Mellanox to Acquire Israeli Privately-Held Integrity Project
In software for connectivity, low-level development, real-time applications and security
This is a Press Release edited by StorageNewsletter.com on June 25, 2014 at 3:00 pmMellanox Technologies, Ltd. announced its intent to acquire privately-held Integrity Project, which includes an accomplished team of software technology veterans.
Based in Ramat-Gan, Israel, Integrity Project was formed out of an elite military technology unit, specializing in the fields of connectivity, low-level development, real-time applications, and security. Mellanox is acquiring Integrity Project for its software expertise, which further enhances Mellanox’s commitment to providing superior solutions. The acquisition positions Mellanox to broaden its customer base by adding software solutions designed to enable customers to achieve optimal performance from all interconnect components.
Mellanox and Integrity Project have signed a definitive agreement under which Mellanox will acquire Integrity Project.
The transaction is currently projected to close in the third quarter of 2014, subject to the completion of certain closing conditions.
“The new and emerging Web 2.0 ad cloud applications that influence our daily lives depend on the rapid handling of data,” said Eyal Waldman, president and CEO, Mellanox. “We expect that the Integrity Project acquisition will further enhance our software team’s capabilities to provide the best compute and storage platforms, such as CloudX, to enable our customers to best meet the growing demands of applications and the usage of the data within high-performance, Web 2.0, cloud, and storage environments. We welcome the talented team from Integrity Project and look forward to their contribution to Mellanox’s continued growth.”
“Together, we will focus on increasing the Mellanox’s software development capabilities to further enable cloud data centers to run applications faster and more efficiently,” said Elad Raz, founder and CTO, Integrity Project. “The Integrity Project team is delighted to join the Mellanox team and look forward to working together to drive the company’s growth.”