Israeli Chip Makers Mellanox and EZchip Reach Pact for Giant $811 Million Merger

Move will create a company with annual revenue of $670 million and a wider range of products to address burgeoning market for faster Internet. EZchip shares rally on news.

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Two Israeli chip makers are on their way to a giant $811 million merger after Mellanox Technologies said yesterday that it agreed to acquire network communications chip maker EZchip Semiconductor to expand its...