Israeli IT giant Mellanox has bought Israeli microprocessor manufacturer EZchip for around $811 million. The combined businesses currently have 2,400 employees, and generated combined revenue of $668 million for the year ended Jun 2015. Both firms are located in Yokneam near Haifa.
http://www.globes.co.il/en/article-mellanox-acquires-ezchip-for-811m-1001070927