Investors Business Daily: Mellanox Technologies Ranked Number 23 Fastest Growing Company in Israel on 2012 Deloitte Israel Technology Fast 50
10/24/12–SUNNYVALE, Calif. & YOKNEAM, Israel–(BUSINESS WIRE)– Mellanox® Technologies, Ltd. (NASDAQ: MLNX) (TASE: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, announced today that it was named Number 23 on the 2012 Deloitte Israel Technology Fast 50, a ranking of the 50 fastest growing technology companies in Israel. Rankings are based on the percentage of fiscal year revenue growth during the five year period from 2007–2011. Mellanox grew 208 percent during this period.
“Because the Deloitte Brightman Almagor Zohar Fast 50 measures sustained revenue growth over five years, being one of the 50 fastest growing technology companies in Israel is an impressive achievement,” said Tal Chen, partner in charge of the Deloitte Brightman Almagor Zohar Israel Technology Fast 50 Program. “Mellanox deserves a lot of credit for its remarkable growth.”
“We are proud to be named on the 2012 Deloitte Israel Technology Fast 50, and are pleased that our efforts continue to gain recognition within the financial community,” said Eyal Waldman, chairman, president and CEO of Mellanox Technologies. “Our growth represents the increased worldwide adoption of our industry-leading, end-to-end FDR 56Gb/s InfiniBand 10/40 Gigabit Ethernet interconnect solutions in the high-performance computing, Web 2.0, cloud and database markets.”…Read More>>