Mellanox Grows InfiniBand Revenues
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Mellanox reported second quarter fiscal 2012 earnings late Wednesday showing record revenue growth. For the quarter, revenue came in at $133.5 million, for a 111 percent gain over the $63.3 million in the second quarter of 2011.
Mellanox develops and sells both InfiniBand and high-speed Ethernet solutions. During Mellanox's earning call, CEO Eyal Waldman noted that his companies InfiniBand products are doing particularly well.
"Our FDR InfiniBand products represented 54 percent of revenues compared to 31 percent in the first quarter of 2012 and 40 percent in the fourth quarter of 2011," Waldman said. "In the current quarter we benefited primarily from FDR InfiniBand growth in the high-performance computing and Web 2.0 markets."