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Starboard Value Takes 10.7% Stake in Mellanox Technologies | 4-Traders

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Starboard Value LP has taken a 10.7% stake in Mellanox Technologies Ltd., urging the company to improve its margins and stock and explore a potential sale, a thesis in part helped by deal talks at Marvell Technology Group Ltd., where Starboard has a seat. Starboard believes Mellanox is spending too much on research and development and other corporate expenses to try to grow revenue, sacrificing margins compared with peers, according to people familiar with the matter...

Mentions: Technology Sale stake