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Mellanox Technologies has completed the acquisition of privately held IPtronics A/S, a designer of optical interconnect components for digital communications, at a total cash purchase price of US$47.5m.


Mellanox said, the transaction enhanced its ability to deliver complete end-to-end optical interconnect solutions at 100 Gbps and beyond. The buyer also expects the transaction to increase its competitiveness and position as a provider of high-performance end-to-end interconnect solutions for servers and storage systems.


Eyal Waldman, president and CEO of Mellanox, said the deal solidified the company's strategy to provide full end-to-end solutions for the server and storage interconnect. “I look forward to the opportunities this union brings,” he said.


“We welcome the IPtronics employees into the Mellanox family and their expected contribution to Mellanox’s continued growth.”


IPtronics’ current location in Roskilde, Denmark, will serve as Mellanox’s first R&D center in Europe. Mellanox expects to expand its customer support presence within Europe from this location.


IPtronics will operate as a wholly-owned indirect subsidiary of Mellanox.