Mellanox Sets IPO Terms

Mellanox Technologies Inc., a Santa Clara, Calif.-based provider of interconnect solutions for servers, storage and infrastructure equipment, has set its proposed IPO terms to six million common shares being offered at between $12 and $14 per share. It plans to trade on the Nasdaq under ticker symbol MLNX, with Credit Suisse and JPMorgan serving as co-lead underwriters. The company has raised $89.34 million in VC funding since its 1999 inception, from firms like Intel Capital, Sequoia Capital, U.S. Venture Partners, Jerusalem Global Ventures and Walden Israel. www.mellanox.com