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InfiniBand chip supplier Mellanox Technologies prices at $17, well above its proposed range

February 7, 2007

Mellanox Technologies, a leading fabless provider of high-performance interconnect solutions based on the growing InfiniBand standard, priced its 6 million share offering at $17 a share, significantly above its originally proposed range of $12-$14 when it released pricing terms in January. On Tuesday, the company boosted its price range to $14-$16 in response to strong investor demand. Credit Suisse and JPMorgan acted as joint book runners on the deal. The stock is expected to open for trading on Thursday under the symbol "MLNX" on the Nasdaq.