During the corresponding time, Mellanox Technologies Ltd recorded a revenue increase by 30.93 % year on year, sequentially revenue grew by 13.28 %. While revenue at the Mellanox Technologies Ltd 's corporate clients
Mellanox Technologies Ltd's Comment on Sales, Marketing and Customers
HPC, cloud, Web 2.0 and embedded end-user markets for systems utilizing our products
are mainly served by leading server, storage and communications infrastructure
OEMs and ODMs. In addition, our customer base includes leading embedded systems
OEMs that integrate computing, storage and communication functions that use high-performance
interconnect solutions contained in a chassis which has been optimized for a particular
environment.
Our products have broad adoption with multiple end customers across HPC, Web 2.0,
cloud, EDC, financial services and storage markets; however, these markets are
mainly served by leading server, storage, communications infrastructure and embedded
system OEMs and ODMs. Therefore, we have derived a substantial portion of our
revenues from a relatively small number of OEM and ODM customers. In the years
ended December 31, 2017, 2016 and 2015 sales to Hewlett Packard Enterprise ("HPE")
accounted for 13%, 16% and 14%, respectively, of our total revenues. In the year
ended December 31, 2017, sales to Dell Technologies ("Dell") accounted
for 11% of our total revenues.
Sources:
Mellanox Technologies ltd’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Mellanox Technologies ltd’s corporate clients.
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