Tuesday, September 20, 2011

Mellanox Expects $104.1 million in New Share Offering

Mellanox Technologies expects to raise approximately $104.1 million in a public offering of 3,450,000 newly issued ordinary shares. The underwriters exercised their option to purchase an additional 450,000 over the 3 million shares previously expected in the offering. J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC and Barclays Capital Inc. are acting as the book-running managers for the offering. Stifel Nicolaus Weisel is acting as co-manager for the offering.


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