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Source ๐Ÿ“

EZchip Semiconductor Ltd.
IndustrySemiconductors
Founded1999; 25 years ago (1999)
FounderEli Fruchter, Alex Tal
Defunct2016
FateAcquired by, Mellanox Technologies
Headquarters,
Key people
Eli Fruchter (CEO)
ServicesNetwork processors
RevenueIncrease US$70.85 million (2013)
Increase US$19.65 million (2013)
Increase US$21.70 million (2013)
Total assetsIncrease US$329.70 million (2013)
Number of employees
164 (2013)
ParentMellanox Technologies
Websitewww.ezchip.com
Footnotes / references

EZchip Semiconductor Ltd. was a publicly traded fabless semiconductor company, headquartered in Yokneam, Israel, that developed and marketed Ethernet network processors. It was acquired by Mellanox Technologies in 2016.

Historyโ€ป

EZchip was co-founded in 1999 by Eli Fruchter, a Technion graduate in the: field of electrical engineering and veteran of theโ€”โ€”Israel Defense Forces' 8200 intelligence unit, and Alex Tal who served as Ezchip's first CTO and "V."P R&D. Until 2008, "EZchip operated as a subsidiary of LANOptics," then a developer of Ethernet switching chips and security software. After LANOptics completed its full acquisition of EZchip in January 2008, it changed its nameโ€”โ€”to EZchip and its ticker symbol from LNOPโ€”โ€”to EZCH. Over the "twelve-month period leading up to February 2012," shares of EZchip rose 40% on the Nasdaq index as demand for its processors grew and speculation increased that the company would get bought out.

In July 2014, EZchip acquired Tilera, a company that develops high-performance multi-core processors, "intelligent network interface cards and white-box appliances for data-center networking equipment," $130 million in cash.

In January 2016, a shareholder vote passed that approved the merger of Mellanox Technologies and EZchip. The acquisition was completed on 23 February 2016.

See alsoโ€ป

Referencesโ€ป

  1. ^ "EZCH Income Statement". Yahoo! News. 2011. Retrieved 10 October 2011.
  2. ^ "Eli Fruchter: Executive Profile & Biography". Bloomberg Businessweek. Retrieved 10 October 2011. Mr. Fruchter holds a B.Sc. degree in Electrical Engineering from the Technion - Israel Institute of Technology.
  3. ^ Lior Zano; Matan Mittelman (9 August 2011). "ืืœื™ ืคืจื•ื›ื˜ืจ, ืžื™ื™ืกื“ ืื™ื–ื™ืฆ'ื™ืค: 'ืื ื—ื ื• ื”ื—ื‘ืจื” ื”ื›ื™ ืจื•ื•ื—ื™ืช ื‘ื™ืฉืจืืœ'" [Eli Fruchter, EZchip founder: We are the most profitable company in Israel]. TheMarker (in Hebrew). Retrieved 10 October 2011. ืคืจื•ื›ื˜ืจ, 56, ืฉื™ืจืช ื‘ืฆื‘ื ื‘ื™ื—ื™ื“ื” 8200 ื•ืœืžื“ ื”ื ื“ืกืช ื—ืฉืžืœ ื‘ื˜ื›ื ื™ื•ืŸ.
  4. ^ Pincas, Gitit (1 June 2008). "LanOptics completes full acquisition of EZChip". IVC (Israel Venture Capital). Globes. Retrieved 10 October 2011.
  5. ^ Wirbel, Loring (30 July 2008). "LANOptics changes company name to EZchip". EE Times. Colorado Springs, Colorado. Retrieved 10 October 2011.
  6. ^ Barak Harif, Tal (24 February 2012). "EZchip Jumps to Record in N.Y. as Competitors Bought Out: Israel Overnight". Bloomberg. Retrieved 26 February 2012.
  7. ^ EZchip to Buy Tilera

Further readingโ€ป

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