Carter Ledyard Israel-based client, EZchip Semiconductor Ltd. (Nasdaq: EZCH; TASE:EZCH), a leader in high-performance processing solutions for carrier and data center networks, has entered into a definitive merger agreement with Mellanox Technologies Ltd. (Nasdaq:MLNX), which develops end-to-end interconnect solutions for servers and storage systems. Mellanox will acquire 100% of EZchip’s outstanding ordinary shares for a cash purchase price of $25.50 per share, or approximately $811 million.
The Carter Ledyard EZchip working group was Steven J. Glusband, Bryan J. Hall, John M. Griem, Austin D. Keyes, Yoram Keinan, Judith A. Lockhart, Barbara B. Brown, Patricia Matzye, Christopher Rizzo, Jennifer MacDonald and Guy Ben-Ami.