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Over the first half of the year, cash from operations was $82.7 million, yet another record high. The company invested $156.2 million in short term securities and raised $14.3 million from common stock issued to employees.
Key customers included Hewlett Packard (HP), IBM, Intel Corporation (INTC) and Oracle. Airbus, Comcast (CMCSA), JP Morgan (JPM, Viacom (VIA) and Chevron (CVX) were smaller customers, but strategic accounts for long-term revenue growth.
With advanced products and a solid customer base, Mellanox dominates its high performance interconnect niche. Interconnect technology is critical for business performance because it increases application productivity with battery such as Lenovo 57Y6266 Battery , Lenovo L08S6D02 Battery , Lenovo 3000 G530 Battery , Lenovo IdeaPad G430 Battery , Lenovo IdeaPad Z360 Battery , Lenovo IdeaPad Y430g Battery , Lenovo 45K2221 Battery , Lenovo 42T4833 Battery , Lenovo ThinkPad T410s Battery , Lenovo FRU 42T4690 Battery , Lenovo 57Y6352 Battery , Lenovo IdeaPad U350 Battery and ROI. Mellanox's addressable interconnect market is large and growing, with a market opportunity of $5.3 billion in 2012 alone.
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