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Eyal Waldman

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Eyal Waldman
Eyal Waldman.jpg
Born (1960-07-16) July 16, 1960 (age 63)
Jerusalem, Israel
💼 Occupation
Known forFounder, CEO and chairman of Mellanox Technologies

Eyal Waldman (Hebrew: איל וולדמן, born July 16, 1960) is a businessman and entrepreneur in the high-tech field. The founder of Mellanox Technologies.[1][2], which was sold to technology giant NVIDIA for over $7 billion in 2020[3] .The second biggest exit in Israel[4]

Business Career[edit]

Galileo Technologies[edit]

In 1993, Waldman was one of the founders of Galileo Technology[2], which developed chips for communications networks, and became vice president of engineering. In 1997 Galileo was issued on Nasdaq. In February 1999, Waldman left the company. In 2001, after his retirement from the company, Galileo merged with the American chip company Marvell Technology for $2.7 billion[5].

Mellanox issue on NASDAQ in 2007

Mellanox Technologies[edit]

In 1999, together with Michael Kagan, Roni Ashuri and Shai Cohen, Waldman founded Mellanox Technologies, a company that developed and manufactured electronic products and components for high-speed communication systems using InfiniBand technologies. Waldman served for years as founder and CEO, and for several years also served as chairman of the company[6]. Mellanox launched its Nasdaq IPO in 2007[7]

On March 11, 2019, it was agreed to sell the company to Nvidia for over $7 billion, and the transaction was completed in April 2020[8]

Mellanox Technologies, headed by Waldman, has employed about 200 Palestinian workers from Rawabi, Shechem, Hebron and Gaza since 2013[9]. The profits and equities of the Palestinian employees were equal to all other company employees including during the purchase of the company in 2020, which generated high profits for all employees[10].

Among other things, Waldman also helped raise hundreds of thousands of dollars in donations for the IDF field hospital for Gazans in 2019.

In June 2022 Waldman privately visited Saudi Arabia where he met with fellow businessmen and governmental figures[11]

References

  1. "Mellanox Boss Waldman: Israel's $6.9 Billion Man". Haaretz. Retrieved 2022-08-22.
  2. 2.0 2.1 "Bloomberg -Eyal Waldman". www.bloomberg.com. Retrieved 2022-10-11.
  3. "Nvidia outbids Intel to buy Israel's Mellanox in data centre push". Reuters. 2019-03-11. Retrieved 2022-08-22.
  4. "From Waze to Mobileye: Top 10 biggest tech exits of Israeli companies". Geektime. 2021-04-19. Retrieved 2022-10-11.
  5. Wall Street Journal, Nikhil Deogun and Molly WilliamsStaff Reporters of The Wall (2000-10-17). "Marvell Technology Agrees to Buy Israel's Galileo in $2.7 Billion Deal". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-08-22.
  6. Solomon, Shoshanna. "When a startup gets big, the environment gets rougher, says Mellanox CEO". www.timesofisrael.com. Retrieved 2022-08-24.
  7. "Mellanox to launch Nasdaq IPO at $420-480m value - Globes". en.globes.co.il. 2007-02-07. Retrieved 2022-08-24.
  8. "Nvidia completes $7b acquisition of Mellanox". Globes. 2020-04-27. Retrieved 2022-08-02.
  9. "Inside Rawabi: A new West Bank city built by a Palestinian for Palestinians". www.cbsnews.com. Retrieved 2022-10-11.
  10. "Palestinian contractors poised for riches from Israeli tech firm's takeover". The Jerusalem Post | JPost.com. Retrieved 2022-10-11.
  11. Somfalvi, Attila (2022-06-19). "Israeli entrepreneur says 'incredible potential' for business with Saudis". Ynetnews. Retrieved 2022-10-11.

External Links[edit]



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