Mellanox Technologies announced that it completed the acquisition of privately held Kotura, a developer of advanced silicon photonics optical interconnect technology for high-speed networking applications, at a total cash purchase price of approximately $82 million, subject to certain working capital and other adjustments.
According to the company, the transaction enhances Mellanox's ability to provide leading technologies for high speed, scalable and efficient end-to-end interconnect solutions, and is expected to increase its competiveness to "meet the growing demands of high-performance, Web 2.0, cloud, data center, database, financial services and storage applications."
Kotura's current location in Monterey Park, Calif., will serve as Mellanox's first R&D center in the United States.
"Through our acquisition of Kotura, we now have the silicon photonics technology to continue the development of best-in-class, next-generation InfiniBand and Ethernet interconnect solutions for 100Gb/s and beyond," said Eyal Waldman, president and CEO of Mellanox. "This acquisition solidifies our strategy to provide full end-to-end interconnect solutions for our server and storage customers. We look forward to the integration of Kotura's technologies into our solutions, and we welcome Kotura's employees into the Mellanox family."
For more information, visit Mellanox Technologies.
Sources: Press materials received from the company and additional information gleaned from the company's website.