatives

  • October 26, 2018


StockMellanox Technologies, Ltd.SymbolMLNX
Date Announced10/25/2018Source Reuters
TypeNews Report
Date of Confirmation: 03/11/2019Price at Confirmation: $118.48
Potential Profit: 62.81%Annualized Profit: 167.35%

Chipmaker Mellanox Technologies Ltd (MLNX) has hired a financial adviser to explore a sale after receiving takeover interest from at least two companies, CNBC reported citing people familiar with the matter.


November 07, 2018: Xilinx Inc (XLNX) has hired Barclays to advise on a bid to buy Mellanox Technologies Ltd (MLNX) after approaching the smaller chipmaker with an offer.

January 30, 2018: U.S. chipmaker Intel Corp (INTChas bid $5.5-$6 billion in cash and stock to buy Israel’s Mellanox Technologies (MLNX), Israeli media reported on Wednesday.

March 10, 2019: Nvidia Corp. (NVDA) is nearing an agreement to buy Israeli chipmaker Mellanox Technologies (MLNX), which would help it gain technology used to speed the flow of information around data centers, people familiar with the matter said.

March 11, 2019: NVIDIA (NVDA) and Mellanox (MLNX) today announced that the companies have reached a definitive agreement under which NVIDIA will acquire Mellanox.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.