Search Results for: Mellanox

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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Everyone wants Israeli companies

Nvidia’a CEO Jensen Huang celebrated his company’s takeover of Israel’s Mellanox with an event at Tel Aviv port. He declared, “One of the things I’ve learned about Israeli companies is that everyone wants them.” https://en.globes.co.il/en/article-nvidia-ceo-everyone-wants-israeli-companies-1001280361

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Predicting failures in electronic systems

Three co-founders of Israel’s Mellanox have founded ProteanTecs. The new company develops technology that will allow devices to report their health and warn of failures. Its markets include enterprise IT and autonomous vehicles. (See also EcoPlant, Augury, 3DSignals and Opgal) … Continue reading

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Datacenter accelerator emerges

As one Israeli datacenter accelerator (Mellanox) exits for $6.9 billion, one more appears. Israel’s Lightbits has developed software that can be installed on existing servers to connect flash storage with applications at high speed. Lightbits just raised $50 million of … Continue reading

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Faster and faster

The InfiniBand systems from Israel’s Mellanox now support 43% of the World’s 500 fastest supercomputers including the top three.  The 216 include Astra, supporting the US Dept of Energy’s National Nuclear Security Administration (NNSA), and Summit – the fastest computer … Continue reading

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Building bridges between Israelis and Palestinian Arabs

Eyal Waldman (CEO of Israel’s Mellanox) met Bashar al-Masri, (founder of the new PA city of Rawabi), at a dinner in Washington and became good friends. Now Mellanox employs 100 Palestinian Arabs and at least 10 Israeli companies work in … Continue reading

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Powering the largest super computers

Israel’s Mellanox has been chosen to accelerate the new 2-Petaflop NVIDIA DGX-2 artificial intelligence (AI) system. Mellanox adapters with smart acceleration engines enable the highest performance for AI and Deep Learning applications. http://www.mellanox.com/page/press_release_item?id=2040

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Israeli tech powers 10 Oscar-nominated films

Israel’s Mellanox Technologies provides the server and datacenter technology to the film companies responsible for 10 Oscar-nominated films such as La La Land and Moana.  Mellanox’s massive bandwidth is needed to stream the complex, high-density pixel data visual effects. http://www.timesofisrael.com/israeli-tech-brings-la-la-land-rogue-one-moana-to-the-world/

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Another 9 joint US-Israel projects

The Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation approved funding (worth $21.5 million) for nine new projects.  The Israeli companies involved are Cellect Biotechnology, Evogene, File X, Hinoman, IAI, Kamada, Keystone Heart, MedAware and Mellanox. http://www.birdf.com/?CategoryID=427&ArticleID=511

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$3.32 billion in six months

Israeli startups are still in high demand.  In the first half of 2016 there were 45 exits by Israeli startups worth $3.32 billion. They include the $811 million acquisition of EZchip by Mellanox, the $643 million buyout of Xura, and … Continue reading

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