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  • Friday, April 19, 2024

Larry Ellison Breaks Down Oracle’s Investment in Mellanox

Oracle (NASDAQ: ORCL) has organized a strategic investment in Mellanox Technologies, Ltd. (NASDAQ: MLNX) (TASE: MLNX), a firm focused on end-to-end connectivity solutions for servers and storage systems.

The firms have had a working partnership and the move figures to enhance that relationship.

According to Oracle, “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.”

With that relationship in mind, Oracle purchased 10.2 percent of Mellanox’s ordinary shares in the open market.

“InfiniBand is by far the fastest and most efficient switch fabric for running enterprise data centers, ” CEO Larry Ellison said. “Mellanox has been instrumental in maintaining InfiniBand’s immense competitive lead over Ethernet. We are a big supporter of the company and this investment based upon our belief in the InfiniBand technology and in the Mellanox management team.”

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