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.”

You may also be interested in...

ARC

GAO Wants Transcom to Address Procurement Issues in Military Household Goods Shipping Contract

The Government Accountability Office has recommended that U.S. Transportation Command address the deficiencies in its procurement process that resulted in the award of the potential $7.2B Global Household Goods Contract to American Roll-on Roll-off Carrier Group, Military Times reported Thursday.

Michael Hartenstein Director LexisNexis Risk Solutions

Secret Service Vet Michael Hartenstein Takes Director Role at LexisNexis Risk Solutions

Michael Hartenstein, a 22-year veteran of the U.S. Secret Service, has joined LexisNexis Risk Solutions as director of federal public safety business development. Hartenstein will oversee the development of strategic customer plans and support the creation of service offerings for public safety and law enforcement agencies, LexisNexis Risk Solutions said Thursday.