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Voltaire named among fastest growing companies in Israel
Demand for High-Performance, Efficient, Scale-Out Data Center Solutions Continues to Drive Growth: Voltaire today announced that it has been named the second-fastest growing company on the 2008 Deloitte Israel Technology Fast 50, a ranking of the fastest growing technology companies in Israel. "We are very pleased to be recognized by Deloitte as a high growth company for the second consecutive year," said Ronnie Kenneth, Chairman and CEO, Voltaire. "Voltaire's switching and software products deliver the right balance of high-performance and efficiency that today's scale-out data centers require. Moving ahead, we will continue to expand our business by bringing new, innovative products and solutions to market through our strong network of OEM partners that consist of technology industry leaders including HP, IBM, Sun, SGI and Bull." "Achieving sustained revenue growth of 4,405% over five years is a tremendous accomplishment for a technology company operating in a competitive world," said Asher Mechlovich, partner in charge of the Deloitte Brightman Almagor Zohar Israel Technology Fast 50 Program. Voltaire deserves a lot of credit for its remarkable growth, and we commend them for it." To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over five years (2003-2007), calculated the revenue growth percentage over five years, and compared the growth of technology companies.