Xilinx in Talks to Acquire Mellanox, Report Says
The San Jose-headquartered semiconductor manufacturer has hired Barclays to advise on its Mellanox bid, CNBC reported Wednesday
Shir Reiter | 09:01 08.11.2018
San Jose-headquartered semiconductor manufacturing company Xilink Inc. has hired Barclays as an advisor on a bid to acquire Nasdaq-listed Israeli chipmaker Mellanox Technologies Ltd., CNBC reported Wednesday.
For daily updates, subscribe to our newsletter by clicking here.The talks are still in early stages and may not pan out, but if successful the deal is expected to be announced in December, CNBC said, citing people familiar with the matter. The news agency reported in October that Mellanox has contracted a financial adviser to consider its sale in response to takeover interest.