Mellanox Technologies, Ltd. (NASDAQ:MLNX) Files An 8-K Changes in Registrant’s Certifying Accountant

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Mellanox Technologies, Ltd. (NASDAQ:MLNX) Files An 8-K Changes in Registrant’s Certifying Accountant

Item4.01.

Changes in Registrants Certifying
Accountant.
(a) Dismissal of Independent Registered Public Accounting
Firm

On February18, 2017, Mellanox Technologies, Ltd., a company
formed under the laws of the state of Israel (the Company),
dismissed PricewaterhouseCoopers LLP (PwC) as the Companys
independent registered public accounting firm. The dismissal of
PwC was approved by the audit committee of the board of directors
of the Company (the Audit Committee).

Under Israeli law, the Companys shareholders annually approve the
Audit Committees recommendation of the independent registered
accounting firm. The Companys annual report on Form 10-K for the
fiscal year ended December31, 2016, including the financial
statements audited by PwC, was filed with the Securities and
Exchange Commission on February17, 2017 and, thus, PwC had
concluded its required services to the Company for fiscal 2016.

PwCs reports on the Companys financial statements for the fiscal
years ended December31, 2016 and December31, 2015 contained no
adverse opinion or a disclaimer of opinion, and were not modified
as to uncertainty, audit scope, or accounting principle.

During the fiscal years ended December31, 2016 and December31,
2015 and the subsequent interim period through February18, 2017,
there have been no (i)disagreements with PwC on any matter of
accounting principles or practices, financial statement
disclosure, or auditing scope or procedure which disagreements if
not resolved to the satisfaction of PwC, would have caused PwC to
make reference thereto in their reports on the financial
statements for such years or (ii)reportable events (as defined in
paragraph (a)(1)(v) of Item304 of Regulation S-K) except the
material weaknesses in the Companys control over financial
reporting relating to control environment, risk assessment and
monitoring for each interim period in fiscal 2015, which were
remediated as of December31, 2015, as disclosed in Item9A of the
Form 10-K for the year ended December31, 2015 filed with the SEC
on February26, 2016 and included as Exhibit 16.2 to this Form
8-K. The Audit Committee discussed each reportable event with
PwC, and PwC is authorized to respond fully to the inquiries of
the successor accountant (reported below) concerning the
reportable events.

The Company has provided PwC with a copy of the disclosures made
herein and has requested that PwC furnish a letter addressed to
the U.S. Securities and Exchange Commission stating whether it
agrees with the statements made herein. A copy of PwCs letter is
included as Exhibit 16.1 to this Form 8-K.

(b) Appointment of New Independent Registered Public
Accounting Firm

On February18, 2017, the Audit Committee appointed Kost Forer
Gabbay Kasierer, the Israel-based member of Ernst Young Global,
subject to the approval of the Companys shareholders, as the
Companys independent registered public accounting firm for the
year ending December31, 2017 (the Companys 2017 Auditors). The
selection of an Israeli-based audit firm is best aligned with the
Companys establishment of its financial shared service center in
Israel.

Under Israeli law, the Audit Committees recommendation regarding
the appointment of the Companys 2017 Auditors is subject to
shareholder approval and therefore will be presented to the
shareholders for a vote at the Companys annual general meeting.

During the fiscal years ended December31, 2016 and December31,
2015 and the subsequent interim period through February18, 2017,
the Company has not consulted with Kost Forer Gabbay Kasierer
regarding either (i)the application of accounting principles to a
specified transaction, either completed or proposed, or the type
of audit opinion that might be rendered on the Companys financial
statements, and neither a written report was provided to the
Company or oral advice was provided that Kost Forer Gabbay
Kasierer concluded was an important factor considered by the
Company in reaching a decision as to the accounting, auditing or
financial reporting issue; or (ii)any matter that was the subject
of a disagreement (as defined in paragraph (a)(1)(iv) of Item304
of Regulation S-K) or a reportable event (as described in
paragraph (a)(1)(v) of Item304 of Regulation S-K).

Item9.01. Financial Statements and Exhibits
(d) Exhibits.

Exhibit

No.

Description

16.1 Letter of PricewaterhouseCoopers LLP dated February 24, 2017.
16.2 Item 9A Controls and Procedures Disclosure from the Mellanox
Technologies, Ltd. Annual Report on Form 10-K for the fiscal
year ended December 31, 2015, as filed with the Securities
Exchange Commission on February 26, 2016.


About Mellanox Technologies, Ltd. (NASDAQ:MLNX)

Mellanox Technologies, Ltd. is a fabless semiconductor company. The Company designs, manufactures and sells interconnect products and solutions primarily based on the InfiniBand and Ethernet standards. The Company operates in the development, manufacturing, marketing and sales of interconnect products segment. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment and other embedded systems. It operates its business across the globe and offers products to customers at various levels of integration. The products it offers include integrated circuits (ICs), adapter cards, switch systems, cables, modules, software, services and accessories as an integral part of networking solution focused on computing, storage and communication applications used in multiple markets, including high-performance computing (HPC), Web 2.0, storage, financial services, enterprise data center (EDC) and cloud.

Mellanox Technologies, Ltd. (NASDAQ:MLNX) Recent Trading Information

Mellanox Technologies, Ltd. (NASDAQ:MLNX) closed its last trading session up +0.25 at 49.50 with 1,038,320 shares trading hands.