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Mellanox Makes More Sense For Investors After EZchip Buyout
Thursday, February 25, 2016 - 10:18am | 254Barclays' Joseph Wolf reinitiated coverage of Mellanox Technologies, Ltd. (NASDAQ: MLNX) with an Overweight rating and price target of $58, following the EZchip acquisition. Wolf expects the acquisition to be accretive from the first year itself. However, as a standalone entity, EZchip'...
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Mellanox Is 'Another Step Closer' To Fully Acquiring EZchip, Notes Combined Entity Will Be In 'Excellent Position'
Tuesday, January 19, 2016 - 3:11pm | 264Mellanox Technologies, Ltd. (NASDAQ: MLNX) confirmed in a press release on Tuesday that its proposed merger with EZchip Semiconductor Ltd (NASDAQ: EZCH) has received the necessary votes from EZchip's shareholders to proceed. Related Link: EZchip's Board Recommends Investors Vote For...
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EZchip's Board Recommends Investors Vote For Merger With Mellanox Technologies
Monday, December 21, 2015 - 3:03pm | 149Shares of EZchip Semiconductor Ltd (NASDAQ: EZCH) were trading lower by around 0.5 percent Monday morning after the company's Board of Directors argued for the pending merger proposal with Mellanox Technologies, Ltd. (NASDAQ: MLNX). Mellanox had agreed to acquire EZchip for $811 million in...