Mellanox Technologies has reached a definitive agreement to acquire Titan IC, to strengthen its network intelligence capabilities delivered through the company’s ConnectX and BlueField families of SmartNIC and I/O Processing Unit (IPU) solutions. Titan IC’s 30 employees team in Belfast, Northern Ireland will become the center of advanced network intelligence research and development for Mellanox. Finencial terms were undisclosed. Israeli press speculations mentioned $15-25 million value of Titam IC.
Titan IC provides high-speed complex pattern matching and real-time Internet traffic inspection for advanced cyber security and data analytics applications. Its RXP hardware network intelligence acceleration engine, offloads regular expressions (RegEx) string and malware matching, freeing up CPU cores and delivering faster throughput and increased efficiency. The RXP engine’s unique ability to simultaneously handle high throughput, rule depth, and complexity is complementing Mellanox’ BlueField IPU based solutions.
“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, our M&A investments total more than 1.2 billion dollars to date and more than 53 million dollars invested in startups to further our intelligent networking strategy.”
Noel McKenna, CEO of Titan IC, said that the company have worked with Mellanox for many years to integrate its RXP regular expression processor into BlueField I/O Processing Units (IPUs). “Now as part of Mellanox, we will be able to achieve new capabilities for cyber intelligence, intrusion detection and protection, and advanced data analytics applications.”