Los Angeles, CA – May 17, 2013 -Stubbs Alderton & Markiles, LLP announced that it advised Kotura Inc., a leading innovator and developer of advanced silicon photonics optical interconnect technology for high-speed networking applications, in its agreement to be acquired by Mellanox Technologies Ltd. Mellanox and Kotura have signed a definitive agreement under which Mellanox will acquire Kotura at a total cash purchase price of approximately $82 million subject to certain adjustments. The terms of the transaction have been unanimously approved by both the Mellanox and Kotura boards of directors. The transaction is currently projected to close in the second half of 2013, subject to the completion of certain closing conditions.
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