- The price works out to $25.50 per share in cash for EZchip (EZCH) versus last night's close of $21.99.
- "We expect our combined technologies, and product portfolios to deliver leading end-to-end intelligent interconnect and processing solutions to data centers and wide area networks," says Mellanox (NASDAQ:MLNX) CEO Eyal Waldman.
- The deal is expected to close in Q1.
- A conference call is set for 8:30 ET.
- Source: Press Release