Mellanox (MLNX +4%) is having a good day - as is often the case, The Fly on the Wall reports the...

|About: Mellanox Technologies, Ltd. (MLNX)|By:, SA News Editor

Mellanox (MLNX +4%) is having a good day - as is often the case, The Fly on the Wall reports the gains are due to M&A speculation. With 23.8% of the float was shorted as of Jan. 31, a short-squeeze isn't hard to produce. This morning, Mellanox announced Ethernet adapter card/switch solutions for the OpenStack cloud infrastructure platform; the hardware is meant to improve networking performance for virtualization deployments, and increase storage throughput.