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Xilinx working with Barclays to acquire Mellanox, deal could be announced in December, sources say

Alex Sherman

Xilinx has hired Barclays to advise it on a potential acquisition of Mellanox. CNBC first reported Mellanox had hired a financial adviser to look into a sale on Oct. 25. A deal could value Mellanox at more than $100 per share and could be announced in December, sources say.