Mellanox Technologies (MLNX, Financial) supplies semiconductor-based interconnect solutions and services. Strong fourth quarter results re-instilled investor confidence in Mellanox’s ability to grow profitably. In addition, the completion of its EZchip acquisition and adjusted guidance laid out a strong financial case for this combination. We view Mellanox’s Ethernet business as a significant open-ended opportunity. We expect Mellanox to be a high-end market leader and protect its high margin business model with strong innovation and product leadership.
From the Baron Global Advantage Fund first quarter 2016 commentary.
