Los Angeles, CA (PRWEB) August 21, 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 acquisition by Mellanox Technologies Ltd. Mellanox has acquired Kotura at a total cash purchase price of approximately $82 million, subject to certain working capital and other adjustments.
The transaction enhances Mellanox’s ability to provide leading technologies for high speed, scalable and efficient end-to-end interconnect solutions, and is expected to increase Mellanox’s competiveness to meet the growing demands of high-performance, Web 2.0, cloud, data center, database, financial services and storage applications.
Kotura’s current location in Monterey Park, California, will serve as Mellanox’s first R&D center in the United States.
To read the full press release, click here.
The Stubbs Alderton & Markiles, LLP team advising Kotura, Inc, included Scott Alderton Partner, Ryan Azlein, Partner, Jonathan Friedman, Sean Greaney, and Jason Lee.
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