Starboard Delivers Open Letter to Mellanox Shareholders

NEW YORK, March 7, 2018 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard"), the largest shareholder of Mellanox Technologies, Ltd. ("Mellanox" or the "Company")(NASDAQ: MLNX), with an ownership interest of approximately 10.6% of the Company's outstanding shares, today announced that it has delivered an open letter to the shareholders of Mellanox and has filed preliminary proxy materials with the SEC regarding the election of directors to the Mellanox Board at the 2018 Annual Meeting. 

Starboard's open letter to Mellanox shareholders may be viewed at the following link: http://www.starboardvalue.com/wp-content/uploads/Starboard_Value_LP_Letter_to_MLNX_Shareholders_Regarding_Preliminary_Proxy_03.07.2018.pdf

About Starboard Value LP
Starboard Value LP is a New York-based investment adviser with a focused and differentiated fundamental approach to investing primarily in publicly traded U.S. companies. Starboard invests in deeply undervalued companies and actively engages with management teams and boards of directors to identify and execute on opportunities to unlock value for the benefit of all shareholders.

Investor contacts:
Peter Feld, (212) 201-4878
Jonathan Sagal, (212) 845-7935

SOURCE Starboard Value LP