Starboard Value takes 10.7% stake in Mellanox Technologies in push for possible sale
November 21, 2017 at 10:44 AM EST
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.