Mellanox Technologies Ltd. (MLNX, Financial) is the leading provider of high-speed, low- latency interconnection systems for computing, storage and communications applications. We reinitiated a position in the stock due to its attractive valuation and growth opportunities over the next several years. During the third quarter, its share price declined as expectations for deployments by large Internet customers were pushed out into 2014. We believe Mellanox has a significant technological lead over its competition in addressing a key pain point in modern data center-centric computing – interconnection between the hardware building blocks that make up today's computing systems. (Gilad Shany)
From Ron Baron’s Baron Funds third quarter 2013 report.
From Ron Baron’s Baron Funds third quarter 2013 report.
