Search Results for: mellanox

Mellanox unleashes its power

Israeli technology company Mellanox has partnered with Microsoft to boost the performance of the computer giant’s popular SQL Server database using its innovative software drivers. http://www.mellanox.com/content/pages.php?pg=press_release_item&rec_id=642

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Nvidia’s success in Israel

US tech giant Nvidia has 3,300 employees in Israel – 13% of its global workforce. In 2019 Nvidia acquired Israel’s Mellanox, now with annual sales of $13 billion, plus Israel-1, the world’s strongest supercomputer. Some 1,000 Israeli AI tech companies … Continue reading

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Israel’s most promising startup

Israel’s proteanTecs (see here previously) is Globes’ Most Promising Israeli Startup 2022, chosen by leading local and foreign investment firms. proteanTecs’ founders also co-founded Mellanox which topped the Globes’ ranking in 2005, eventually being acquired by NVIDIA for $6.9 billion. … Continue reading

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Another Israeli takeover by Nvidia

US computer giant Nvidia, has just acquired Israel’s Excelero, a provider of enterprise data storage and block storage solutions. Nvidia employs 2,800 Israelis at seven 7 R&D centers – the most outside the US. Sites include Yoknean (Mellanox), Tel Aviv, … Continue reading

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Nvidia to expand Israeli R&D

US giant Nvidia, which acquired Israel’s Mellanox in 2020 for $7 billion, is to establish a new Israel-based design and engineering group. Its aim is to develop the next-gen Nvidia CPUs for powering the revolution in AI, robotics, autonomous vehicles, … Continue reading

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Scaling up Quantum computer technology

Canadian-Israeli startup Entangled Networks is developing hardware and software to connect together multiple quantum computers. The aim is to boost the data storage capacity of the computer to practical levels. Quantum computers have huge processing power potential. https://www.timesofisrael.com/spotlight/israeli-startup-aims-to-be-the-mellanox-of-quantum/ https://www.ourcrowd.com/companies/entangled-networks

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Nvidia’s Israeli next gen chip

Israel’s Mellanox (see here previously), which was acquired by Nvidia in 2019, has just launched the BlueField-3 DPU next-generation processor. It delivers powerful software-defined networking with accelerated cybersecurity capabilities for data centers. https://www.calcalistech.com/ctech/articles/0,7340,L-3904439,00.html

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Clever acquisition

Israel’s Mellanox is in the process of being taken over by Nvidia (reported here). But this hasn’t stopped it growing.  After record-level recent profits it has now acquired Irish network intelligence startup Titan IC Systems. https://www.calcalistech.com/ctech/articles/0,7340,L-3798193,00.html

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Promoting tech innovation in Haifa

The Israel Innovation Authority (IIA), has selected the ILAB group including JVP and Mellanox to promote tech innovation in Haifa. ILAB will receive $25 million which it will match. ILAB will support 150 startups focusing on digital health, energy, environment … Continue reading

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Record exits

Despite more Israeli startups turning into mega companies, many sell for increasing large valuations. In the first half of 2019, there were 66 exits totaling $14.48 billion, the highest in 5 years. Even without the $6.9 billion Mellanox exit, it … Continue reading

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