Mellanox Technologies has agreed to acquire Titan IC, a developer of network intelligence (NI) and security technology.
The acquisition will further strengthen Mellanox’s network intelligence capabilities delivered through the company’s ConnectX and BlueField families of SmartNIC and I/O Processing Unit (IPU) solutions.
Titan IC’s team in Belfast, Northern Ireland will become the center of network intelligence research and development for Mellanox.
“Network Intelligence is an important technology when combined with our industry-leading networking portfolio of switches, SmartNICs, and IPUs,” said Eyal Waldman, president and CEO Mellanox Technologies.
With this acquisition, Mellanox M&A investments total more than $1.2 billion to date and more than $53 million invested in startups as part of its intelligent networking strategy.