Los Angeles, CA (PRWEB) May 20, 2013
Stubbs Alderton & Markiles, LLP announced that it advised Kotura Inc., a leading innovator and developer of advanced silicon photonics optical interconnect technology for high-speed networking applications, in its agreement to be acquired by Mellanox Technologies Ltd. Mellanox and Kotura have signed a definitive agreement under which Mellanox will acquire Kotura at a total cash purchase price of approximately $82 million subject to certain adjustments. The terms of the transaction have been unanimously approved by both the Mellanox and Kotura boards of directors. The transaction is currently projected to close in the second half of 2013, subject to the completion of certain closing conditions.
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Stubbs Alderton & Markiles, LLP is a business law firm with robust corporate, public securities, mergers and acquisitions and intellectual property practice groups focusing on the representation of venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. Our mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of our Firm.