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Technology Stocks : Mellanox Technologies, Ltd.

MLNX 124.89

0.0%

Apr 27 4:00 PM EDT

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From: Jim Mullens	1/30/2019 9:31:38 AM
	of 954

Intel offered up to $6B for Mellanox - Calcalist Jan. 30, 2019 4:23 AM ET\|About: Intel Corporation (INTC)\|By: Yoel Minkoff, SA News Editor More investment in Israel? Intel (NASDAQ: INTC) has bid $5.5B-$6B in cash and stock (a roughly 30% premium to Tuesday's closing price) to buy Mellanox Technologies (NASDAQ: MLNX), according to the Calcalist. In October, reports suggested that Mellanox - which makes chips for cloud computing data center servers - hired a financial adviser to explore a sale after receiving takeover interest from at least two companies. MLNX +23.5% premarket https://seekingalpha.com/news/3427305-intel-offered-6b-mellanox-calcalist#email_link

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