Press Releases - 2013
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Mon, Nov 18, 2013
Mellanox Ranked Number 251 Fastest Growing Company in North America on Deloitte’s 2013 Technology Fast 500
Ranked amongst fastest growing companies for 7th consecutive year
SUNNYVALE, CA. and YOKNEAM, ISRAEL – November 18, 2013 – Mellanox® Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced it ranked number 251 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Award winners were selected based on percentage fiscal year revenue growth from 2008 to 2012. Mellanox grew 365 percent during this period. Mellanox has been a Technology Fast 500™ award winner in each of the past 7 years.
“We are proud to be named on the 2013 Deloitte’s Technology Fast 500, and are pleased that our efforts continue to gain recognition within the financial community,” said Eyal Waldman, 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, storage, database and data center markets.”
“The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next.”
About Deloitte’s 2013 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Mellanox Technologies is a leading supplier of end-to-end InfiniBand and Ethernet interconnect solutions and services for servers and storage. Mellanox interconnect solutions increase data center efficiency by providing the highest throughput and lowest latency, delivering data faster to applications and unlocking system performance capability. Mellanox offers a choice of fast interconnect products: adapters, switches, software, cables and silicon that accelerate application runtime and maximize business results for a wide range of markets including high performance computing, enterprise data centers, Web 2.0, cloud, storage and financial services. More information is available at www.mellanox.com.
Mellanox is a registered trademarks of Mellanox Technologies, Ltd. All other trademarks are property of their respective owners.